Real Estate · Texas, United States · 885 Employees
NewcrestImage serves the hospitality industry. It designs, builds, and operates hotels, offices, and retail properties. The company was formed in 1978 and located in Frisco, Texas.
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- Dallas Venture will use the funds to help accelerate the growth of micro, small and medium enterprises (MSMEs).
- NewcrestImage presently holds ownership of around 70 hotels across 26 states, while Coury Hospitality operates 12 lifestyle hotels situated in six states, featuring 10 properties from Marriott’s Autograph Collection, with another three properties currently under development. Both companies foresee a chance to boost their competitive stance and secure significant expansion in the lifestyle and luxury sector from their partnership, according to reports.
- NewcrestImage has reached definitive agreement to purchase 45 hotels from a private investment firm. Terms of the transaction were not disclosed. The portfolio totals approximately 3,300 rooms and includes 35 Marriott-branded, seven Hilton-branded, ...
- NewcrestImage has entered a definitive agreement with a joint venture between Highgate and Cerberus to acquire four LaQuinta-branded properties which together total 696 rooms. The properties include the LaQuinta Inn & Suites at Los Angeles Internati...
- The pandemic was an eye-opening experience for NewcrestImage’s Mehul Patel. He realized that he wanted to wake up each morning and do what he enjoys: making deals and investing in hotels. That’s the revelation that led Patel, managing partner and CE...
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NewcrestImage serves the hospitality industry. It designs, builds, and operates hotels, offices, and retail properties. The company was formed in 1978 and located in Frisco, Texas....