NewcrestImage Announces Acquisition of The Hotel Zags

DALLAS, Texas—NewcrestImage announced its acquisition of a luxury lifestyle boutique property, The Hotel Zags, in downtown Portland, Oregon. The property, which includes 174 guestrooms, will be managed in-house by the company. “This hotel continues to build our portfolio through both geographic and segment diversification,” said Mehul Patel, managing partner of NewcrestImage. “It also demonstrates our corporate commitment to acquisition as a core growth strategy.” Onsite, a casual restaurant, PLS on Sixth, offers American comfort food […]

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