The Boston Park Plaza is now part of the Hilton brand, and it has new owners after a $370 million purchase.
The Boston Park Plaza has sold for $370 million, and the iconic hotel that’s one of the city’s largest has also taken on its new branding under the Hilton name.
The 1,060-room hotel just south of the Public Garden has been sold to Parks Hospitality Holdings, a Mexican hotel developer that's a major Hilton franchisee. It was sold by Sunstone Hotel Investors, a California company that paid $250 million for the Park Plaza in 2013.
STAY IN THE KNOW
Watch NBC10 Boston news for free, 24/7, wherever you are. |
|
Get Boston local news, weather forecasts, lifestyle and entertainment stories to your inbox. Sign up for NBC Boston’s newsletters. |
More on this story from Boston Business Journal
Get top local stories in Boston delivered to you every morning. Sign up for NBC Boston's News Headlines newsletter.