Crowne Plaza Boston-Woburn

Investment Partner
JDM Realty LLC
Project Type
Hotel and Conference Center
Acquisition Date
2012
Disposition Date
2017
Awards
Trip Advisors “Certificate of Excellence”
Boston A List – Best Sports Bar, Scoreboard, 4 years in a row
2013 IHG Renovation of the Year
2013 IHG Torchbearer Award
Project Overview
Alta invested in Crowne Plaza as the new ownership was completing a major renovation and rebranding. The 197-room, full-service hotel also includes a very successful sports bar and restaurant, the Scoreboard. The renovation included the addition of an indoor pool and fitness center, renovated meeting space, and major updates to the guest rooms. Located just off Route 128 in the 128 technology corridor, the hotel is only 12 miles north of downtown Boston and offers easy access to Massachusetts Commuter Rail.
After acquisition Alta worked with the on-site team to streamline operations and ultimately improve the bottom line, which led to a successful sale.