VCU grad’s local firm, Kalyan Hospitality, buys Graduate by Hilton hotel on Franklin St.

Posted on Jul 31, 2026

A VCU-area hotel has been picked up by a local firm with a former Ram at its helm.

Henrico-based Kalyan Hospitality last week purchased the 205-room Graduate by Hilton hotel at 301 W. Franklin St. for $20.7 million. Kalyan CEO Nick Patel confirmed the deal.

The Berkeley and Graduate Richmond Named in 16 Best Hotels in Downtown Richmond, VA

Make your trip to Richmond, Virginia one to remember with a relaxing stay at any one of downtown Richmond’s hotels. Read more on Venture Richmond HERE

Kalyan Hospitality Deepens Richmond Footprint with Acquisition of Graduate by Hilton Richmond

Richmond, VA – July 29, 2026 – Kalyan Hospitality, a Richmond-based hotel ownership and management group, proudly announces the acquisition of the Graduate by Hilton Richmond. The landmark transaction represents a major milestone for Kalyan Hospitality, marking both a significant expansion in its ho

The Berkeley Richmond Joins Outset Collection by Hilton, Ushering in a New Era of Hospitality in Historic Shockoe Slip

Among the first properties to join the brand, the 55‑room reimagined boutique hotel blends timeless style with Southern charm in downtown Richmond, Virginia

VCU grad’s local firm, Kalyan Hospitality, buys Graduate by Hilton hotel on Franklin St.

Posted on Jul 31, 2026

A VCU-area hotel has been picked up by a local firm with a former Ram at its helm.

Henrico-based Kalyan Hospitality last week purchased the 205-room Graduate by Hilton hotel at 301 W. Franklin St. for $20.7 million. Kalyan CEO Nick Patel confirmed the deal.

The Berkeley and Graduate Richmond Named in 16 Best Hotels in Downtown Richmond, VA

Make your trip to Richmond, Virginia one to remember with a relaxing stay at any one of downtown Richmond’s hotels. Read more on Venture Richmond HERE

Kalyan Hospitality Deepens Richmond Footprint with Acquisition of Graduate by Hilton Richmond

The Berkeley Richmond Joins Outset Collection by Hilton, Ushering in a New Era of Hospitality in Historic Shockoe Slip

Among the first properties to join the brand, the 55‑room reimagined boutique hotel blends timeless style with Southern charm in downtown Richmond, Virginia

VCU grad’s local firm, Kalyan Hospitality, buys Graduate by Hilton hotel on Franklin St.

Read More Articles

The Berkeley and Graduate Richmond Named in 16 Best Hotels in Downtown Richmond, VA

Kalyan Hospitality Deepens Richmond Footprint with Acquisition of Graduate by Hilton Richmond

The Berkeley Richmond Joins Outset Collection by Hilton, Ushering in a New Era of Hospitality in Historic Shockoe Slip

VCU grad’s local firm, Kalyan Hospitality, buys Graduate by Hilton hotel on Franklin St.

Read More Articles

The Berkeley and Graduate Richmond Named in 16 Best Hotels in Downtown Richmond, VA

Kalyan Hospitality Deepens Richmond Footprint with Acquisition of Graduate by Hilton Richmond

The Berkeley Richmond Joins Outset Collection by Hilton, Ushering in a New Era of Hospitality in Historic Shockoe Slip