HEI Hotels & Resorts has purchased a joint ownership in Boston’s Liberty Hotel and has made it part of Starwood’s Luxury Collection.
In a joint venture with Cambridge, Mass.-based Carpenter & Co. (the original hotel developer and co-owner of the project) HEI acquired the ownership interest for an undisclosed amount from Multi-Employer Hotel Partners.
HEI is managing the unique 300-room property that was developed in an abandoned jail at the foot of Beacon Hill.