LEXINGTON, KY— Interstate Hotels & Resorts has formed a joint venture with an affiliate of Madison W Properties, LLC to rebrand the former Radisson Plaza Hotel here as a Hilton. Arlington, VA-based Interstate has taken a minority interest in the 367-room hotel with Madison W Properties. The deal also includes a minority interest in a 234,000-square foot office building adjacent to the hotel. Interstate plans to invest $13 million in renovations to the hotel. The full name of the property will be the Lexington Downtown Hotel & Conference Center.
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