April 22, 2014 (Dallas) – Boxer Resorts announced today it has acquired the DFW Holiday Inn in Bedford, Texas. The hotel is the fourth hospitality property acquired by Boxer Resorts and was recently recognized as the winner of the IHG Renovation of the Year award. This important acquisition brings the total number of rooms held by Boxer Resorts to 1,265 at four locations which include the Elevation Hotel and Spa in Crested Butte, the Doubletree by Hilton in Minneapolis, and the Point Hilton Tapatio Cliffs Resort in Phoenix.
Boxer Resorts continues to expand its reach by acquiring properties that are elegant and placed in some of the country’s most popular vacation spots. The DFW Holiday Inn in Bedford is no exception and Boxer Property takes great pride in adding this property to its existing portfolio.
An Exciting Location for Boxer Resorts
Located in the heart of the Metroplex near Dallas/Fort Worth International Airport, the DFW Holiday Inn in Bedford sits at the center of a hotbed of tourist attractions that include Six Flags Over Texas, a water park, and sports stadiums for the Dallas Cowboys and Texas Rangers. It is also in close proximity to the Grapevine Mills Mall and the American Airlines Conference Center.
Many popular DFW suburbs are located nearby including Irving, Arlington, and Grand Prairie. Grand Prairie is home to Lone Star Park, a thoroughbred racing facility that has hosted the Breeders’ Cup World Championships, as well as Ripley’s Believe it or Not. The city also boasts an outdoor concert venue that regularly draws the biggest names in entertainment. Multiple shopping opportunities abound in this area of rich artistic and cultural history.
Full-Service Amenities and Unparalleled Comfort
The hotel itself is a full-service establishment that features 245 rooms, a fitness center, and a pool. There is complimentary shuttle service to and from DFW International Airport. Those looking for a place to host business meetings and other gatherings will be pleased with the hotel’s on-site conference facilities. This resort property is one that embodies the lively atmosphere of the DFW Metroplex. The amenities available to guests are extensive and designed to provide a relaxing atmosphere for work or play.
“We’re pleased to add the DFW West Holiday Inn to our hospitality portfolio,” said Michael Pariza, President of Boxer Resorts. “We’re beginning to diversify, and adding business & airport hotels to our mix is a step in that direction.”
Clearly, Boxer Resorts is committed to expansion and adding additional properties that meet or exceed Boxer’s high standards. This most recent acquisition further solidifies Boxer Property’s place on the national stage of property management. Boxer Property also maintains a strong office and retail presence that includes more than 130 properties and 16 million square feet. The company has become a market leader by stressing professionalism, progressive management, and consistency across its entire impressive portfolio. Boxer Property employs technologically-driven quality control and efficiency.
The seller was represented by Hank Wolpert of Hospitality Real Estate Counselors in Dallas, Texas.