The Procaccianti Group acquired the Tudor Hotel at the United Nations and the Holiday Inn SoHo Downtown Manhattan, both located in New York City, for an undisclosed amount.
Discussions are in the works for an $8 million to $10 million upgrade to the Tudor Hotel at the United Nations.
The 300-room Tudor Hotel at the United Nations offers space for groups of up to 120 people in its meeting rooms and the 227-room Holiday Inn Soho Downtown Manhattan has one meeting room for up to 30 people.
