StonePark Capital Acquires The Waterman Hotel in Santa Barbara, California ...Middle East

hospitality net - Cultural
StonePark Capital Acquires The Waterman Hotel in Santa Barbara, California
source : hospitality net ( Middle East ) () 53
StonePark Capital is pleased to announce the recent acquisition of The Waterman, a 31-room hotel, located in the Funk Zone neighborhood of Santa Barbara, California, at 12 E. Montecito Street. Built in 2014, The Waterman has been a welcome addition to the region, offering visitors a unique lifestyle hospitality option. The property features stylishly fun guest rooms and lively common areas, including a swimming pool and an outdoor gathering area directly on State Street. Midway through a transition from an independently branded hotel, The Waterman will join Moxy Hotels, part of Marriott Bonvoy's portfolio of 30 extraordinary brands. This transition will take approximately 12 months as the St

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