Cavalier Hotel resort sold to Connecticut firm (opens original article in a new tab)

The Cavalier Hotel resort in Virginia Beach was sold to Connecticut-based Wheelock Street Capital, including three oceanfront hotels but excluding certain businesses. HEI Hotels & Resorts will manage the property.

• Cavalier Hotel resort in Virginia Beach sold to Connecticut-based Wheelock Street Capital for undisclosed amount.
• Sale includes three oceanfront hotels but excludes Hunt Room restaurant and Tarnished Truth Distilling.
• HEI Hotels & Resorts will manage the property, with no immediate details on renovations or operational changes.