SAN DIEGO, California—Azul Hospitality Group introduced that it has assumed administration of two properties in downtown Seattle: the Lodge Theodore and the Mayflower Park Lodge. The resorts are owned in partnership by Provenance Inns and NBP Capital.
Lodge Theodore
The 153-room Lodge Theodore is about to hitch the Tapestry Assortment by Hilton this fall. The property is thought for its domestically impressed programming and design. From an in-lobby Made Espresso café and nightly aperitivo to an authentic artwork assortment and the Rider restaurant, Lodge Theodore presents a Pacific Northwest expertise.
Mayflower Park Lodge
The Mayflower Park Lodge, established in 1927, is a member of Historic Inns of America. With 160 guestrooms providing traditional Queen Anne furnishings, the lodge additionally consists of the Oliver’s Lounge. The Andaluca restaurant is transitioning to Reserve at Andaluca, a brand new personal occasion house with a Jazz Supper Membership and a calendar of particular, hotel-driven occasions. The property additionally presents proximity to Pike Place Market and the Seattle Monorail.
“These are the kind of high-potential property the place Azul creates significant worth for possession,” stated Mark Crisci, president of Azul Hospitality. “Each properties profit from distinctive places, robust model fairness, and dependable buyer bases. Our focus shall be on optimizing operational efficiency, enhancing topline income, and preserving the distinct identities that make these resorts stand out within the Seattle market whereas elevating the visitor expertise to drive satisfaction, loyalty, and profitability.”
“We sought a administration associate with a confirmed observe document of balancing operational self-discipline with respect for the individuality of legacy property. Azul’s collaborative model, robust management, and skill to drive efficiency whereas preserving what makes every lodge distinctive made them the fitting alternative for these properties,” stated Lauren Noecker, chief govt officer and co-founder, NBP Capital. “At NBP, we take a long-term method to actual property investing—creating considerate property in compelling places with the aim of long-term appreciation. By investing the place we stay and work, we align our values with efficiency, making this partnership a pure match for NBP’s long-term imaginative and prescient.”
