OTH Hotels Resorts Expands Southern U.S. Portfolio with Two Hotels in Kentucky and North Carolina

WILLIAMSBURG, VA – OTH Hotels Resorts (OTH), a leading hospitality management company specializing in lifestyle, full-service and select-service hotels, today announced the addition of two new hotels to its growing national portfolio. Located in Kentucky and North Carolina, the Capital Plaza Hotel and Four Points by Sheraton Greensboro Airport collectively add 275 guestrooms to the company's portfolio and further strengthen its presence in the Southern United States.

Situated in the heart of downtown Frankfort near Kentucky State University, the State Capitol and the renowned Buffalo Trace Distillery, Capital Plaza Hotel is a historic 10-story property originally developed in 1983 by former Kentucky Governor Wallace Wilkinson. Listed on the National Register of Historic Places in 2024, the hotel is distinguished by its New Formalist architecture and its formidable role in the city's urban development.

In early 2027, the property is slated to complete an extensive renovation and rebranding, emerging as The Franklin Hotel. The transformation will introduce 163 redesigned guestrooms, refreshed public spaces and an all-new restaurant concept. The renovation will blend contemporary design and modern amenities with the property's architectural heritage, preserving the distinctive New Formalist elements of its exterior while creating an elevated guest experience.

We are incredibly excited to oversee the transformation and introduction of The Franklin Hotel to the Frankfort market. With a new identity, thoughtfully redesigned interiors and OTH's hands-on management approach, we see tremendous opportunity to enhance the guest experience and drive stronger performance for this landmark property.

Scott McMahon, chief development officer of OTH Hotels Resorts

Also joining OTH's portfolio is the 112-room Four Points by Sheraton Greensboro Airport, a full-service hotel conveniently located near First Horizon Coliseum, North Carolina A&T State University and the area's best dining, entertainment, and attractions. The hotel features contemporary guestrooms, an onsite restaurant and bar, fitness center, heated outdoor pool and 1,184 square feet of meeting and event space. The property participates in Marriott Bonvoy®, Marriott International's global travel program, offering members access to exclusive experiences and benefits across its portfolio of hotel brands.

OTH Hotels Resorts will oversee all aspects of operations at both properties, including staffing, revenue management, sales and marketing, food and beverage, guest experience and overall asset performance.

The additions underscore OTH's continued strategic expansion across the United States, building on recent portfolio growth in New York, Pennsylvania, Ohio, Maryland and New Jersey, as well as the company's entry into the West Coast market with the addition of Hotel Clark in downtown Los Angeles.

For more information, visit othhotelsresorts.com.

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Rana Kay

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