Q&C Hotel in New Orleans purchased for $51.2M

The KBS Strategic Opportunity real estate trust purchased the Q&C Hotel in New Orleans. The property is located in the city's central business district, and was bought for $51.2 million, the third acquisition of the hotel in two years.

KBS Strategic Opportunity purchased the hotel in a partnership with Dallas-based Encore Hospitality, and plans to rebrand the hotel under Marriott's Autograph Collection. The hotel was renovated last year by the Northview Hotel Group and Apollo Global Management, which bought the hotel in October 2013 to $20.8 million. The 102-year-old building was also purchased in the past by C-III Capital Partners from Warren Reuther Jr. for 12.5 million in January 2013.

Virtual Event

HOTEL OPTIMIZATION PART 2 | SEPTEMBER 10 & 24, 2020

Survival in these times is highly dependent on a hotel's ability to quickly adapt and pivot their business to meet the current needs of travelers and the surrounding community. Join us for Optimization Part 2 – a FREE virtual event – as we bring together top players in the industry to discuss alternative uses when occupancy is down, ways to boost F&B revenue, how to help your staff adjust to new challenges and more, in a series of panels focused on how you can regain profitability during this crisis.


The hotel was originally known as the Queen & Crescent, and reopened as the Q&C Hotel in late 2014. 

Suggested Articles

The Urban Park Hotel Collection is currently looking at hotels with 25 to 85 rooms, which will include both independent and franchise properties.

Teams working remotely or apart can use group video and real-time collaboration for mobile and desktop.

Travel needs to evolve with current e-commerce trends by moving forward with a stronger focus on the guest journey.