ROCK HILL — There’s new ownership for one of the hotels along one of York County’s busiest tourism corridors. The High Point, N.C.-based CN Hotels purchased the 114-room Holiday Inn Rock Hill at 503 Galleria Blvd. for $6.5 million. The inn is among more than a dozen hotels on or near Dave Lyle Boulevard at the Interstate 77 interchange. Kismet Rock Hill, the previous owner of the hotel, had fielded 12 offers before settling on CN Hotels, according to spokespeople for the Miami-based Cushman and Wakefield, the real estate firm that arranged the sale. The sale was announced March 7. “This was a challenging deal as it required us to navigate multiple headwinds, including new hotel supply in the market,…
Published Date: 2024-03-14
Source: Post and Courier
Categories: Business, Hospitality, Hotels and Motels
