Overview
Leadership »
Officers & Executive Staff
Board of Directors
About MDH »
History
Accolades
Portfolio
Interactive Map
Property Profiles
Investor Relations
News and Releases »
Press Releases
Events & Interviews
Corporate Calendar
Financial Information »
SEC Filings
Earnings Releases
Supplemental Data
Annual Reports
Investor Presentations
Analysts
Stock Information »
Stock Quote/Chart
Historical Prices
Basis Calculator
Dividends
Market Makers
Distribution Reinvestment
Corporate Governance »
Officers & Directors
Committee Charting
Governance Documents
Fact Sheet
Annual Report
Contact Us
Info Requests
Email Notifications
Crowne Plaza Hampton Marina
<< back
Built: 1988
Acquired: 2008
Renovated: 2008
Rooms: 173
Meeting Space: 7,600 SF
View VR Tour
Visit Website
Opportunity:
Unbranded asset was in physical distress and with unqualified management
20,000 SF of adjacent, underutilized retail space
Prime waterfront location in heart of historic downtown Hampton
Acquired at significant discount to replacement cost
Value Added by MDH:
$4.5 million PIP renovation completed early 2009 included: lobby redesign, complete FF&E replacement throughout all hotel and guest room areas, new fitness center, renovated pool and outdoor function space area
Crowne Plaza license agreement through 2018
Received Stakeholder of the Year Award from Downtown Hampton Development Partnership for the renovation and repositioning efforts