Siegel Group Acquires 80,000 SF Hotel in San Antonio for $3.3M

by Taylor Williams

SAN ANTONIO — Siegel Group, a Las Vegas-based investment and hospitality firm, has acquired the former Budget Lodge Extended Stay Hotel in San Antonio for $3.3 million. Built in 1963 and situated on 6.6 acres along Interstate 35, the two-story property totals approximately 80,000 square feet. Siegel Group plans to repurpose some of the existing space to include a restaurant and lounge, as well as a conference and banquet area.

 

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