Wexford Lodging Advisors and Widewaters Hotels have acquired the 200-room Cherry Valley Lodge in Newark and are planning a comprehensive $13 million renovation to restore the property to its prior standing as central Ohio’s premier group and leisure hotel. Upon acquisition, the property’s indoor water park, constructed in 2006, was closed and will be converted into a 45,000-square-foot, first-class exhibition and event center. Cherry Valley Lodge sits on the border of Newark, the Licking County seat, and Granville, home of Denison University. The Lodge is located just 30 miles east of Columbus and 15 miles east of the rapidly expanding New Albany business corridor. |