Development Pipeline Scheduled for Spring 2019

Graduate Providence

New Graduate Providence to open by spring 2019

AJ Capital Partners announced today it has acquired the Providence Biltmore Hotel in Providence, Rhode Island. The hotel will undergo a comprehensive renovation to covert to Graduate Providence by spring 2019. The 294-room hotel is located in downtown Providence near five universities: Brown University, Johnson & Wales, Rhode Island College, Providence College and Rhode Island School of Design. Situated in the geographic center of downtown Providence, the hotel boasts the most desirable location for lodging, proximate to the city"s healthcare hub, primary modes of transportation, 140,000-square-foot convention center and is within walking distance several restaurants, cultural venues, shops and galleries. Created for travelers who seek memory-making journeys, Graduate Hotels are part of a well-curated, thoughtfully crafted collection of hotels that reside in the most dynamic, university-anchored cities across the country. Every property celebrates and commemorates the optimistic energy of its community, while offering an extended retreat to places that often played host to the best days of our lives. Locations include Ann Arbor, Mi.; Athens, Ga.; Berkeley, Ca.; Charlottesville, Va.; Lincoln, Ne.; Madison, Wi.; Oxford, Ms.; Richmond, Va and Tempe, Az., as well as Bloomington, In.; Columbus, Oh.; Iowa City, Ia.; Minneapolis, Mn.; New Haven, Ct.; Seattle, Wa.; and New York City"s Roosevelt Island as part of the Cornell Tech campus are slated to open in 2018 and 2019. The renovation will touch all guestrooms, common areas, the hotel"s 18,500 square feet of flexible meeting and events space, and spa. 

Graduate Providence ......

Photo by AJ Capital Partners

Hotel Website
USA & Canada United States Rhode Island Providence

Acquired by Hilton in March 2024, Graduate Hotels is a collection of hand-crafted hotels that reside in dynamic university-anchored towns in the U.S. and U.K. Each hotel pays homage to the heritage of its unique town through cultural nods to the local community. Launched in 2014, there are currently more than 35 Graduate Hotels open or in the pipeline across the U.S. and the U.K.

AJ Capital Partners, based in Chicago, is an accomplished team of hospitality and real estate investors whose innate passion is to create a one-of-a kind portfolio of timeless assets. The counter-culture investors acquire, design and develop transformative real estate throughout the United States. In fall 2014, AJ Capital Partners launched the Graduate Hotels® collection.