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Hotelier bags NYLO hotel in North Texas office hub

NewcrestImage plans to invest $4 million into renovations to start this year
The NYLO Dallas Plano hotel along Preston Road in Plano, Texas, a suburb of Dallas, has traded to a new owner that plants to renovate the hotel. (CoStar)
The NYLO Dallas Plano hotel along Preston Road in Plano, Texas, a suburb of Dallas, has traded to a new owner that plants to renovate the hotel. (CoStar)
CoStar News
August 20, 2025 | 10:49 P.M.

Hotel real estate investment firm NewcrestImage is adding to its portfolio of upscale full-service hotels with the purchase of the NYLO Dallas Plano hotel in North Texas.

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