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Comfort Inn in the CBD Sells, Plans to Renovate and Rebrand

The Comfort Inn in the CBD has sold to New Orleans Hotel Equity. The developer, who has ties to Connecticut's New Castle Hotels and Resorts, purchased the 103 room property for $9M just last week on January 15. They will then spend an additional $10M to renovate and rebrand the hotel and are expected to unveil the newly styled property in the spring of 2016.
· Family sells third CBD hotel within a year [NOLA City Business]
· Sold! [Curbed NOLA]