Loews Hotels & Resorts announced on Tuesday that it is buying the 225-room The Back Bay Hotel, located in Boston, from the Dublin-based The Doyle Collection.
The amount of the transaction was not disclosed, and the acquisition is expected to close in February. The hotel will be operated by Loews Hotels & Resorts, a wholly-owned subsidiary of Loews Corp., New York City. It will also be rebranded as a Loews hotel.
“Boston is one of the most vibrant markets in the U.S., and an excellent city for a Loews property,” said Jonathan Tisch, chairman of Loews Hotels & Resorts. “This one-of-a-kind, historic hotel is a unique addition to our growing portfolio.”
The property originally served as the Boston Police Department headquarters from when it was constructed in the 1920s to the late 1990s. It was redeveloped in 2004.