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Built: 1972
Acquired: 2004 (contributed in conjunction with Initial Public Offering)
Renovated: 1994/2001/2005
Rooms: 331
Meeting Space: 10,000 SF
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Opportunity:
- Premiere location in major US market
- Philadelphia International Airport is the 26th busiest airport in the world
- Hotel held strong performance history with potential for improvement through additional market share gain
Value Added by MDH:
- $4.0 million Hilton PIP renovation in 2005 included: exterior enhancements, lobby redesign, FF&E replacement throughout most public space and guest room areas
- Hilton franchise license extension to 2014
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