{"id":36314,"date":"2023-05-16T09:48:55","date_gmt":"2023-05-16T13:48:55","guid":{"rendered":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/?p=36314"},"modified":"2023-05-16T09:48:55","modified_gmt":"2023-05-16T13:48:55","slug":"owners-of-the-george-hotel-are-seeking-to-make-it-a-part-of-the-laquinta-chain","status":"publish","type":"post","link":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2023\/05\/owners-of-the-george-hotel-are-seeking-to-make-it-a-part-of-the-laquinta-chain\/","title":{"rendered":"Owners Of The George Hotel Are Seeking To Make It A Part of The LaQuinta Chain"},"content":{"rendered":"<figure id=\"attachment_36315\" aria-describedby=\"caption-attachment-36315\" style=\"width: 972px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-36315\" src=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2023\/05\/the-george-hotel-h.jpg\" alt=\"\" width=\"972\" height=\"648\" srcset=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2023\/05\/the-george-hotel-h.jpg 972w, https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2023\/05\/the-george-hotel-h-300x200.jpg 300w, https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2023\/05\/the-george-hotel-h-768x512.jpg 768w\" sizes=\"auto, (max-width: 972px) 100vw, 972px\" \/><figcaption id=\"caption-attachment-36315\" class=\"wp-caption-text\">Rudra Management is seeking approval for exterior changes to the George Hotel.<br \/>Courtesy The George<\/figcaption><\/figure>\n<p>By Paul Post<\/p>\n<p>The George Hotel, which reopened last July after a lengthy closure, is expected to look considerably different with a new name this summer.<\/p>\n<p><span class=\"Apple-converted-space\">\u00a0<\/span>Cheektowaga-based Rudra Management is seeking Queensbury town Planning Board approval for exterior changes needed to join the LaQuinta hotel chain, by Wyndham.<\/p>\n<p><span class=\"Apple-converted-space\">\u00a0<\/span>\u201cWe want to make fa\u00e7ade improvements, give it fresh paint and build an accent tower,\u201d co-owner Jay Patel said. \u201cOnce that work is completed we would be branding it as LaQuita.\u201d<\/p>\n<p><span class=\"Apple-converted-space\">\u00a0<\/span>The four-story, 98-room hotel is owned by 1533 Queensbury LLC, a real estate holding company affiliated with Patel and his Rudra Management firm, which bought the five-acre site for $6.5 million in February 2022.<\/p>\n<p><span class=\"Apple-converted-space\">\u00a0<\/span>It was previously operated as Comfort Suites, but ran into financial trouble and was closed for two years. The new owners spent a great deal of money bringing the hotel back to life with extensive renovations.<\/p>\n<p><span class=\"Apple-converted-space\"><span class=\"s1\"><span class=\"s2\"><!--more--><\/span><\/span>\u00a0<\/span>It\u2019s located at 1533 Route 9 adjacent to Lumberjack Pass Miniature Golf, just north of the intersection of routes 9 and 149.<\/p>\n<p><span class=\"Apple-converted-space\">\u00a0<\/span>\u201cLaQuita does really well in the leisure market,\u201d Patel said. \u201cIt\u2019s one of the popular brands among many other hotel companies by Wyndham.\u201d<\/p>\n<p><span class=\"Apple-converted-space\">\u00a0<\/span>He said Rudra Management owns 52 hotels, primarily in Western and Central New York. He owns the company with his brother, Raj, and various family members have interests in different hotels.<\/p>\n<p><span class=\"Apple-converted-space\">\u00a0<\/span>\u201cWe\u2019ve always had an interest in Lake George,\u201d Patel said. \u201cIt\u2019s a seasonal leisure market.\u201d<\/p>\n<p>After purchasing The George, Rudra Management also bought the Clarion Inn &amp; Suites at the Outlets of Lake George, from owner-operators Dave Kenny and his daughter, Laura Kohls, for $6.4 million last October.<\/p>\n<p><span class=\"Apple-converted-space\">\u00a0<\/span>The Clarion is located about a half-mile south from The George, at 1454 Route 9, behind a Starbucks store across from French Mountain Commons.<\/p>\n<p><span class=\"Apple-converted-space\">\u00a0<\/span>Patel said The George, which has an indoor pool, kiddie pool and jacuzzi rooms, has a slightly higher price point.<\/p>\n<p><span class=\"Apple-converted-space\">\u00a0<\/span>\u201cWe felt we could be more efficient with two hotels,\u201d Patel said. \u201cBoth properties have potential. The Clarion is in great shape, but needs upgrades, which are planned for 2024. We\u2019re committed to doing a sizeable renovation.\u201d<\/p>\n<p><span class=\"Apple-converted-space\">\u00a0<\/span>Exact plans haven\u2019t been determined, but the firm will be hiring a consultant to assist with the makeover.<\/p>\n<p>The company website says Rudra Hotel &amp; Property Management\u2019s hotel portfolio includes IHG, Hilton, Wyndham Hotel Group, Choice Hotels Group and Best Western International. In addition to upstate New York, the website says Rudra owns hotels in Baltimore and Rome, Georgia.<\/p>\n<p><span class=\"Apple-converted-space\">\u00a0<\/span>\u201cA perfectly balanced portfolio of new build hotels, along with a mix of acquired limited service properties with \u2018turnaround opportunities\u2019 continues to show our consistent growth pattern in a highly competitive marketed industry,\u201d it says. \u201cAn important facet of our company is the ability to be developers of our own properties assisting in the identification of future endeavors.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Paul Post The George Hotel, which reopened last July after a lengthy closure, is expected to look considerably different with a new name this summer. \u00a0Cheektowaga-based Rudra Management is seeking Queensbury town Planning Board approval for exterior changes needed to join the LaQuinta hotel chain, by Wyndham. \u00a0\u201cWe want to make fa\u00e7ade improvements, give [&hellip;]<\/p>\n","protected":false},"author":89,"featured_media":36315,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-36314","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - 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