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Transactions - JANUARY 19, 2023

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Electra America Hospitality Group buys boutique hotel near Boston Common

by Released

Electra America Hospitality Group (EAHG), a hospitality fund, has acquired the 190-room Kimpton Nine Zero, a small, luxury hotel located in downtown Boston, adjacent to the Boston Common, the State House, the Financial District and the “Freedom Trail,” a collection of historic museums, churches, meeting houses, burial grounds, and other notable Boston landmarks that tell the story of the American Revolution.

The property will be converted immediately upon acquisition into “Hotel AKA Boston Common,” offering a mix of short-term and extended-stay lodging options catering to the upscale leisure and corporate traveler.

The property was acquired in an off-market transaction for an undisclosed price.

This is EAHG’s and AKA’s second hotel in Boston. In August of 2022, EAHG acquired and converted the 225-room Loews Boston Hotel into Hotel AKA Back Bay.

“With this acquisition, EAHG now owns two distinctive, very complementary luxury hotel assets in t

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