AJ Capital Partners to launch Graduate Hotels collection in US college towns

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US: Chicago-based AJ Capital Partners has announced the launch of Graduate Hotels, a collection targeting college markets across America.

US: Chicago-based AJ Capital Partners has announced the launch of Graduate Hotels, a collection targeting college markets across America.

AJ Capital Partners is teaming up with Hong Kong-based Gaw Capital Partners to invest around $500 million in 20 hotels over the next five years. The company says each Graduate Hotel “will be part of a well-curated, thoughtfully crafted collection of hotels that reside in the most unique college towns across the country”.

The brand’s first two locations, Tempe, Arizona, and Athens, Georgia, are scheduled to open in October 2014 with additional locations including Oxford, Mississipi; Madison, Wisconsin; Charlottesville, Virginia.; Bloomington, Indiana; and Raleigh, North Carolina due to open over the next year.

Ben Weprin, founder of AJ Capital Partners, said: “We wanted to create an inspiring environment where alumni, current and prospective students, parents, professors, visitors, and business travellers alike can see themselves spending time and feel a sense of place that’s true to the town. Each property will have its own flair that reflects the personality of each community while also fitting into the national scheme and concept of our brand as a whole.”

Christian Strobel, president of Graduate Hotels, said: “The consistency of our brand lies in celebrating the uniqueness of each town. Through our travels and research, we’ve spoken to locals and alums and experienced what makes each of these classic American cities so loved, from the quirky traditions passed down over generations, to local haunts and the people that bring them to life. Graduate Hotels will be a true lifestyle hotel experience unlike anything currently offered in these markets.”

www.graduatehotels.com
www.ajcapitalpartners.com

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