NORWALK, Connecticut—HEI Lodges & Resorts added Beacon Lodge & Company Quarters to its rising portfolio of luxurious, upper-upscale, and upscale impartial and branded motels and resorts all through the US. Its portfolio now numbers greater than 100 whole properties.
Situated in Washington, D.C., the resort is close to the White Home and inside strolling distance of 38 million sq. ft of economic workplace actual property, Embassy Row, and the Nationwide Mall.
The Beacon Lodge has 199 guestrooms, averaging 355 sq. ft, and contains 58 rooms with kitchenettes. The resort additionally has the Beacon Bar & Grill and Beacon Sky Bar, which give avenue visibility and may profit from the adjoining retail hall. The property can be host to a health heart, enterprise heart, and over 10,000 sq. ft of occasion area.
The Beacon Lodge & Company Quarters will quickly endure a multimillion-dollar renovation, which is able to a embrace top-to-bottom replace of all guestrooms and bogs, reimagining of the meals and beverage shops, refurbishment of assembly areas, and enhancements to the health heart.
“Washington, D.C. is a rare market that’s house to a various vary of high-profile factors of curiosity,” stated Anthony Rutledge, CEO, HEI. “We’ll 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 Lodges & Resorts is the perfect administration companion for the Beacon Lodge,” stated Alan Kanders, managing member and founder, Three Wall Capital. “Their in depth expertise on this property phase and deep understanding of the D.C. market is an amazing 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 contains all of Washington, D.C. and components of Maryland, Virginia, and West Virginia. They embrace Le Méridien Madison, Washington, D.C., and the Hyatt Regency Dulles.