(Indianapolis, Indiana) February 13, 2018 – Encore Hospitality, LLC is pleased to announce that it has recently purchased Embassy Suites Indianapolis North. The 221-suite hotel originally opened in 1985 and underwent extensive renovations from 2016 through the spring of 2017, encompassing the atrium, lobby, business center, guest rooms, and meeting space.

“We are excited to add this Embassy Suites to our expanding portfolio of hotels,” said Dr. Bharat Sangani, Chairman of Encore Enterprises, Inc. “We feel very confident in its ability to perform, particularly as it is the only full-service service hotel in the Fortune Park Executive Center.”

Located less than 12 miles from both downtown Indianapolis and the Indianapolis Motor Speedway, the Embassy Suites is favorably situated in the Fortune Park business district, home to nearly 1.7 million square feet of office space. The hotel is also within three miles of St. Vincent Indianapolis Hospital, the flagship facility for Indianapolis’ largest private employer with 909 beds.

“With its recent $7 million upgrades, there is no room for doubt that the Embassy Suites is the preeminent hotel in this region,” stated Glenn Pedersen, President of Encore Hospitality.

About Encore Hospitality, LLC – Encore Hospitality, LLC is a subsidiary of Encore Enterprises, Inc., and was founded in 1999 as a fully integrated, hospitality acquisition, development and asset management company focusing on the upper mid-priced, nationally branded select-service and full-service hotel sector. For more information about Encore Hospitality, LLC, visit www.encore.bz, or call (214) 259-7000.

About Encore Enterprises, Inc. – Encore Enterprises, Inc. is a privately owned national real estate company founded in 1999 with corporate headquarters in Dallas, Texas. Encore develops, acquires, and manages hotels, multi-family communities, retail shopping centers, commercial offices, and public-private mixed-use developments. For more information about Encore Enterprises, Inc., visit www.encore.bz, or call (214) 259-7000.