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A complete archive of NewcrestImage news, transactions, partnerships, and milestones.
The Clara Hotel Officially Opens Following Transformation of Former NYLO Property in Plano, Texas
July 16, 2026 – The Clara Hotel has opened in Plano’s Legacy Corridor following a property-wide renovation and repositioning of the former NYLO Hotel. Owned by NewcrestImage and operating within Hilton’s Tapestry Collection, the 176-room property now features a residential-inspired design, eight specialty suites, and two new dining concepts…
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NewcrestImage Unveils Ricardo Marriott Near DFW Airport Following Major Renovation and Rebranding
April 9, 2026 – The 293-room Ricardo Marriott DFW Westlake has opened 8 miles from DFW International Airport following a complete renovation and rebranding. The new name honors award-winning Mexican architect Ricardo Legorreta, whose distinctive use of bright colors, light, and geometric shapes defined the original property…
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NewcrestImage Debuts Hotel Mockingbird in Dallas
April 2, 2026 – The Hotel Mockingbird, with 296 rooms and suites over nine floors, opened on March 24 in the Park Cities in-town neighborhood of Dallas as part of Marriott’s Tribute Portfolio after a complete renovation and rebranding. The property was acquired in October 2024 by NewcrestImage and is now managed by Coury Hospitality…
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NewcrestImage Opens The Elmore Hotel in Dallas-Ft. Worth Metroplex
September 24, 2025 – The Elmore Hotel opens today under the ownership of NewcrestImage and management of Coury Hospitality in Southlake, Texas, midway between Dallas and Fort Worth. The 175-room property is the first boutique lifestyle hotel in Southlake and the latest addition to Marriott’s Tribute Portfolio…
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NewcrestImage Acquires 176-Key NYLO Dallas Plano
August 19, 2025 – NewcrestImage has grown its portfolio of luxury full-service properties with the acquisition of the NYLO Dallas Plano, part of the Tapestry Collection by Hilton. The eco-friendly boutique property features 176 industrial chic loft-style rooms…
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NewcrestImage Opens NJ Homewood Suites After Refresh
December 18, 2024 – A 150-unit, five-floor all-suites property in Parsippany, NJ has been converted by NewcrestImage and is operating under the Homewood Suites by Hilton brand. The…
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NewcrestImage Acquires The Beeman Hotel In Dallas
October 3, 2024 – NewcrestImage continues to grow its portfolio of luxury full-service properties with the addition of The Beeman Hotel, which features 296 guest rooms and suites…
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NewcrestImage acquires DoubleTree Suites in Columbus
September 10, 2024 – NewcrestImage has acquired the full-service DoubleTree Suites by Hilton Hotel Columbus Downtown in Ohio. The deal was brokered by Hunter Hotel Advisors, with…
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NewcrestImage Expands Portfolio with Acquisition of NYLO Hotel in Warwick, RI
April 26, 2024 – NewcrestImage, a leader in the hospitality industry, today announced the acquisition of the NYLO Providence Warwick Hotel, part of Hilton’s Tapestry Collection.…
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NewcrestImage Acquires 3 Courtyard by Marriott Hotels At Major Airports
October 18, 2023 – NewcrestImage is acquiring three Courtyard by Marriott hotels from W.P. Carey, a real estate investment trust with headquarters in New York City. Two properties –…
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NewcrestImage Acquires Full-Service Marriott In Westlake, Texas
September 26, 2023 – A joint venture of two Dallas-based companies – NewcrestImage and Dabu Group – has acquired the full-service Marriott Dallas/Fort Worth Westlake. The hotel…
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NewcrestImage and Coury Hospitality Forge Strategic Alliance to Focus on Lifestyle Hotel Growth
June 1, 2023 – NewcrestImage, a prominent leader in the hospitality industry, has entered into a strategic partnership with Coury Hospitality, based in Dallas, with a 50% ownership…
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Joint Venture of NewcrestImage & Hospitality Capital Partners Acquires 16-Hotel Portfolio for $137 Million
March 23, 2023 – In a joint venture, Dallas-based NewcrestImage and Phoenix-based Hospitality Capital Partners (HCP) have acquired 16 hotels with a total of 2,155 rooms for $137.3…
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NewcrestImage Completes Acquisition of 45 Hotels in 11 States
November 18, 2022 – Dallas-based NewcrestImage has closed on a portfolio of 45 hotels that includes 35 Marriott-branded, seven Hilton-branded, and three Choice-branded properties in…
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NewcrestImage, Dabu & Countrywide Form JV To Acquire BW Plus In Page, Arizona
September 27, 2022 – The Best Western Plus in Page, Arizona has been acquired by a new joint venture of NewcrestImage, Dabu Hotels, and Countrywide Hospitality in a transaction that…
Read articleNewcrestImage & Hospitality Capital Partners Acquire 16 Hotel Portfolio In Joint Venture
September 20, 2022 – A joint venture of NewcrestImage and Hospitality Capital Partners (HCP) has reached definitive agreement to acquire 16 Marriott-branded hotels with a total of…
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NewcrestImage To Acquire 45 Hotels Across 11 States
September 8, 2022 – NewcrestImage has reached definitive agreement to purchase 45 hotels, totaling approximately 3,300 rooms, including 35 Marriott-branded, seven Hilton-branded,…
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NewcrestImage Acquires 135-Suite TownePlace Suites Dallas Las Colinas From Marriott
July 21, 2022 – NewcrestImage continues to grow its investment-focused portfolio with the purchase from Marriott International of the TownePlace Suites Dallas Las Colinas. Closing…
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NewcrestImage To Acquire 4 LaQuinta Properties From Highgate and Cerberus
July 14, 2022 – NewcrestImage has entered a definitive agreement with a joint venture between Highgate and Cerberus to acquire four LaQuinta-branded properties which together total…
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Marriott Salutes NewcrestImage With Partnership Circle Award
July 13, 2022 – Dallas-based NewcrestImage has been recognized by Marriott International with the prestigious Partnership Circle Award, which is the highest honor that Marriott…
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NewcrestImage Acquires Cambria Hotel Southlake DFW in Southlake, Texas
June 23, 2022 – NewcrestImage has added the 175-room Cambria Hotel Southlake DFW in Southlake, Texas to its portfolio today. The company takes over operations at the property…
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NewcrestImage invests in TiffinLabs
February 24, 2022 – NewcrestImage has become an investment partner in TiffinLabs, a Singapore-based food tech company that is expanding its food delivery-focused virtual restaurant…
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Summit Hotel Properties Completes Acquisition of NewcrestImage Portfolio
January 13, 2022 – Summit Hotel Properties, Inc. (NYSE: INN) (the “Company” or “Summit”) today announced that it has completed an initial closing of the previously announced…
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NewcrestImage Becomes Minority Shareholder and Selects Aimbridge Hospitality for Management of 27-Hotel Portfolio
January 13, 2022 – NewcrestImage, an award winning hotel development company based in Dallas, announces it will transfer its existing hotel management agreement rights to Aimbridge…
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NewcrestImage to Acquire 9 Arizona Properties From G6 Hospitality
January 6, 2022 – NewcrestImage has reached definitive agreement to purchase nine hotels in Arizona from G6 Hospitality – six branded Motel 6 and three branded Studio 6. The…
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Summit Hotel Properties Announces Acquisition of 27-Hotel Portfolio from NewcrestImage
AUSTIN, Texas, Nov. 3, 2021 /PRNewswire/ – Summit Hotel Properties, Inc. (NYSE: INN) (the “Company” or “Summit”) today announced that it has entered into a definitive contribution…
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NewcrestImage Sells Hyatt Place in Amarillo, Texas to an Affiliate of KAMP Hotels, LLC
September 30, 2021 – NewcrestImage has sold its 91-room, four-floor Hyatt Place in western Amarillo to an affiliate of KAMP Hotels, LLC. The hotel opened in December of 2019. “The…
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NewcrestImage Sells AC Hotel by Marriott in Phoenix, Acquires Sinclair Hotel in Fort Worth
September 7, 2021 – NewcrestImage has concluded two major hotel transactions: a sale and an acquisition. The Dallas-based company sold its 199-room, 13-floor AC Hotel at Arizona…
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NewcrestImage Opens Hilton Garden Inn Grapevine at SilverLake Crossings Near DFW Airport
April 15, 2021 – NewcrestImage has added a 152-room Hilton Garden Inn to its portfolio with the opening on Friday, April 16 of a six-floor hotel in SilverLake Crossings, a 52-acre…
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NewcrestImage Purchases Magnolia Hotel Using New Real Estate Fund
March 1, 2021 – In the first investment from its new $100 million real estate fund, NewcrestImage has acquired the Magnolia Hotel in downtown Dallas from Stout Street Hospitality.…
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