Frontera adds two hotels to managed portfolio
Tuesday, July 02, 2014 – FRONTERA HOTEL GROUP of Dallas, Texas, has added two hotels to its portfolio of managed properties.
Led by Peter Bheda, president and CEO, Frontera has agreed to operate an 88-room La Quinta Inn & Suites and a 92-room Holiday Inn Express & Suites. Both properties are in Denton, Texas, and are owned by Angel Hospitality of Frisco, Texas, which acquired the hotels Monday. Both hotels had undergone extensive renovations prior to the real estate closings.
Bheda notes that Frontera is continuing to seek additional management agreements as well as acquiring its own hotels in the midscale and upscale limited-service segments.
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