Co-X Properties Selects Raines to Manage S.C., N.C. Properties.
Raines, a leading hospitality management company, has added two new properties to its growing portfolio: Springhill Suites Cheraw in Cheraw, South Carolina, and Hilton Garden Inn University District Greenville in Greenville, North Carolina.
Springhill Suites, Cheraw, SC - One of Co-X Properties’ real (estate investments pictured above)
Co-X Holdings, a private investment firm, holds a majority stake in both properties. "Raines is the best in the business," said Paul Adkison, co-founder of Co-X Holdings. "Their ability to maximize ROI while delivering exceptional guest experiences is unparalleled. We're confident they'll continue to excel with these new additions."
The 102-room Springhill Suites Cheraw offers a variety of amenities, including a complimentary breakfast, fitness center, outdoor pool, and an on-site restaurant, Dizzy's Bar and Grill, named after the legendary jazz musician Dizzy Gillespie, who hailed from Cheraw.
Hilton Garden Inn University District Greenville, Raines' first property in the Greenville market, is set to open later this year. This 101-room hotel will be the tallest building in downtown Greenville, offering guests easy access to Eastern Carolina University's campus. The property will feature a fitness center, guest laundry, a sundry shop, and a rooftop bar and restaurant.
"We're excited to add these two properties to our portfolio," said Grey Raines, managing partner of Raines. "Our strong presence in the Southeast and our expertise in F&B make us the ideal partner for these properties. We look forward to continued growth and success in the region."
Raines has experienced significant growth in 2023, acquiring HP Hotels, reopening the Waynesville Inn & Golf Club, and launching a new property.
