Paso Robles News|Thursday, July 29, 2021
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SpringHill Suites in Atascadero sells for $25 million 

From Rebusiness Online

–A Korean investment firm recently acquired the 130-room SpringHill Suites Paso Robles Atascadero in Central California for $25 million, according to a report by Rebusiness Online The hotel is located at 900 El Camino Real in the Paso Robles wine region.

The four-story property opened in 2015. This is the new owner’s second U.S. investment. The group was attracted to the hotel’s location near the Central Coast and the emerging Paso Robles wine industry.

Hunter Hotel Advisors represented the seller, an affiliate of J Street Hospitality, in this transaction.

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The news staff of the Paso Robles Daily News wrote or edited this story from local contributors and press releases. The news staff can be reached at info@pasoroblesdailynews.com.