Highline Hospitality Partners Acquires Dual-Branded AC Hotel and Element San Antonio Riverwalk

Highline Hospitality Partners (“HHP”), the hospitality investment platform launched by Highline Real Estate Partners, today announced the acquisition of the dual-branded AC Hotel San Antonio Riverwalk and Element San Antonio Riverwalk. The transaction marks HHP’s 20th and 21st hotel acquisitions and its fourth and fifth hotels acquired this year, after having acquired the Pittsburgh Marriott North in February as well as both the Hilton DFW Lakes Executive Conference Center and Westin Poinsett Greenville in March.

Originally constructed as an office building in 1983, the property underwent a comprehensive adaptive reuse redevelopment between 2019 and 2022, which converted the property into a dual-branded hotel operating under the AC and Element flags, both of which fall within the Marriott brand family. Located on floors 13-20, the AC features 181 generously sized and well-appointed guestrooms with modern décor and elegant design, whereas the Element (located on floors 7-12) features 162 oversized, extended-stay guestrooms complete with a full-service kitchenette and sleeper sofa.

The hotel features two full-service F&B outlets, highlighted by 1Watson, a rooftop restaurant and bar on the 15th floor which, as of August 2026, is ranked #1 on TripAdvisor for restaurants in San Antonio. Additionally, the hotel features 4k SF of flexible meeting space, a fitness center, a business center, 60k SF of office space on floors 3-6, and 3k SF of ground-floor retail space.

With this acquisition, HHP now owns a portfolio of 21 hotels comprising over 5,500 guestrooms and ~$1.7 billion in hospitality assets under management. In addition, the firm provides third-party asset management services for four additional hotels on behalf of an institutional ownership group, bringing the total number of hospitality properties overseen by HHP to 25.

HHP has engaged Avion Hospitality to manage the hotel, marking another strategic partnership between the two firms. Avion brings deep operational expertise and a strong track record in hospitality management, supporting HHP’s focus on operational excellence and long-term value creation.

We are pleased to add the AC and Element San Antonio Riverwalk to our portfolio and to expand our relationship with Avion. The hotels have been institutionally maintained and are in like-new condition thanks to the recent, extensive renovation, and we are excited to both acquire a high-quality asset and enter the San Antonio hospitality market

Chuck Pomerantz, Managing Partner of HHP

The hotels benefit from their strategic location in San Antonio, steps from the Riverwalk in the growing Riverwalk West submarket. We look forward to being part of the local community and are very excited to partner with other like-minded groups as the full vision of the Riverwalk West submarket continues to come to life

Jordan Scheiman, Managing Director of HHP

The hotel is located at 111 Soledad St., San Antonio, TX 78205.