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NEWS | Laurus Corporation Acquires Hilton Hotel in Kansas City

 
- Laurus Corporation, a U.S.-based private real estate investment and development firm, announced that it has acquired the Hilton Kansas City Airport hotel in Kansas City, MO. The Hilton Kansas City Airport includes 347 guest rooms and suites, and provides 21,000 square feet of meeting space options in the Kansas City airport submarket.
The property is strategically located fronting the well-traveled Interstate 29 and is less than five minutes from Kansas City International Airport, the second busiest airport in the state serving approximately 10.4 million travelers annually. The hotel is surrounded by more than 6 million square feet of office space, in addition to Fortune 500 companies, including General Motors, Ford Motors, Harley-Davidson, Toyota and Sony. It is also close to a wealth of shopping, dining, golf and entertainment activities, including NASCAR at the Kansas City Speedway, The College Basketball Experience, Kansas City Zoo, Sprint Center, Power & Light District and the World War I Liberty Memorial. (Photo: http://photos.prnewswire.com/prnh/20121226/LA34586) (Logo: http://photos.prnewswire.com/prnh/20061212/LAURUSLOGO) “This is Laurus’ second closing on a Hilton property in the past week and completes our sixth acquisition for 2012,” said Andres Szita, Chairman and Co-founder of Laurus Corporation. “Both the Hiltons offer investors quality full-service hotels in markets that have experienced significant RevPar growth over the past 12 months.”
 

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