NORWALK, Connecticut—HEI Motels & Resorts added Beacon Resort & Company Quarters to its rising portfolio of luxurious, upper-upscale, and upscale unbiased and branded motels and resorts all through america. Its portfolio now numbers greater than 100 complete properties.
Positioned in Washington, D.C., the resort is close to the White Home and inside strolling distance of 38 million sq. toes of business workplace actual property, Embassy Row, and the Nationwide Mall.
The Beacon Resort has 199 guestrooms, averaging 355 sq. toes, and consists of 58 rooms with kitchenettes. The resort additionally has the Beacon Bar & Grill and Beacon Sky Bar, which give road visibility and may profit from the adjoining retail hall. The property can be host to a health middle, enterprise middle, and over 10,000 sq. toes of occasion area.
The Beacon Resort & Company Quarters will quickly bear a multimillion-dollar renovation, which is able to a embody top-to-bottom replace of all guestrooms and bogs, reimagining of the meals and beverage retailers, refurbishment of assembly areas, and enhancements to the health middle.
“Washington, D.C. is a unprecedented market that’s residence to a various vary of high-profile factors of curiosity,” mentioned Anthony Rutledge, CEO, HEI. “We are going to capitalize on these demand drivers and place the Beacon as a most popular resort vacation spot. We’re additionally excited to determine a relationship with the proprietor, Three Wall Capital, LLC and look ahead to delivering distinctive outcomes.”
“We really feel that HEI Motels & Resorts is the perfect administration associate for the Beacon Resort,” mentioned Alan Kanders, managing member and founder, Three Wall Capital. “Their in depth expertise on this property section and deep understanding of the D.C. market is an incredible benefit and we look ahead to a profitable collaboration.”
HEI manages a complete of six properties in DMV area, which is the metropolitan space centered round Washington, D.C. and consists of all of Washington, D.C. and elements of Maryland, Virginia, and West Virginia. They embody Le Méridien Madison, Washington, D.C., and the Hyatt Regency Dulles.
