CoralTree Hospitality to Manage Four Additional Tavistock Hotels in Lake Nona, Orlando, Florida
Tom Luersen, president of CoralTree Hospitality, announced that the company is expanding its portfolio with Tavistock Development Company after the successful launch of the Lake Nona Wave Hotel, which opened in December 2021. CoralTree now also manages four of the development company's Marriott branded properties in Lake Nona including a Courtyard, Residence Inn, SpringHill Suites and a new Aloft Hotel, which is scheduled to open in the fall of 2023.
"It's a great compliment when owners choose to expand their partnership with us," said Luersen. "We've had a great relationship with Tavistock throughout the opening of the Lake Nona Wave Hotel and look forward to supporting the development company's four Marriott hotels in Lake Nona as well. It's an exciting time with Tavistock as we continue to build our partnership in the Orlando area."
CoralTree started working with Tavistock in late 2020 when the management company was entrusted with opening the 234-room Lake Nona Wave Hotel, the centerpiece to the Lake Nona community urban core. The four additional branded hotels represent 562 more rooms under CoralTree's management. Each of the Lake Nona hotels under CoralTree management ranks at the top of their brand throughout the United States with the Courtyard by Marriott Orlando Lake Nona ranked No. 4, the Residence Inn by Marriott Orlando Lake Nona is No. 12 in the Americas and the SpringHill Suites by Marriott Orlando Lake Nona is rated No. 13.
Located minutes from Orlando International Airport, Lake Nona is a convenient destination for the more than 40 million passengers traveling though Florida's busiest airport each year. Created by Tavistock, Lake Nona is built on partnerships and one-of-a-kind experiences that bridge the connection between live, work, stay and play. An idealized city of the future, Lake Nona is an environment designed for people, institutions and businesses to thrive.
"We've enjoyed a wonderful working relationship with the team at CoralTree and we are looking forward to extending that across all of our hotels in Lake Nona to create a seamless and exceptional guest experience," said Nick Beucher, president of Tavistock Development Company.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
