Business & Finance

Sale of Holiday Inn Orlando-Disney Springs Area Handled by The Plasencia Group

TAMPA, FL. December 20, 2016 – The Plasencia Group is pleased to announce the sale of the Holiday Inn Orlando-Disney Springs Area, located in Lake Buena Vista, Florida. The firm represented an affiliate of a global real estate investment manager in the sale of the 323-room hotel.

“The hotel’s excellent condition, resort-style layout and prime location on Disney property stood out to our team and was very attractive to the broader hotel investment community,” commented Nick Plasencia, Vice President of The Plasencia Group.

Dennis Reed, Senior Vice President of The Plasencia Group’s Southeast region, added, “We anticipate that the hotel will continue to appeal to a diverse mix of domestic and international guests due not only to the expanded offerings at nearby Disney Springs, but also to the plethora of new attractions constantly opening at the region’s renowned theme parks.” Vice President Chris Plasencia also advised the client in this disposition.

The Holiday Inn is ideally located directly on Walt Disney World property and is only a short walk from Disney Springs, the recently renovated and expanded retail, dining and entertainment district formerly known as Downtown Disney. The hotel offers unique amenities to its guests, including complimentary shuttles to Disney parks and an on-site, licensed Disney gift store. The Plasencia Group has completed engagements for more than 75 resort and hotel owners in Florida, and nearly 50 IHG-branded hotels nationally.

About The Plasencia Group

The Plasencia Group is a full-service hotel investment and consulting firm offering Transaction Services, Capital Markets, and Consulting & Advisory Services throughout North America. For more information, please visit www.TPGhotels.com.

Contact:
Jodie Orozco
Vice President of Marketing & Partnerships
jorozco@tpghotels.com
(813) 932-1234

Coming Up In The May Online Hotel Business Review




Feature Focus
Eco-Friendly Practices: The Value of Sustainability
The hotel industry continues to make remarkable progress in implementing sustainability policies and procedures in their properties throughout the world. As a result, they continue to reap the benefits of increased profitability, enhanced guest experiences, and improved community relations. In addition, as industry standards are codified and adopted worldwide, hotels can now compare how their operations measure up against their competitors in terms of sustainable practices and accomplishments. This capacity to publicly compare and contrast is spurring competition and driving innovation as hotels do not wish to be left behind in this area. Water management and conservation is still a primary issue as population growth, urbanization, pollution and wasteful consumption patterns place increasing demands on freshwater supply. Water recycling; installing low-flow fixtures; using digital sensors to control water usage; and even harvesting rainwater are just a few things that some hotels are doing to preserve this precious resource. Waste management is another major concern. Through policies of reduce, reuse and recycle, some hotels are implementing “zero-waste” programs with the goal of substantially reducing their landfill waste which produces carbon dioxide and methane gases. Other hotels have established comprehensive training programs that reinforce the value of sustainability. There is employee engagement through posters and quizzes, and even contests are held to increase innovation, sensitivity and environmental awareness. Some hotels are also monitoring a guest’s energy usage and rewarding those who consumed less energy with gifts and incentives. The May issue of the Hotel Business Review will document how some hotels are integrating eco-friendly practices into their operations and how they and the environment are benefiting from them.