Graduate Hotels, owned by Adventurous Journeys (AJ) Capital Partners,announced today that it has acquired the Macdonald Randolph Hotel in Oxford, England. This marks the second Graduate Hotelsproperty to launch outside of the United States, following the announcement inJuly 2019of the forthcoming Graduate Cambridge.Renovations will begin in fall 2020,and the 151-key hotel will openas Graduate Oxford, part of the Graduate Hotelscollection, in early spring2021.Additionally, AJ Capital acquired the Rusacks Hotel, from theMacdonald Hotels & Resorts portfolio, in St Andrews, Scotland. Created for travelers who seek memory-making journeys, Graduate Hotelsis a thoughtfully crafted collection of hotels that reside in the most dynamic university-anchored cities. Each property celebrates and commemorates the optimistic energy of its community while offering an extended retreat to places that often play host tothe best days of our lives. Founded by CEO Ben Weprin in 2014, Graduate Hotelscurrently has 21 open and operating hotels in towns across the U.S., including Athens, Georgia; Ann Arbor, Michigan; Berkeley, California; Providence, Rhode Island; and Seattle, Washington, amongst others.Anadditional 12 properties are under development and slated to open by the end of 2021.Positioned in the cultural epicenter of the city, Graduate Oxfordwill besurrounded by the University of Oxfordand its iconic colleges, including Trinity and St. John's. The hotel is in close proximity to the bustling St. Giles Streetand a diverse range of restaurants, barsand shopping,as well asthe world-famous Radcliffe Cameraand Ashmolean Museum of Art and Archaeology. Dating back to 1096, the University of Oxford is the oldest university in the English-speaking world, with rich historical, architectural and cultural attractions for guests and locals alike. Situated 60 miles west of London, Oxford offers visitors a variety of transportation options to and from major airports and cities throughout England.
The design ofGraduate Oxford will take inspiration from thecenturies of University of Oxford history and tradition,paying homage to storied creators, innovators and notable alumni throughout. Guests can expect intricate architectural details complemented with spirited hues and bold fabrics that tell the stories of Oxford's remarkable past. The hotel will undergo comprehensive interior and exterior renovations that will include all guest rooms, the lobby and common spaces. For more information on the Macdonald Randolph Hotel, please visit macdonaldhotels.com. For more information on Graduate Hotels, please visit graduatehotels.com.