Rockbridge, the hotel investment and development firm, has acquired three luxury Hotel ZaZa properties in Texas. The properties include the Hotel ZaZa Austin Downtown, Hotel ZaZa Dallas Uptown and Hotel ZaZa Houston Museum District.
All the hotels are located in prime locations in urban, high barrier-to-entry markets with robust demand drivers.
“The ZaZa team has done a great job, creating unique hotel experiences for over 25 years,” said Jimmy Merkel, Rockbridge CEO and co-founder. “We are looking forward to bringing our vision and creativity to the ZaZa brand, building on what was started. Stay tuned as we execute our plan and create an exciting future for ZaZa.”
Hotel ZaZa Austin Downtown is located near Austin’s Central Business District, providing easy access to corporate offices, renowned dining and live music venues. The hotel offers 159 rooms, 6,840 square feet of meeting space, a fitness center, spa and a rooftop pool with a bar.
Hotel ZaZa Dallas Uptown is situated in the upscale Uptown District, a rapidly developing area with more than $1 billion in new projects. The property has 166 rooms, 5,528 square feet of meeting space, a restaurant, fitness center, spa and an outdoor pool.
Hotel ZaZa Houston Museum District is located near Houston’s Museum District, Rice University and the Texas Medical Center. The hotel consists of 315 rooms, 15,400 square feet of meeting space, a restaurant, fitness center, spa and an outdoor pool.
Rockbridge has been investing in, partnering with and creating opportunities in the hospitality and commercial real estate industries for over 25 years. The hospitality-centered investment firm has made more than 310 investments across 39 states worth over $11 billion in total capitalization and has more than $4.3 billion in assets under management.
