Hilton debuts Graduate Hotels near Princeton University
🏦 Graduate by Hilton launched Graduate Princeton in Princeton, N.J., marking the first opening since Hilton's acquisition. The hotel, situated on Nassau Street, is housed in a 1918 dormitory converted into a 180-key boutique hotel with 6,000 square feet of public space. The project is a collaboration between AJ Capital Partners and Stonehill Taylor. Princeton has been a target for Graduate Hotels for a decade. Graduate Princeton is the first new hotel in the town in 90 years and features interiors with Princeton University references, including a Gothic-inspired lobby and a restaurant named Ye Tavern. Earlier in the year, Hilton acquired Graduate Hotels for $210 million from AJ Capital, with over 35 hotels currently open or planned near educational institutions in the U.S. and U.K.
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