The 197-room Lafayette Yard Hotel & Conference Center in Trenton was purchased by Welcome Hotel Group LLC for $6 million.
According to the announcement, the hotel, located at 1 W. Lafayette St. in downtown Trenton, includes 11,000 square feet of meeting space. The buyer acquired the bankrupt hotel from Lafayette Yards Community Development Corporation at a public auction. Maryland-based hotel management firm Marshall Hotels and Resorts will lead rebranding efforts for the Lafayette.
Stay informed: Subscribe to free NJBIZ newsletters
Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.View Comment Policy