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The Penn State Board of Trustees approved a ground lease for The Nittany Lion Inn with the Scholar Hotel Group in June 2022. Scholar Hotel group also owns Hyatt Place State College, Scholar Hotel State College, Residence Inn by Marriott State College and Courtyard by Marriott State College.
Brandeis’ face should be a familiar one around State College. His company opened the 165-room Hyatt Place State College, the anchor of Fraser Centre, in March 2017.
Scholar Hotel Group, founded by a PSU alum, recently purchased two Marriott properties in the State College area. Company negotiating with Penn State for campus hotels buys 2 more in Happy Valley ...
Hyatt has expanded its footprint through a number of acquisitions, including the acquisition of AmeriSuites (later rebranded Hyatt Place) in 2004, Summerfield Suites (later rebranded Hyatt House) in 2005, Two Roads Hospitality in 2018, Apple Leisure Group in 2021, Dream Hotel Group in 2023 and Standard International in 2024.
The chain has purchased several historic buildings for renovation as hotels. [12] [13] Historic buildings that the chain has renovated into hotels include the Union Market in St. Louis (originally built in 1925), [14] the former Cleveland Board of Education building in Cleveland (originally built in 1931) [15] the former City Public Service Building (originally built in 1921) [16] and the ...
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