Hei Assumes Management of Dual-Branded Crowne Plaza and Staybridge Suites in Midtown Atlanta
HEI Hotels & Resorts, one of the nation's leading operators of institutionally owned full-service hotels with a portfolio of more than 100 properties across the United States, announced that it has assumed management of the 360-room Crowne Plaza Hotel and the 102-unit Staybridge Suites Hotel, a dual-branded hotel complex in Midtown Atlanta, Georgia. Owned by affiliates of Ramsfield Hospitality Finance and funds managed by AB CarVal, the hotels are located in the heart of Atlanta's thriving Midtown district and just minutes from downtown, Georgia Tech University, Coca-Cola World Headquarters, Mercedes Benz Stadium, the Georgia World Congress Center, Hartsfield-Jackson International Airport, and the Buckhead Business District.
"We are pleased to have HEI engaged as manager of these Midtown Atlanta assets and look forward to the next chapter for these strategically positioned hotels," said Richard Mandel, President of Ramsfield Hospitality Finance.
"We are honored to grow our relationship with Ramsfield Hospitality Finance through these unique, dual-branded assets," said HEI Hotels & Resorts CEO and Managing Partner, Anthony Rutledge. "HEI's management platform and repositioning skills will help to establish the Crowne Plaza and Staybridge Suites hotels as premier, high-value lodging experiences for visitors to the Midtown Atlanta community, and we are excited to drive value on their behalf."
The Crowne Plaza provides an outdoor swimming pool, a fitness center, and 17 meeting rooms that comprise nearly 31,000 square feet of meeting and event space, including a 6,000-square-foot ballroom. The hotel's food and beverage facilities include a restaurant, a lobby lounge, and a grab & go coffee shop. The Staybridge Suites provides 102 units. It shares recreational facilities and amenities with the Crowne Plaza and offers a complimentary continental breakfast. Renovations of the hotel's meeting and banquet space are under way with completion anticipated in summer 2023.
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 
