Davidson Hotels & Resorts assumes management of King Charles Inn

US: The 91-room hotel, located in Charleston’s Historic District, will undergo a renovation and rebranding in 2020.

The property was acquired by High Street Real Estate Partners and WHI Real Estate Partners, and Pivot Hotels & Resorts will operate the hotel.

Amenities include an a la carte and daily bar service at BREW Pub & Café, an outdoor pool with sundeck and terrace, access to Pivotal Fitness which is adjacent to the hotel, a nightly evening reception with complimentary accoutrements, and more.

The 19th century building is said to be the place where Edgar Allen Poe wrote The Gold-Bug. As such, exclusive guided walking tours are offered by the hotel to highlight local sites that inspired Poe’s writing.

“We are pleased to welcome the storied King Charles Inn to our portfolio as a vibrant, one-of-a-kind experience for travellers,” said Thom Geshay, president of Davidson Hotels & Resorts. “With oversight of one of Charleston’s most historic sites, we will embrace the property’s rich history and leverage our management expertise towards an even brighter future”.

Justin Wilson, president of High Street Real Estate Partners, added: “Charleston is one of the most popular destinations in the country right now and it’s exciting to be in this market with institutionally proficient and locally-immersed partners at the helm. We are happy to be teaming up with WHI Real Estate Partners and Davidson to reinvigorate and reenergise this historic property to be more contemporary, refined and in line with guests’ evolving travel needs”.

High Street Real Estate Partners is a privately-held investment firm focused on developing and acquiring equity interests in hospitality and multi-family assets in highly rated markets.

WHI Real Estate Partners is an investment firm focused on repositioning middle-market real estate assets across the US. It manages a series of fully-discretionary, institutional funds whose investors include university endowments, foundations, health-care systems and family offices, among others.

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