Daly Seven acquires Virginia Hilton Garden Inn for $13.9M

The 117-room Hilton Garden Inn Roanoke features 2,500 square feet of meeting space, a fitness center, an indoor swimming pool and on-site dining. Photo credit: Hilton

Daly Seven has acquired its 40th hotel, the 117-room Hilton Garden Inn Roanoke (Va.). The hotel development and management company bought the 80,000-square-foot hotel from South Peak Hotel for $13,925,000.

"We are proud to expand our overall footprint in the Roanoke market, and believe that the Hilton Garden Inn's upscale design and large meeting space allows us to access a new client base within the area," Bob Daly, chairman of the board for Daly Seven, said in a statement. The hotel marks the fourth Hilton Garden Inn in the company’s portfolio.

Hilton Garden Inn Roanoke features three meeting rooms and a boardroom for a total of 2,500 square feet of flexible function space. It also features a fitness center, an indoor swimming pool, a complimentary business center and on-site dining.

Virtual Event

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.

Daly Seven first began operating hotels in the Roanoke area in 1988. Today, it also operates the Fairfield Inn by Marriott Roanoke Hollins/I-81 in northeast Roanoke. The company’s newest hotel is located near Roanoke County’s primary business corridor, just a short drive from downtown Roanoke and the Roanoke/Blacksburg Regional Airport.

"We have continued to see Roanoke's potential for growth, both in the medical-research sector and as a tourism destination, and expect to see further development in these areas in the years to come,” Daly said. "The Hilton Garden Inn's location, within 3 miles of the Blue Ridge Parkway and Carilleon Clinic Memorial Hospital, will allow Daly Seven to tap into these growing markets."

Founded more than 40 years ago, Daly Seven is a family-owned business with locations in Virginia, North Carolina and South Carolina. It has operated hotels for Hilton, Marriott International, IHG, Hyatt Hotels Corporation and Best Western Hotels & Resorts.