FelCor Dallas Love Field Owner sold the Embassy Suites by Hilton Dallas Love Field to Scenic Capital Advisors, in a transaction led by Kami Burnette, senior vice president, at Hunter Hotel Advisors. The property is a 248-room, institutional-quality, full-service hotel located adjacent to Dallas Love Field Airport.
The eight-story hotel has 248 suites designed to serve both business and extended-stay travelers, with separate living and sleeping areas, flexible workspaces and in-room amenities including a mini-refrigerator and microwave. The property also has 4,400 square feet of meeting space across seven meeting rooms, a full-service restaurant and bar, complimentary made-to-order breakfast and evening reception, an indoor pool, fitness center and business center.
“The Embassy Suites at Love Field is a high-quality asset and marks our seventh acquisition in Texas in the past four years,” Thomas Chen, principal at Scenic Capital Advisors, said in a statement. “We look forward to completing a comprehensive renovation and repositioning the hotel to capture future growth within the Love Field submarket.”
Positioned adjacent to Dallas Love Field Airport, the hotel benefits from consistent demand driven by air travel, corporate activity, healthcare and education. The property’s proximity to the Southwestern Medical District, one of the region’s largest healthcare hubs, along with major employers and institutional demand generators, supports year-round occupancy.
“Investors continue to place significant value on assets that offer yield, stability and long-term growth in submarkets with strong fundamentals,” said Burnette. “The Embassy Suites Dallas Love Field combines durable demand drivers, a proven operating history, and a premier Hilton brand within a high barrier airport submarket.”