NewcrestImage Acquires 125-Room Hyatt Place Hotel in Grapevine, Texas

June 13, 2016 — NewcrestImage has expanded its portfolio with the purchase of the 125-room, 6-floor Hyatt Place hotel in the Dallas suburb of Grapevine, Texas, located just three miles from the DFW International Airport. This becomes the company’s fourth Hyatt Place, joining hotels owned and operated in San Antonio, Lubbock, and the Dallas suburb of Plano.