As it continues to transform the area around the Alamo, the State of Texas is getting into the hospitality business. The state’s General Land Office has purchased San Antonio’s landmark Menger and Crockett Hotels in a deal it says will strengthen the visitor experience around one of the world’s most famous sites.
The state agency, in partnership with Ohio-based firm Rockbridge Holdings and the Alamo Trust , purchased the two properties for an undisclosed price. Bexar Appraisal District estimates the combined value of the two hotels at $55 million.
According to the State, the acquisition will “ensure the hotels are thoughtfully integrated into the broader Alamo experience.”
“These properties have been part of the Alamo’s legacy since 1859,” said Alamo Trust Executive Director Kat