Finard Coventry Hotel Management of Boston has closed on its $16 million purchase of the historic Providence
Biltmore, a landmark 292-room hotel located in the heart of downtown Providence, Rhode Island.
The new ownership represents the next chapter for this storied property, originally constructed in 1922 and placed on the National Preservation Register. The Providence Biltmore, now affiliated with Preferred Hotels and Resorts, will remain open during a planned $10 million-plus renovation.
The new ownership represents the next chapter for this storied property, originally constructed in 1922 and placed on the National Preservation Register. The Providence Biltmore, now affiliated with Preferred Hotels and Resorts, will remain open during a planned $10 million-plus renovation.
"We are delighted to become stewards of this iconic hotel that is so
much a part of the fabric of the city," said Todd Finard, principal of
Finard Coventry Hotel Management. But it's not all about bricks and
mortar, Finard went on to explain, "It's the people that make the
Biltmore such a jewel...from the front desk to the bartenders to the
incredible back of the house team...that's the most valuable component
to this asset."
The Providence Biltmore comprises 292 guestrooms; 19,000 sq. ft. of
function space, including 18 meeting and banquet rooms and a rooftop
grand ballroom that is home to more than 75 weddings per year and many
notable events. Guests may also enjoy The Spa at The Providence
Biltmore, a luxurious spa retreat perfect for destination spa visits,
day-spa use, bridal services or simply as an escape after a day of
meetings. The hotel is home to McCormick and Schmick's Seafood
Restaurant and a Starbucks, located within the lobby. Other amenities
include business center, fitness center, WI-FI Internet access, in-room
cable TVs, and valet parking.
The Providence Biltmore is located at 11 Dorrance Street, Providence, Rhode Island 02903.
For more information about the hotel, visit www.providencebiltmore.com
