NewcrestImage has acquired a Marriott hotel located at 1020 Lake Front Cir in Houston. The hotel is part of a national portfolio of 45 hotels, totaling approximately 3,300 rooms, that NewcrestImage has acquired. The properties are spread across 11 states.

Summary of transation details

• Property Type: Hotel
• Transaction Amount: Not mentioned

In this deal, NewcrestImage, a prominent player in the hospitality industry, has expanded its portfolio with the acquisition of the Marriott hotel in Houston. The acquisition of this hotel is part of NewcrestImage's larger strategy to grow its presence in the hotel industry across the United States.