Rajabi: Historic hotel to be gutted, rebuilt and franchised
Al Rajabi, CEO of the Texas-based investment group that owns the historic Arlington Resort Hotel & Spa, said in early January that he is close to announcing which national franchise will manage the hotel.
Rajabi also said the $43 million project to “gut” and rebuild the hotel is still in the planning stages, and work will most likely begin in 12 to 14 months.
“It’s a massive project and requires so much more work,” he said.
The 94-year-old hotel at Central Avenue and Fountain Street was purchased from Southwest Hotels Inc. in July 2017 for an undisclosed amount of money.
Rajabi said he expects to announce, possibly before spring, the name of the national franchise that will be managing the Arlington when it opens. “I’m very close to finalizing which franchise we’re going to go with. It’s going to be a luxury property with a very well-known brand.”
The CEO of Sky Capital Group also said that when the renovations are completed, The Arlington will “be the most luxurious property that Arkansas has ever seen.”
Once work begins, he said, it will take 20 to 24 months to complete the project.
According to the Sentinel-Record in Hot Springs, the Arlington is Arkansas’ largest hotel, with 478 rooms and a 45,000-square-foot convention center. The historic resort also features a spa, thermal bathhouse, ballroom and dining room.