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Electra America Hospitality Group acquires two hotels in New York City and Washington D.C. Metro Area

WEST PALM BEACH, FLA. – Electra America Hospitality Group (EAHG), a joint venture between Electra America and AKA targeting the acquisition and repositioning of underperforming hotels in gateway markets, announces that it has purchased a 178-key hotel in the heart of Old Town Alexandria – a hotel that was once a part of the Old Colony Inn – for an undisclosed amount. This comes on the heels of the leasehold acquisition last month of the Roger New York, a 194-room boutique hotel in the heart of Manhattan’s NoMad neighborhood, for $19 million. These transactions mark EAHG’s first two hotel acquisitions since the joint venture launched in February 2021.

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