Graduate Hotels has opened its first hotel since the brand was acquired by Hilton earlier this year.
Located on Nassau Street, 180-key Graduate Hilton sits on the site of a former student dormitory and also comprises signature bar restaurant Ye Tavern, with 6,000 sq ft of public space.
The opening marks the first new hotel to open in Princeton in nearly 90 years—and only the second hotel in its historic downtown, nearly doubling the number of available hotel rooms in town.
Hilton acquired the Graduate Hotels brand for $210 million in March, with the purchase a part of Hilton’s plan to expand in the lifestyle segment.
What they said
Ben Weprin, founder of Graduate Hotels and founder & chief executive officer of AJ Capital Partners said: “When we started Graduate ten years ago, Princeton was at the top of our list. The history, the heritage, the backdrop, the charm, the sophistication — it’s just the idea of what somebody envisions college looks like in America.”
Kevin Osterhaus, president, global lifestyle brands at Hilton added: “Continuing our reputation for delivering top-tier hospitality, Graduate Princeton is a stellar example of how the brand honours the unique stories of these neighbourhoods and celebrates the passion and nostalgia that guests and fans feel when stepping through the doors of our hotels. Graduate Princeton provides a welcoming environment for guests to discover the traditions, history and hidden gems that make it one of the most popular university towns in the country.”