AD1 Global Purchases Hilton Rocky Mount
HOLLYWOOD, Fl., June 15, 2018 – AD1 Global, a hotel investment, acquisition and development company announced the purchase of Doubletree by Hilton Hotel Rocky Mount.
“We are currently in a high growth stage and are looking for strategic acquisitions in performing markets,” said Alex Fridzon, AD1 Global CFO.
The 166 room Doubletree by Hilton in Rocky Mount NC, is located just off Interstate 95 directly in the middle of the popular New York to Florida highway route. It is a common stop for many of the nation’s travelers and Amtrak trains. The hotel is also adjacent to highway 64 and near the city’s hospital.
Less than 15 minutes away from the hotel the Triangle Tyre company will be building a manufacturing plant that will create 800 jobs and invest nearly $580 million in a 1,449-acre advanced manufacturing mega-site. The project is estimated to contribute more than $2.4 billion to North Carolina’s economy.
The property features an on-site steakhouse serving Texan cuisine, as well as a heated outdoor pool and a fitness center. Other amenities include a free area shuttle, 10 meeting rooms and a business center.
This is AD1 Global’s second acquisition of 2018. They also purchased the Wyndham Garden Greenville Airport hotel earlier this year. The company is developing hotels in Palm Bay, Dania Beach Tamarac and Orlando, Florida.
“We are very excited to welcome this great hotel into our family,” said Daniel Berman, AD1 Global CEO.
AD1 Global now has 13 hotels in its portfolio featuring well-known brands such as Hilton, Marriott and Wyndham. The company is actively engaged in finding new acquisitions. For more information please visit www.ad1global.com.
About AD1 Global:
AD1Global is a hospitality development and management company located in Hollywood, Florida. The company excels in all facets of the hospitality industry, ranging from the acquisition of existing hotels, new developments, renovations, daily operations and management contracts.
AD1 Global offers complete and comprehensive hotel solutions tailored to the specific needs of each individual property. The company’s goal is to continuously improve the work-process resulting in highly profitable hotels.