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Business & Finance

Davidson Hotels & Resorts Welcomes The Hotel Minneapolis, Autograph Collection to Its Pivot Hotels & Resorts Portfolio

LOS ANGELES, CA. November 14, 2017 - Davidson Hotels & Resorts expands its Pivot Hotels & Resorts portfolio with the addition of The Hotel Minneapolis, Autograph Collection, a historic 222-room property in Minneapolis, Minnesota. Known for its fusion of old city charm and contemporary flair, The Hotel Minneapolis, Autograph Collection, is conveniently located downtown where guests can easily access sensational attractions such as the Guthrie Theatre, Mill City Museum and the U.S. Bank Stadium, utilizing the pedestrian friendly skyway system or hopping on the nearby light rail.

After a busy day of sightseeing or attending a Vikings game, travelers can retire to their guestrooms and enjoy modern amenities including high-speed wireless internet and 42-inch TVs, or simply relax and enjoy the luxurious comfort of the plush pillow top beds, custom duvets and sumptuous pillows. Guests not wanting to miss a beat on their workout routine will want to take advantage of the 10th floor fitness center, which includes cardio and free weight equipment.

"We are absolutely delighted to add our first Minneapolis property to the Pivot portfolio," said Albert Smith, senior vice president of Pivot. "We are confident that guests will have a remarkable stay at The Hotel Minneapolis while taking in all of the arts and culture the city has to offer."

The Hotel Minneapolis features the award-winning Restaurant Max, offering fresh and regionally seasonal American cuisine. Located within the hotel, Restaurant Max serves up an inviting, fashionably elegant atmosphere, attracting diverse crowds seeking the perfect spot to enjoy corporate events, lunch with friends, a romantic dinner date or bellying up to the bar for happy hour. Open for breakfast, lunch and dinner, there is always something new to explore at Restaurant Max.

A multi-million dollar renovation is planned to begin in late 2018 and to be completed in early 2019. All areas of the 222 room hotel, including Restaurant Max and all public spaces will be redesigned and reimagined offering guests and locals truly inspiring spaces to work, stay, dine and spend time.

About Davidson Hotels & Resorts

Davidson Hotels & Resorts is an award-winning, full-service hotel management company providing management, development/renovation, acquisition, consulting and accounting expertise for the hospitality industry. Amassing one of the purest full-service hotel portfolios in the industry, Davidson, along with its lifestyle and luxury operating division, Pivot Hotels & Resorts, specializes in independent and branded assets in the upper-upscale to luxury segments including 42 hotels, nearly 13,000 rooms and 1.4 million square feet of meeting space across the United States. A trusted partner and preferred operator of Marriott, Hilton and Hyatt hotels, Davidson delivers hospitality and creates value for owners with every single hotel. More information can be found at www.davidsonhotels.com.

About Pivot Hotels & Resorts

Pivot Hotels & Resorts, the lifestyle and luxury division of Davidson Hotels & Resorts, operates with a deep-rooted passion for continuous innovation, exceptional service delivery, revenue generation, inspired marketing and financial responsibility. Constituted by some of the most accomplished leaders in lifestyle hospitality, Pivot Hotels & Resorts caters to today's experience-, adventure-minded traveler through inspiring design, thoughtful service, and one-of-a-kind experiences at each of its hotels and resorts. Pivot Hotels & Resorts operates nine hotels and resorts across the US with more in development. More information may be found at www.pivothotels.com.

Contact:
Kerri Crannis/ Bonnie Olsen
kcrannis@zimmerman.com
850.668.2222

Coming Up In The December Online Hotel Business Review




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Feature Focus
Hotel Law: Issues & Events
There is not a single area of a hotel’s operation that isn’t touched by some aspect of the law. Hotels and management companies employ an army of lawyers to advise and, if necessary, litigate issues which arise in the course of conducting their business. These lawyers typically specialize in specific areas of the law – real estate, construction, development, leasing, liability, franchising, food & beverage, human resources, environmental, insurance, taxes and more. In addition, issues and events can occur within the industry that have a major impact on the whole, and can spur further legal activity. One event which is certain to cause repercussions is Marriott International’s acquisition of Starwood Hotels and Resorts Worldwide. This newly combined company is now the largest hotel company in the world, encompassing 30 hotel brands, 5,500 hotels under management, and 1.1 million hotel rooms worldwide. In the hospitality industry, scale is particularly important – the most profitable companies are those with the most rooms in the most locations. As a result, this mega- transaction is likely to provoke an increase in Mergers & Acquisitions industry-wide. Many experts believe other larger hotel companies will now join forces with smaller operators to avoid being outpaced in the market. Companies that had not previously considered consolidation are now more likely to do so. Another legal issue facing the industry is the regulation of alternative lodging companies such as Airbnb and other firms that offer private, short-term rentals. Cities like San Francisco, Los Angeles and Santa Monica are at the forefront of efforts to legalize and control short-term rentals. However, those cities are finding it’s much easier to adopt regulations on short-term rentals than it is to actually enforce them. The December issue of Hotel Business Review will examine these and other critical issues pertaining to hotel law and how some companies are adapting to them.