MERRILLVILLE, Indiana—White Lodging introduced its acquisition of the Sheraton Raleigh Resort. The 353-room property is in downtown Raleigh, North Carolina, and inside strolling distance of the Raleigh Conference Middle. White Lodging will even handle the newly acquired resort.
White Lodging expects to undertake a complete renovation of the property and its facilities, together with a model evolution from a Sheraton to a Westin. The undertaking will embody guestroom and public-area enhancements, in addition to added assembly house and reimagined meals and beverage ideas. White Lodging is at the moment engaged on design and building plans for the renovation and anticipates beginning the renovation in early 2027.
“This funding strongly helps White Lodging’s development technique, which spans premium city ground-up growth, strategic acquisitions like this one, and choose third-party administration agreements,” stated Conner White, vice chair and chief funding officer at White Lodging.
This acquisition is White Lodging’s first in Raleigh. In North Carolina, White Lodging developed, owns, and operates the JW Marriott Charlotte, together with roughly 60 different resort properties in 17 markets. The corporate will open its latest growth, Resort Trinity Austin, Autograph Assortment, in Texas later this 12 months.
Jean-Luc Barone, president and chief government officer at White Lodging, stated, “This resort gives an thrilling alternative to boost the standard of the resort with an expanded conference middle within the works and rising leisure demand.”
