The Staybridge Suites hotel near the South Gates of LSU has been sold for $15,750,000.
HPT IHG-2 Properties Trust, a real estate investment trust, bought the 117-room hotel on Nicholson Drive from Red Stick Operating Company and Winnfield Long Enterprises, subsidiaries of UMB Financial Corporation, according to sales documents filed Friday.
The Bullfish Bar+Kitchen, a Caribbean-Louisiana fusion restaurant, is located in the hotel, which also features on outdoor pool, meeting rooms, business center and fitness center.
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