Savara Hospitality and Piedmont Capital are pleased to announce the acquisition of Blowing Rock Inn located in Blowing Rock, North Carolina.
The property was purchased by a joint venture between Fairfax, Virginia based Savara Hospitality Inc. and Charlotte, North Carolina based Piedmont Capital RE, LLC.
Blowing Rock Inn, situated in the heart of Downtown Blowing Rock, features twenty charmingly appointed guest rooms, four spacious villa-style suites, and an exclusive two-bedroom suite. Conveniently situated on Main Street, the inn is within walking distance to the town’s vibrant shopping, dining, and outdoor adventure offerings, as well as driving distance to the Blue Ridge Parkway and the High Country’s most popular attractions.
“We are proud to welcome Blowing Rock Inn to Savara Hospitality’s portfolio of boutique hotels. In the spirit of timeless hospitality, we look forward to curating moments for our guests that weave into the fabric of this property’s rustic charm. The High Country offers a wealth of experiences for visitors, and we are ecstatic about partnering with Piedmont Capital to complete this acquisition in one of North Carolina’s premier destinations,” stated Vishal Savani, Managing Director of Savara Hospitality.
William Hodges, Founding Partner of Piedmont Capital, added “The Blowing Rock Inn is a landmark property in downtown Blowing Rock and a perfect complement to Piedmont Capital’s growing hospitality portfolio. We are excited to grow our presence in the market as well as expand our partnership with Savara Hospitality.”
Savara Hospitality operates a portfolio of unique upscale hotels in Virginia and North Carolina, including Blowing Rock’s Meadowbrook Inn, Mountainaire Inn & Log Cabins and Azalea Garden Inn, which are all located just steps away from Blowing Rock Inn. Savara Hospitality will be operating Blowing Rock Inn following the acquisition.
About Savara Hospitality
Savara Hospitality owns, operates, and provides hospitality management and consulting services to historic and boutique hotels and inns in urban and vacation destinations throughout the mid-Atlantic region. Featuring a portfolio of independent hotels that boldly express their individuality, Savara Hospitality utilizes a customized, hand-on approach to ensuring that each property in its portfolio finds its way to thrive. Savara Hospitality’s hotels and inns have received countless accolades for their attention to design and unwavering commitment to service. For more information, visit www.savarahospitality.com.
About Piedmont Capital
Founded in 2021, Piedmont Capital is a Charlotte-based real estate investment firm focused on core plus and value-add retail, office, and hospitality assets throughout the Carolinas.
Blowing Rock, NC (January 18, 2024)
