The Four Points by Sheraton hotel in Columbus has been sold to Columbus-based hotel and food management company Valley Hospitality.
And now, the hotel is operating under the name The Columbus Airport Hotel — at least for the time being.
Ocean Properties Ltd. sold the property to Valley Hospitality for an undisclosed amount at the beginning of February, said Richard Ade, chief financial officer of Ocean Properties.
"It was better suited to someone who had a a number of properties in the area," Ade said. "It was a better fit for Valley Hospitality."
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The Four Points by Sheraton was the only hotel Ocean Properties owned in Georgia. The company is headquartered in New Hampshire and Florida and has about 100 hotels and resorts across the country, with a heavy concentration in Florida and the Northeast. It operates under several different hotel brands, including the Marriott, Holiday Inn, Westin and Hilton.
Calls to Valley Hospitality were directed to owner Jack Pezold, who did not return any calls.
In Columbus, Valley Hospitality owns the Marriott, Houlihan's Restaurant, Hampton Inn and the Cannon Brew Pub. It also owns Hampton Inn in LaGrange and two Econo Lodges at Fort Benning and Fort Rucker.
Read more about this story in Monday's Ledger-Enquirer.