May 5, 2016
Wurzak Hotel Group, associate acquire Hyatt Place KOP
Source: The Philadelphia Inquirer Jacob Adelman
Philadelphia- and Fort Lauderdale, Fla.-based Wurzak Hotel Group and an associated real estate investment firm have acquired the Hyatt Place King of Prussia hotel, the companies said in a release Wednesday.
Wurzak development director Jake Wurzak said the price was $13 million.
Wurzak and DoveHill Holdings will spend more than $1 million on significant upgrades to the lobby, bar, fitness center, and guest rooms of the 129-room hotel at 440 American Ave., north of the King of Prussia Mall, Wurzak said.
The six-year-old hotel’s previous owner was an affiliate of Hersha Hospitality Trust of Philadelphia and Harrisburg, according to records on Montgomery County’s website.
Related Posts
Nov 3, 2025
News
Dick’s House of Sport planned for King of Prussia Mall
Oct 30, 2025
District News
KOP District Initiative
Regional & Local Trails Provide a Step Toward a More Connected Upper Merion
Oct 30, 2025
District News
KOP District Initiative
King of Prussia District Awarded William Penn Foundation Grant for Valley Forge Trail Partnership
Oct 29, 2025
District News
KOP District Initiative
UMT/KOP Housing Market Remains Strong & Competitive
Oct 28, 2025
District News
KOP District Initiative
Honoring Upper Merion Township’s First Responders
Oct 28, 2025
Press Release
Valley Forge Casino Resort and Charles Barkley Announce Plans for New Steakhouse and Cigar Lounge
Oct 24, 2025
News
KOP District Initiative
King of Prussia is getting a 1.8-acre park that will join its growing trail system
Oct 23, 2025
News
KOP District Initiative
King of Prussia District Breaks Ground on Recharge Park: A Bold New Public Space Along First Avenue
Oct 23, 2025
News
Level99 to bring massive entertainment venue to King of Prussia Mall’s former JCPenney space
Oct 22, 2025
News