One of the most recognized fixtures along Portsmouth’s waterfront is about to get a new look.
The Renaissance Hotel is scheduled to undergo renovations starting early next year. The building will get a new sign and a coat of slate-gray paint that will transform the exterior look. Inside, the hotel will be modernized to a cleaner, brighter look for the hotel, which was built in 2001.
Chester-based Shamin Hotels, the largest hotel management company in Virginia, bought the hotel in February 2017 from Ashford Hospitality Trust for $9.2 million. When the hotel first opened, it did so with an upfront public investment of about $39 million and a private investment of about $14 million in the hotel and a parking garage, according to a story in The Pilot.