Rockbridge and Aparium Hotel Group Acquire Heathman Hotel in Portland, Oregon
Rockbridge and Aparium Hotel Group, both known for creating one-of-a-kind, hyper-localized hotels and restaurants around the country, are pleased to announce the acquisition of the Heathman Hotel. Aparium Hotel Group has assumed management of the hotel. The property, located in the heart of downtown Portland, OR, currently features a lobby library lounge and more than 3,800 square feet of meeting space including a sky-lit 2nd floor mezzanine. A comprehensive renovation and reposition of the iconic Heathman Hotel will cement the hotel's status as the leading offering in the Portland market, while also launching a new flagship ground floor restaurant and bar along with an additional bespoke cocktail bar.
"As our first property in the Pacific Northwest and complementing our project under construction in Seattle, the Heathman Hotel is a great addition to our expanding hotel portfolio and underscores our commitment to build memorable stays and cultural connectivity in distinct markets with incredible creative capital, strong personalities, and rich histories," said Mario Tricoci, Founder and Chief Executive Officer of Aparium Hotel Group. "We look forward to ushering the Heathman Hotel into a new era, while collaborating in many forms with creatives and makers in Portland to infuse Aparium's philosophy of Translocal Hospitality."
One of Portland's most recognizable landmarks, the legendary Heathman Hotel blends rich history with a reverent appreciation for the arts. A cultural fixture since the day it opened in 1927, the hotel is home to the only cataloged guest-lending library in the Pacific Northwest, featuring books signed by guest authors. The hotel is a mere step away from the Portland Performing Arts Center, museums, and some of Portland's finest restaurants.
"We love to invest in beloved, historic hotels like the Heathman," said Jimmy Merkel, Co-founder and CEO of Rockbridge. "What makes this even more special is partnering with Mario and the Aparium team to restore this Portland icon to its former glory as the city continues to rebound."
Further expansion of the Aparium Hotel Group is underway with future openings planned for Denver, Seattle, Alexandria, Louisville, Atlanta, and more.
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 
