Transwestern Hospitality Group (THG) announced it has acquired Hotel Granduca, a 122-key luxury hospitality property in Houston, from Leading Hotels of the World Ltd. for an undisclosed price.
THG partners Tyler Lavin and Thomas Duncan, supported by Transwestern’s investment team, will lead a repositioning project at the hotel. Updates at the property will include design, guest experience, amenity package, and food and beverage program. Design firm Kara Childress Inc. has been selected as lead interior designer for the project and Westmont Hospitality Group has been selected to operate the hotel.
“Hotel Granduca is an irreplaceable five-star property located in an amenity-rich, walkable enclave situated between the River Oaks and Galleria submarkets,” Lavin said. “In a world where travelers increasingly expect a memorable, authentic experience, this is a rare opportunity to embrace the individuality of one of the city’s most distinct hospitality spaces.”
“Tapping into Transwestern’s integrated platform and some of the best talent in the hospitality space, our team has the placemaking experience to bring a bold vision to life, creating an unmatched environment for Houston’s residents and visitors,” Duncan added.