Marriott Country Club Plaza in Kansas City acquired for $57M

The 19-story Marriott hotel near the Country Club Plaza in Kansas City was acquired for $57 million by a New York real estate investment firm.

The new owner, Carey Watermark Investors is planning interior and exterior renovations of the 295-room hotel.

The property will continue to operate under the Marriott flag and be managed by Interstate Hotels & Resorts. The seller was an affiliate of Noble Investment Group.

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Hotel Optimization Part 3 | January 27, 2021

With 2020 behind us and widespread vaccine distribution on the horizon, the second half of the new year is looking up, but for Q1 (and most likely well into Q2) we’re very much still in the thick of what has undeniably been the lowest point of the pandemic. What can you be doing now to power through and set yourself up for a prosperous 2021 and beyond? Join us at Part 3 of Hotel Optimization – A Virtual Event on January 27 from 10am – 1:05pm ET for expert panels focused on getting you back to profitability.

The full-service hotel opened in early 1987 and overlooks the Plaza shopping, office and entertainment district, and has 16,000 square feet of meeting space, three food and beverage operations and a fitness center, indoor pool and spa.