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Partnership buys downtown Detroit hotel for Embassy Suites redevelopment

Joint venture plans conversion of former DoubleTree property
The 22-story hotel at 525 W. Lafayette Blvd. in downtown Detroit, originally built in 1917, is slated for renovation and rebrand following its acquisition by a three-company joint venture. (CoStar)
The 22-story hotel at 525 W. Lafayette Blvd. in downtown Detroit, originally built in 1917, is slated for renovation and rebrand following its acquisition by a three-company joint venture. (CoStar)
By Alex Collie with
CoStar Research
July 31, 2026 | 8:53 P.M.

A joint venture partnership acquired the DoubleTree Suites by Hilton in downtown Detroit for an undisclosed price.

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