Linchris Hotel Corporation Announces Acquisition of Radisson Hotel Plymouth Harbor
Renamed Hotel 1620, year-round property to remain open and undergo $5.7 million renovation.
November 19, 2015
Renamed Hotel 1620, year-round property to remain open and undergo $5.7 million renovation.
Linchris Hotel Corporation, a hotel management company located in Hanover, MA, today announced the acquisition of the Radisson Hotel Plymouth Harbor in Plymouth, MA for an undisclosed amount. Renamed Hotel 1620 at Plymouth Harbor, after the year the Pilgrims landed at Plymouth Rock aboard the Mayflower. The 175-room full-service hotel will remain open year round. Linchris will take over operation of the hotel and oversee a $5.7 million renovation.
“We are excited to breathe new life into this property which has great potential,” said Christopher Gistis, CEO of Linchris Hotel Corporation and longtime local resident. “The hotel’s ideal location provides the perfect vantage point from which to explore Plymouth’s picturesque harbor, rich history, cultural attractions, incredible shopping, and bustling downtown.”
According to Gistis, he is thrilled to own a hotel so close to his home in Plymouth and just 20 minutes away from Linchris Corporate headquarters. Significant improvements are planned under the new ownership which include transforming the hotel’s interior and exterior design. Upon completion, Hotel 1620 will reemerge as an anchor of the harbor and Plymouth’s premiere full-service hotel with first-class accommodations, exemplary guest services and contemporary amenities.
Hotel 1620 offers a desirable location in the heart of “America’s Hometown,” across the street from Plymouth’s harbor and within walking distance to all popular attractions. The hotel offers comfortable accommodations, restaurant and bar, an indoor pool, business and fitness centers, complimentary WIFI and ample parking. Featuring 15,000 sq. ft. of banquet and meeting space for groups, corporate events and weddings up to 350 people, the hotel’s function facilities are the largest in the area.
Brian Anderson has been named General Manager of the hotel. CIII served as the brokers for the sale. Financing was provided by Washington Trust.
Founded in 1985, Linchris Hotel Corporation currently owns and manages 35 hotels and has a significant regional presence. Among its 10 properties in Massachusetts are the Hilton Garden Inn in Plymouth, Holiday Inn in nearby Rockland, and three hotels on Cape Cod.
For more information about Hotel 1620 at Plymouth Harbor and to make a reservation, visit www.hotel1620.com or call 508.747.4900. Hotel 1620 is located at 180 Water Street, Plymouth, Massachusetts.
About Linchris Hotel Corporation
Built on the premise that good service is paramount to the financial success of any hotel, Linchris Hotel Corporation is a growing, full and limited-service hotel management company with an outstanding reputation for high quality and first-rate service in hotel property management and the hospitality industry. Linchris Hotel Corporation has a proven track record for consistently adding value to the hotel properties under its management, which allows them to achieve the highest hospitality industry standards and top performance ratings from guests and hotel industry critics alike. linchris.com