Doyle Collection sells Back Bay Hotel in Boston to Loews Hotels

US-based Loews Hotels & Resorts has completed the acquisition of the 225-room Back Bay Hotel in Boston from Irish hotel group…

US-based Loews Hotels & Resorts has completed the acquisition of the 225-room Back Bay Hotel in Boston from Irish hotel group the Doyle Collection.

It has been converted to a Loews Hotels brand and the New York-based company said it would spend $8 million renovating the four-star property. The sale price was not disclosed. The Doyle Collection put the Boston hotel on the market late last year after receiving some unsolicited approaches. It is also selling two of its three properties in Washington DC - the Marriott Courtyard Hotel and the Normandy Hotel. The Back Bay is leased and had been operated by the Doyle Collection since 2004.

The group, controlled by the Doyle and Beatty families, plans to use the funds from the sales on bolstering its position in the London market.