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Brokerage
Posted: June 27, 2013
Johnson & Wales University sells inn for $1.65 million
Johnson & Wales University has sold a Seekonk inn it owned and operated as an internship and training site for the past 30 years.
The Sarchi Group, which is based in Seekonk, purchased the Johnson & Wales Inn, and will operate it as the Hilltop Hotel & Conference Center effective immediately.
The sale price was $1.65 million, according to university spokesperson Madeline Parmenter.
Parmenter added that Johnson & Wales continues to own and operate the Radisson Hotel Providence Airport.
"As the university's first hotel internship property, the inn, purchased in the early 1980s, has played a significant role in JWU's history and has been an important venue to the local community," said Michael Downing, the university's vice president of auxiliary services said in a statement.
"We are pleased that under the new management of the Sarchi Group the doors will remain open to welcome guests and host special occasions in the years ahead," said Downing.
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