Knightstone Hotel Group Acquires 189-Room Courtyard by Marriott in Manhattan for U.S. Expansion Strategy
🏨 Knightstone Hotel Group, on July 24, 2026, acquired the 189-room Courtyard by Marriott New York Manhattan/Fifth Avenue, marking its second U.S. investment after the Sheraton Pentagon City Hotel in Arlington, Virginia, in September 2025. Both hotels are managed by HEI Hotels & Resorts. KHG plans significant renovations, focusing on enhancing value and performance in high-demand markets. The Midtown Manhattan hotel's proximity to key destinations bolsters its strategic appeal.
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