The Buffalo Niagara Marriott in Amherst is back on the market, after changing owners less than a year ago.
The Millersport Highway hotel, near the University at Buffalo, was acquired last year by Braveheart Holdings, a joint venture of Westmont Hospitality Group and Cadim Inc., both of which are based in Canada. Braveheart last year bought Boykin Lodging, whose holdings included the Buffalo Niagara Marriott, for a total of $416 million. That deal was completed last September.
The Buffalo Niagara Marriott consists of 356 rooms. An online advertisement posted by Jones Lang LaSalle Hotels, which is marketing the hotel, says the property has undergone more than $4 million in renovations since 2004. The advertisement did not name an asking price.
The hotel's features include a 180-seat Houlihan's restaurant, 10 meeting rooms and a grand ballroom.
Richard Schroen, general manager of the Buffalo Niagara Marriott, declined to release occupancy rates, but said it had a record year for revenues last year. "The hotel's doing very well," he said.
Corporate visitors account for the largest share of its business, but the hotel also attracts guests connected to UB and area sports tournaments, Schroen said.
As for last year's ownership change and the prospect of another one, Schroen said customers aren't affected. "It's very seamless," he said. "We continue to operate as Marriott, and of course Marriott's standards are very high."
Thomas Fisher of Jones Lang LaSalle Hotels could not be reached to comment Friday.