Historic Hotel Acquisition Deal in Alpine and Fort Davis Valued at $31 Million

In a significant move to preserve the rich heritage of Alpine and Fort Davis, Byways Hospitality has entered into a contract to purchase several iconic historic hotels in the region. The deal, valued at $31 million, includes the renowned Holland Hotel and Maverick Inn in Alpine, as well as the Limpia and Harvard Hotel properties in Fort Davis.

Byways Hospitality, a prominent player in the boutique hotel industry, is well-known for its commitment to restoring and revitalizing historic properties. Co-founders and partners, Brian Carrico and Collin Bibb, are leading the charge in this ambitious project. Brian, an environmental engineer with a passion for hospitality, co-founded Alexa Management and The Guild before embarking on this new venture. Collin, who has a background in football and private equity, has also worked with The Guild and brings valuable expertise to the team.

The $31 million deal not only involves the acquisition of the…