Dreamscape Companies Enter Red Hot Charleston Market with Acquisition of Saint Hotel Charleston | State
NEW YORK, November 18, 2021 / PRNewswire / – Dreamscape Companies, Founded by Real Estate Veteran Eric Birnbaum, today announces the acquisition of the Saint Hotel Charleston, a boutique hotel located in the heart of the city’s historic French Quarter, centered in Charleston downtown. The purchase of The Saint Hotel Charleston follows several recent acquisitions in key regional markets and illustrates the company’s commitment to its target goal of $ 1 billion in acquisition over the next 24 months. This acquisition also marks Dreamscape’s first entry point into Charleston, a market that has continued to grow and expand in recent years while attracting national attention.
Dreamscape Companies announces the acquisition of The Saint Hotel Charleston, a boutique hotel in Charleston downtown.
Aimbridge Hospitality will oversee and manage the operations of the Saint Hotel Charleston. With the resumption of tourism and from Charleston As popularity continues to rise, Aimbridge, one of the world’s leading hotel management companies, is working with hotel staff to ensure a seamless and upscale opening experience.
â2021 has been a great year for Dreamscape and continues with the acquisition of The Saint Hotel Charleston,â said Eric Birnbaum, Founder and CEO of Dreamscape Companies. âWhile we have entered several large regional markets in recent months, Charleston is especially important because it is a deeply magnetic city that has continuously prospered over the years. Tourism continues to thrive here, and we couldn’t be more excited to be a part of this beloved city and develop a presence in one of its most vibrant neighborhoods. “
“This transaction is another example of our ability to acquire properties off the market given our strong relationships with the industry,” said Scott Broder, president of Dreamscape Hospitality. “Charleston is one of the best accommodation markets in the country and we plan to be very active in the Charleston community.”
Perhaps the most famous district of Charleston, the French Quarter has long been a favorite among locals and tourists alike for its charming streets, top-notch restaurants, and pulsating energy. Located at 194 East Bay Street, the Saint Hotel Charleston is centrally located in this historic district and its boutique design offers guests a unique combination of romance and adventure. Visible on both Bay and Cumberland Streets, the 45-room property puts guests within easy reach of live music and Lowcountry fare with award-winning High Cotton, and Slightly North of Broad, a famous restaurant. , located next door. The property will also feature a 1,350 square foot penthouse suite with an outdoor terrace overlooking East Bay Street, which will be one of the city’s most luxurious single room offerings.
In addition to incredible restaurants, guests of the Saint Hotel Charleston are also within walking distance of an abundance of sought-after boutiques, awe-inspiring galleries, and beautiful parks, all of which make the French Quarter a mecca for experiential tourism. The hotel’s proximity to the bustling city center, as well as the riverside, Market and King Streets ensure the possibility of walking in the location as well as a multitude of suitable activities day and night. As you venture beyond the prime location of the Saint Hotel Charleston, guests can take advantage of other features of the Charleston peninsula, including its bustling waterways and candy-colored facades that dot 90 miles of coastline.
Dreamscape’s mission is to create long-term financial prosperity through a diverse portfolio of differentiated and forward-thinking real estate projects. Led by the founder and CEO Eric Birnbaum, Dreamscape owns and operates residential, commercial, hotel, entertainment and game properties, (re) developing experience-centric spaces that focus on maximizing the intrinsic value of each property. For more information, please visit www.dreamscapecos.com.
About Aimbridge Hospitality
Aimbridge hospitality is a leading global hotel company providing premier hotel management services in a wide range of full and select services, luxury hotels, resorts, convention centers and style hotels of life. Aimbridge’s premium portfolio represents approximately 1,500 properties in 49 states and 20 countries, including the pipeline. With the industry’s strongest brand diversity, Aimbridge and its affiliates represent 84 accommodation brands, in addition to over 82 independent boutique / lifestyle hotels in the portfolio. As the world’s largest third-party operator, Aimbridge is dedicated to its mission of leveraging its scale to add value to owners and opportunities for associates better than any hotel operator. Aligned with focus, agility and expertise for each vertical sector, Aimbridge drives success in the hotel market and maximizes returns on investment for owners. Aimbridge Hospitality’s global headquarters are based in Plano, Texas, with additional headquarters at Atlanta, Calgary, Fargo, Porto Rico, and in Washington, DC Evolution Hospitality, Aimbridge’s Lifestyle division, is headquartered in San Clemente, California. Aimbridge’s international division, Interstate Hotels & Resorts, has support offices across Europe in Amsterdam, Birmingham, Glasgow, and Moscow. The company’s Mexico division, Group Hotelero Prisma, has offices in Monterrey and Mexico City. For more information on Aimbridge Hospitality, please visit www.aimbridgehospitality.com and connect with Aimbridge on LinkedIn.
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SOURCE Dreamscape Entreprises