District Hospitality Partners Acquires Westin Annapolis Hotel For $51M

District Hospitality Partners, led by former Naval Academy midshipman Fred W. Malek, has acquired the Westin Annapolis hotel for $51 million. The hotel is located at 100 Westgate Circle in Annapolis, MD. This transaction marks a significant investment in the hospitality sector in Annapolis.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $51,000,000
• Address: 100 Westgate Circle, Annapolis, MD
• Market: Annapolis, MD
• Buyer: District Hospitality Partners - Fred W. Malek
• Seller: Crescent Real Estate

Fred W. Malek, a former Naval Academy midshipman, played a key role in the acquisition of the Westin Annapolis hotel. District Hospitality Partners, led by Malek, recognized the potential of the property and its strategic location in Annapolis. This acquisition demonstrates Malek's commitment to investing in the hospitality industry and his confidence in the Annapolis market.