Newcrestimage

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The history of NewcrestImage is a classic tale of big dreams, hard work, and a rise to prosperity through free enterprise. The company’s principals have owned and operated lodging properties since 1977, when they bought their first property, a 22-room roadside motel in Marlin, TX. Smart acquisitions and timely new builds spurred rapid growth for the principals in the late 1990s. Then in the early 2000s, the creation of two new and complementary divisions — development and management — ushered in a new era of growth, with the company opening over 50 newly constructed hotels in the decade that followed. Like any great story, the team at NewcrestImage has battled difficult odds, including weathering the global financial crisis that began in 2008. Within four years, through unity, nimbleness, and creativity, the principals had successfully navigated the worst of the recession and opened an intense pipeline of new projects. In early 2013, NewcrestImage was formed through the merger of the principals’ prior companies — Newcrest Management and Image Hospitality — by harnessing the unique synergy between development and management.

Company Details

Employees
99
Founded
-
Address
1785 Hwy 26,
Phone
+1-214-774-4650
Email
co****@****age.com
Industry
Hospitality
NAICS
Traveler Accommodation
Casino Hotels
HQ
Grapevine, Texas
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News

Inside NewcrestImage’s latest acquisition in Texas - Hotel Investment Today

Inside NewcrestImage’s latest acquisition in Texas Hotel Investment Today

HM Exclusive: NewcrestImage banks on Atlantic City Boardwalk as part of expansion plan - Hotel Management

HM Exclusive: NewcrestImage banks on Atlantic City Boardwalk as part of expansion plan Hotel Management

NewcrestImage Acquires 176-Key NYLO Dallas Plano - Hotel Online

NewcrestImage Acquires 176-Key NYLO Dallas Plano Hotel Online

NewcrestImage acquires NYLO in Dallas - Asian Hospitality

NewcrestImage acquires NYLO in Dallas Asian Hospitality

NewcrestImage opens The Elmore Hotel - hotelbusiness.com

NewcrestImage opens The Elmore Hotel hotelbusiness.com

NewcrestImage Announces Opening of The Elmore Hotel - LODGING Magazine

NewcrestImage Announces Opening of The Elmore Hotel LODGING Magazine

NewcrestImage acquires Texas soft-branded hotel - Hotel Management

NewcrestImage acquires Texas soft-branded hotel Hotel Management

NewcrestImage Becomes Minority Shareholder and Selects Aimbridge Hospitality for Management of 27-Hotel Portfolio - Hospitality Net

NewcrestImage Becomes Minority Shareholder and Selects Aimbridge Hospitality for Management of 27-Hotel Portfolio Hospitality Net

NewcrestImage buys Plano hotel, plans $4M facelift - The Business Journals

NewcrestImage buys Plano hotel, plans $4M facelift The Business Journals

NewcrestImage acquires 50% stake in Coury Hospitality - Hotel Dive

NewcrestImage acquires 50% stake in Coury Hospitality Hotel Dive

How (and why) NewcrestImage keeps rebuilding its portfolio - Hotel Investment Today

How (and why) NewcrestImage keeps rebuilding its portfolio Hotel Investment Today

NewcrestImage, LLC - Hospitality Net

NewcrestImage, LLC Hospitality Net

NewcrestImage Acquires Magnolia Hotel in Downtown Dallas From Stout Street Hospitality - Hotel Online

NewcrestImage Acquires Magnolia Hotel in Downtown Dallas From Stout Street Hospitality Hotel Online

Newcrestimage sells Denver Residence Inn - Hotel Management

Newcrestimage sells Denver Residence Inn Hotel Management

Quotes of the Week: Brookfield, Hawkins Way, NewcrestImage - Hotel Investment Today

Quotes of the Week: Brookfield, Hawkins Way, NewcrestImage Hotel Investment Today

NewcrestImage acquires The Beeman Hotel - Hotel Management

NewcrestImage acquires The Beeman Hotel Hotel Management

NewcrestImage opens Elmore Hotel as Texas boutique - Hotel Management

NewcrestImage opens Elmore Hotel as Texas boutique Hotel Management

NewcrestImage acquires stake in Coury Hospitality - Hotel Management

NewcrestImage acquires stake in Coury Hospitality Hotel Management

NewcrestImage repositions Atlantic City boardwalk hotel - Hotel Management

NewcrestImage repositions Atlantic City boardwalk hotel Hotel Management

NewcrestImage acquires Ohio DoubleTree - Hotel Management

NewcrestImage acquires Ohio DoubleTree Hotel Management

Newcrestimage acquires NYLO Dallas Plano - HOTELSMag.com

Newcrestimage acquires NYLO Dallas Plano HOTELSMag.com

Summit Hotel Properties Completes Acquisition of NewcrestImage Portfolio - PR Newswire

Summit Hotel Properties Completes Acquisition of NewcrestImage Portfolio PR Newswire

News | Why NewcrestImage's Mehul Patel Walked Away From Hotel Operations - CoStar

News | Why NewcrestImage's Mehul Patel Walked Away From Hotel Operations CoStar

NewcrestImage acquires Texas Marriott - Hotel Management

NewcrestImage acquires Texas Marriott Hotel Management

NewcrestImage Completes Renovation of 175-Room Elmore Hotel in Southlake, Texas - REBusinessOnline

NewcrestImage Completes Renovation of 175-Room Elmore Hotel in Southlake, Texas REBusinessOnline

News | NewcrestImage Finalizes Purchase of 45 Hotels - CoStar

News | NewcrestImage Finalizes Purchase of 45 Hotels CoStar

Latest news: NewcrestImage buys in Ohio; third Le Petit Pali; first Regent standalone residence - Hotel Investment Today

Latest news: NewcrestImage buys in Ohio; third Le Petit Pali; first Regent standalone residence Hotel Investment Today

Opportunistic Outlook: Mehul Patel on NewcrestImage’s Acquisition Strategy - LODGING Magazine

Opportunistic Outlook: Mehul Patel on NewcrestImage’s Acquisition Strategy LODGING Magazine

NewcrestImage Opens 105-Room Boutique Hotel in Atlantic City, New Jersey - REBusinessOnline

NewcrestImage Opens 105-Room Boutique Hotel in Atlantic City, New Jersey REBusinessOnline

NewcrestImage acquires 3 Courtyards by airports - Hotel Investment Today

NewcrestImage acquires 3 Courtyards by airports Hotel Investment Today

NewcrestImage acquires The Beeman Hotel in Dallas - Asian Hospitality

NewcrestImage acquires The Beeman Hotel in Dallas Asian Hospitality

NewcrestImage closes on LaQuinta LAX - Asian Hospitality

NewcrestImage closes on LaQuinta LAX Asian Hospitality

NewcrestImage to Build New AC Hotel in Oklahoma City Using Modular Buildings - Hotel Online

NewcrestImage to Build New AC Hotel in Oklahoma City Using Modular Buildings Hotel Online

Hotel firm NewcrestImage eyes project in Plano’s Legacy business park - Dallas News

Hotel firm NewcrestImage eyes project in Plano’s Legacy business park Dallas News

NewcrestImage portfolio sale completed; Aimbridge to manage - hotelbusiness.com

NewcrestImage portfolio sale completed; Aimbridge to manage hotelbusiness.com

NewcrestImage buys historic Magnolia Hotel in Dallas - Asian Hospitality

NewcrestImage buys historic Magnolia Hotel in Dallas Asian Hospitality

News | Summit Hotel Properties Joint Venture To Purchase NewcrestImage Portfolio for $822 Million - CoStar

News | Summit Hotel Properties Joint Venture To Purchase NewcrestImage Portfolio for $822 Million CoStar

NewcrestImage acquires DoubleTree Suites in Columbus, OH - Asian Hospitality

NewcrestImage acquires DoubleTree Suites in Columbus, OH Asian Hospitality

David Perel has been appointed Chief Investment Officer at NewcrestImage, LLC - Hospitality Net

David Perel has been appointed Chief Investment Officer at NewcrestImage, LLC Hospitality Net

NewcrestImage Opens Homewood Suites After Refresh - Parsippany Focus

NewcrestImage Opens Homewood Suites After Refresh Parsippany Focus

Comments Due Today on Draft EA for Proposed Wailuku Hotel - Maui Now

Comments Due Today on Draft EA for Proposed Wailuku Hotel Maui Now

NewcrestImage Introduces Courtyard & TownePlace Suites DFW/Grapevine Executive Team - Hotel News Resource

NewcrestImage Introduces Courtyard & TownePlace Suites DFW/Grapevine Executive Team Hotel News Resource

MRA seeks more information from hotel developers - mauinews.com

MRA seeks more information from hotel developers mauinews.com

Grapevine’s NewcrestImage plunges back into hotel market, buying 45 properties - Dallas News

Grapevine’s NewcrestImage plunges back into hotel market, buying 45 properties Dallas News

NewcrestImage to Develop First New-Build Hyatt House Hotel in Texas - Hotel News Resource

NewcrestImage to Develop First New-Build Hyatt House Hotel in Texas Hotel News Resource

NewcrestImage plans $200M facelift for historic Magnolia building - The Real Deal

NewcrestImage plans $200M facelift for historic Magnolia building The Real Deal

Hotel investor NewcrestImage wants to raise $250 million for national expansion - Dallas News

Hotel investor NewcrestImage wants to raise $250 million for national expansion Dallas News

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