DELMONTE HOTEL GROUP & ROCKBRIDGE PARTNER TO ACQUIRE COURTYARD PROVIDENCE DOWNTOWN

Providence, RI – April 15, 2024 – DelMonte Hotel Group, an award-winning hotel management and development company headquartered in Rochester, New York, and Rockbridge acquired the Courtyard Providence Downtown. Centrally located in downtown Providence, the Courtyard by Marriott property offers comfort and convenience situated steps away from Brown University, Johnson and Wales University, College Hill, PPAC and Amica Mutual Pavilion.

“We are thrilled to grow our partnership with Rockbridge with the acquisition of the Courtyard Providence Downtown. We have exciting plans for the hotel, which includes a top to bottom renovation of the asset,” said Alexander DelMonte, Chief Executive Officer and President of the DelMonte Hotel Group. “With over 50 years of hospitality experience, DHG has a proven track record, and we look forward to continuing our expansion into new markets.”

Consistently recognized as one of the top hotel management companies in the country, DelMonte Hotel Group continues to build an expanding portfolio that defines excellence. The group currently owns and operates across a multi-brand platform including Marriott and Hilton via a portfolio of exceptional properties throughout New York, Ohio, Pennsylvania, and Tennessee. The acquisition of Courtyard Providence Downtown marks the group’s first venture into Rhode Island as they continue to expand throughout the country.

The team plans to refresh this ideally situated property in the coming years while maintaining the comfort and quality service guests know and love.

“The Courtyard Providence is ideally located in the market. We are also excited about the full renovation, which will enhance the guest experience,” said Matt Welch, Managing Director, Rockbridge. “And we look forward to continuing our relationship with management partner, DelMonte Hotel Group.