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Breakwater Acquires I.M. Pei-Designed Hotel
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Breakwater Acquires I.M. Pei-Designed Hotel
CHARLESTON, South Carolina—Breakwater, through its affiliate, has partnered with BR Investments to acquire the Ramada Hotel in downtown Augusta, with plans to renovate and rebrand it into a soft-branded hotel. Originally opened in 1974 as the Executive House Hotel and later rebranded under Ramada in 1999, the property is one of only two hotels in the United States designed by architect I.M. Pei, best known for the Louvre Pyramid in Paris. Breakw…
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