Hotel Announcements
Renovation14 August 2020

NYLO Las Colinas Hotel, Tapestry Collection by Hilton

Prism Hotels & Resorts Completes Renovation of NYLO Las Colinas Tapestry Collection by Hilton

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Dallas-based Prism Hotels & Resorts, an award-winning, full service hotel management, investment and advisory services company, announced today that  NYLO Las Colinas has completed extensive renovations that initially begun in early 2020. The completion of this notable renovation is another example of how the company has continued to drive results for owners across the portfolio, even amid a challenging global pandemic. Prism Hotels and Resorts' President and CEO Steve Van made the announcement.

Prism continues to work closely with the expertise of JF Capital Advisors, which serves as strategic advisor to the owner, and has been a vital partner through the conversion process. The unveiling of these stunning renovations are a testament to Prism's relentless pursuit of innovation and strong commitment to partnerships. During the global health crisis, the company has experienced zero corporate layoffs and has delivered notable financial results for its owners all while experiencing significant portfolio growth, as the greater hospitality industry copes with the pandemic.

NYLO Las Colinas remains aligned with its core of loft style guestrooms, unlike any other hotel in the greater-Irving area. With exposed brick, polished concrete, and industrial windows, the guestrooms gained all new furnishings including desks, night stands, platform beds with new Hilton mattresses, expanded closet space for added storage, lighting fixtures, stylish drapery, artwork, and 49" HDTV's in standard lofts. Each guestroom and suite bath received enhanced accents that include additional storage space under a chic European style white quartz vanity and a large round backlit mirror for optimal lighting. Each shower now features floor-to-ceiling white subway tile and continues to offer a towering opaque glass overlooking the bedroom area.

The hotel's restaurant, LOFT Restaurant & Bar, will be unveiling a new locally inspired menu in late 2020. LOFT also provides extremely flexible spaces for indoor and outdoor events. The hotel's 3,115 square foot Manhattan Ballroom received major structural acoustic upgrades to improve audio quality for large events. The ballroom can entertain up to 300 guests for reception and 220 for banquets.

Tapestry Collection by Hilton is a gathering of original hotels that offer authentic, unique experiences. Guests that visit Tapestry Collection hotels want to weave their own stories through travel, with the reassurance and peace of mind that come with the Hilton name and award-winning Hilton Honors program. For more information, visit newsroom.hilton.com/tapestry.

JF Capital Advisors was founded in April 2004 on the principle that a small team of experienced professionals could complete transactions more efficiently and expeditiously than larger firms, as well as offer dramatically improved services to the hotel transactions community. JF Capital is built on core strengths of experience, focus, and personal relationships, which, in combination, make difficult transactions possible and help large transactions proceed smoothly. JF Capital Advisors' principals have completed more than $30 billion of transactions in the hospitality industry in both advisory and principal investor capacities.

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Prism Hotels & Resorts

Founded in 1983, Prism Hotels & Resorts operates and invests in hotels ranging from luxury to premium-branded, focused-service segments, and is approved by all the major brand groups. Historically, about half the company’s portfolio is conventional, long-term contracts with the remainder distressed properties for lenders who have taken back hotel real estate.
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