Concord Hospitality Enterprises to operate hotel, oversee $10 million-plus renovation and relaunch as Wyndham Grand Hotel.
HUNT VALLEY, MD. – Laurus Corporation recently announced the acquisition of the 392-room Hunt Valley Inn, Md., for an undisclosed amount. The hotel will immediately embark on a $10 million renovation and conversion to a Wyndham Grand Hotel. Laurus has appointed Concord Hospitality Enterprises, one of the top-ranked hotel developer/owner/operators in North America, to operate the hotel.
The Hunt Valley Inn’s renovation will touch all aspects of the guest experience and includes upgrades to the 33,000 sq. ft. convention and meeting space, indoor and outdoor pre-function areas, including a new event lawn, guest room upgrades, and a re-imagined restaurant and lounge, all designed to bring the hotel to a new level of refinement and establish it as a regional destination. During the renovation, the hotel will operate as a Wyndham affiliate, giving business travelers the added benefits of a major brand affinity program.
“This asset has such a rich local history, and with the planned improvements, has the potential to continue its legacy of playing a pivotal role in the social and economic life of the local community,” said Andres Szita, chairman of Laurus. “The dynamics of an excellent location central to New York, Philadelphia, Baltimore and the Greater D.C. metro area, a high-impact renovation, and the hotel’s capacity to host a variety of large and small meetings, conventions and social events, will ensure this hotel’s market dominance.”
According to Szita, the hotel’s renovation will reflect the area’s stately homes and rich horse racing traditions, creating an elegant warmth that will make the hotel a gathering spot for locals as well as travelers.
To make an immediate impact to the guest experience, the initial phases of the renovation will focus on upgrading the sense of arrival, such as expanding the Wi-Fi capacity. Refurbishment plans also will focus on upgrading the exterior, expanding the meeting space, adding an outdoor pavilion, and converting a percentage of the renovated guest rooms to an upscale concierge’s level.
“The Hunt Valley Inn benefits from its strong location and the demand generated by the numerous business and leisure activities in the area,” said Kevin McAteer, vice president sales and marketing Concord Hospitality. “This hotel marks our second in Maryland and our fourth in the Greater D.C. metro area, allowing for economies of scale and market insights. Following the completion of the renovation and the implementation of our proprietary management and marketing systems, we are confident that the Hunt Valley Inn will quickly take its place as a market leader.”
The hotel offers easy access from I-83 North, located right off of Exit 20A (Shawan Road) at 245 Shawan Road, adjacent to McCormick & Company Headquarters, Bank of America, Procter & Gamble and many other fortune 500 company locations. The Hunt Valley Inn also is just minutes from Baltimore’s scenic Inner Harbor, the Baltimore National Aquarium, University of Maryland Baltimore, the Maryland Zoo, Camden Yards, and the Baltimore Convention Center.
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