HEI Expands Presence in Metropolitan Atlanta With Addition of Two Doubletree by Hilton Hotels
HEI Hotels & Resorts, one of the nation's leading operators of institutionally owned hotels with a portfolio of more than 100 properties across the United States, has added the Doubletree by Hilton Atlanta-Roswell and DoubleTree by Hilton Atlanta - Alpharetta to its portfolio, bringing the total number of hotels managed in the metropolitan Atlanta market to 14.
The 174-key DoubleTree by Hilton Atlanta-Roswell is located off Turner McDonald Parkway, within three miles of office parks, dining and vibrant downtown Roswell. The property offers guests an outdoor pool, fitness center, lobby bar and lounge and 10,000 square feet of meeting space.
The 80-key DoubleTree by Hilton Atlanta-Alpharetta is located a mile from US-19 with easy access to Alpharetta corporate offices and dining options. Avalon, an upscale retail, restaurant, and event experience, and the Ameris Bank Amphitheatre are located just a few miles away. Property features include an outdoor pool, fitness center, on-site restaurant, lobby bar and 748 square feet of meeting space.
Both properties also recently completed multi-million-dollar renovations.
"We appreciate the opportunity to continue to grow our relationship with The RADCO Companies and build on our successful track record with them as we add the DoubleTree Atlanta-Roswell and DoubleTree Atlanta-Alpharetta to our portfolio," said Anthony Rutledge, CEO at HEI. "We share their optimism regarding the Atlanta market in general and look forward to capitalizing on the opportunities there to build market share for these properties, based on the strong demand generators in play."
About HEI Hotels & Resorts
About HEI Hotels & Resorts HEI Hotels & Resorts, headquartered in Norwalk, Conn., is a leading hospitality investment and management company that owns or operates more than 100 luxury, upper-upscale and upscale independent and branded hotels and resorts throughout the United States. HEI's branding partners include Marriott, Hilton, Hyatt, IHG, Choice and Wyndham. The company is renowned for its commitment to its associates under the culture of HEI Loves, its revenue management, profit contribution and empirically based real estate value creation, driven by a full complement of proprietary software tools to set and exceed targets on a fully integrated basis. HEI works hand-in-hand with institutional capital partners on existing assets under management as well as sponsored acquisition opportunities. The company has ample equity capital and strategically co-invests with its partners on many transactions. To learn more about HEI, please visit www.heihotels.com.
