IRVING, Texas
The Buccini/Pollin Group acquired the 302-room Sheraton DFW Airport Hotel for $46 million. PM Hotel Group, a national hotel management company based in Washington, D.C., will operate the hotel.
“The Sheraton DFW Airport Hotel marks our 7,600th room either developed or acquired since our inception in 1993,” said Dave Pollin, co-founder, BPG. “The Dallas/Fort Worth marketplace continues to hold great interest for us as we further expand our portfolio of full-service hotels in markets with high barriers to entry."
Located within minutes of DFW Airport at 4440 West John Carpenter Freeway, the recently renovated hotel is near such attractions as the Texas Motor Speedway, Six Flags Over Texas and AT&T Stadium.
The hotel underwent an extensive $7 million upgrade to its lobby, including a new signature lobby lounge experience, guest rooms, an expanded and redesigned Club Lounge, and all function rooms. Guests can enjoy complimentary internet access and the Sheraton Signature Sleep Experience in a spacious setting.
The hotel is equipped with 25,000 square feet of meeting space, a fitness center and an outdoor pool.