Inland acquires Dallas hotel
OAK BROOK Inland American Lodging Group Inc., a subsidiary of Inland American Real Estate Trust Inc., announced today that it has acquired the former Westin City Center in Dallas for $50 million. Upon acquisition, the hotel was immediately converted into a full-service Marriott Hotel and is now known as the Dallas Marriott City Center. Marriott is managing the hotel under a new long-term agreement.
The has 407 guestrooms, including 25 suites, and about 25,000 square feet of meeting space and an 8,600-square-foot ballroom.
The hotel is part of the 1.2-million-square-foot Plaza of the Americas mixed-use complex, which also includes two office towers, upscale retail and fine dining. The hotel will undergo an extensive renovation including a complete remodeling of the guest rooms, the addition of a concierge lounge, creation of a state-of-the-art fitness facility overlooking downtown Dallas and extensive upgrades to the restaurant, lobby and meeting rooms.