Central Ohio hotel under new owner after $10 million sale

[Pelican Press 0]

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Central Ohio hotel under new owner after $10 million *****

COLUMBUS, Ohio (

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) — A central Ohio hotel is now under new ownership after the property was sold for $10 million to a hospitality company.

Miamisburg-based AAAR Hotels closed on the ***** to buy the Cambria Hotel at 9100 Lyra Drive in Polaris on July 18, according to the Delaware County Auditor’s Office. Wilcare Delaware, the hotel’s previous owner, had operated the Cambria since purchasing the property for $1.8 million in 2011.

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“This stunning hotel is a fantastic example of our commitment to excellence and customer satisfaction,” said AAAR in a social media post after the deal closed. “With its modern amenities, comfortable rooms and exceptional service, Cambria Polaris is the perfection destination for business and leisure travelers alike.”

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The four-story Cambria spans more than 88,000 square feet and is home to an indoor pool, several meeting and event rooms, a fitness center and an ********* fare restaurant named 9100 Tavern and Grill. The hotel boasts proximity to Eddie Merlots, BJ’s Restaurant and Brewhouse, Twin Peaks, Polaris Grill and other Polaris Fashion Place restaurants.

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AAAR was founded in 2008 and has ballooned its portfolio to beyond Ohio with nearly 25 hotels across Alabama, South Carolina, Texas, Kansas, Florida, Arkansas, Kentucky and Pennsylvania. The company most recently bought a Holiday Inn Express at 155 Holiday Drive in Wilmington for $7.6 million, Clinton County Auditor’s Office records show.

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