HEI Assumes Management of the Tapatio Springs Hill Country Resort in Boerne, Texas
HEI Hotels & Resorts, one of the nation's leading operators of institutionally owned hotels, has added Tapatio Springs Hill Country Resort in Boerne, Texas to its growing portfolio of luxury, upper-upscale and upscale independent and branded hotels and resorts throughout the United States; a portfolio which now numbers more than 100 properties.
Owned by L&R Hotels, Tapatio Springs Hill Country Resort was established in 1981 and represented the first golf resort and conference destination in the state of Texas. The resort features 111 rooms, approximately 13,200 SF of meeting space, two F&B outlets, an outdoor swimming pool, and an 18-hole championship golf course. It is located in the heart of the famed Texas Hill Country and is within driving distance of Texas' four major metropolitan areas: San Antonio, Austin, Dallas and Houston.
"HEI's growing relationship with L+R Hotels is rewarding as we continue to align our mutual objectives to maximize operating performance and value of high-quality assets like Tapatio Springs Hill Country Resort," said HEI Hotels & Resorts CEO and Managing Partner, Anthony Rutledge. "HEI's management platform and track record of excellence will help to bolster this property's status as a destination in demand."
In addition to expanding its long-standing relationship with HEI Hotels & Resorts, L&R has partnered with Troon to oversee Tapatio Springs Resort's golf operations and membership programs. L&R, HEI and Troon will work closely together to further enhance Tapatio Springs Resort's recognition as a premier golf and resort destination in the state of Texas.
"We are excited to begin a new relationship with L&R and to expand our highly successful relationship with HEI," said Troon Chief Operating Officer Mike Ryan. "Tapatio Springs joins our portfolio of highly sought after U.S. and Texas club destinations and is ideal for golf enthusiasts seeing authentic Texas golf experiences. "
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
About L+R
Headquartered in London, L+R Hotels is a dynamic, highly motivated global private investment company, creating lasting value for investors and communities.
L+R Hotels has built a portfolio of over 23,000 guestrooms across 115 hotels in the UK, Continental Europe, the US and the Caribbean which it owns and operates. The continually evolving portfolio ranges from select service hotels in the UK to five-star assets in Europe's most sought-after cities and breath-taking leisure resorts further afield - including London, Barcelona, Ibiza, Mallorca, Monte Carlo, Miami, Barbados, Grand Cayman, Turks and Caicos and Venice.
About Troon
Headquartered in Scottsdale, Ariz., Troon is the world's largest golf and golf-related hospitality management company providing services at 900-plus locations in 45-plus states and 35-plus countries, including operational responsibility for 575-plus 18-hole equivalent golf courses. In addition to golf, Troon specializes in homeowner association management, private residence clubs, estate management and associated hospitality venues. Troon's award-winning food and beverage division operates and manages 600-plus food and beverage operations located at golf resorts, private clubs, daily fee golf courses and recreational facilities. Troon's family of brands includes Troon Golf, Troon Privé, Troon International, Indigo Sports, CADDIEMASTER, ClubUp, Cliff Drysdale Tennis, Peter Burwash International, True Club Solutions, RealFood Hospitality, Strategy and Design, Casa Verde Golf, ICON Management and Eventive Sports. For additional news and information, visit www.Troon.com, TroonMagazine.com or connect with Troon on Facebook, Twitter, and Instagram.
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.
