HEI Lodges & Resorts, one of many nation’s main operators of institutionally owned motels, continues to increase its ever-growing portfolio, together with its select- and focused-service motels. Following joint-venture acquisitions of three select-service motels over the previous eight months, HEI’s portfolio of managed select-and focused-service motels has elevated to 16 properties throughout the nation, accounting for greater than 15% of its managed portfolio. This latest announcement is one in every of many by HEI Lodges & Resorts, which now boasts a portfolio of 100+ properties throughout the USA.
“Effectively-known all through the trade because the nation’s premier operator of full-service motels, we have now a renewed technique and give attention to the premium select-service phase,” mentioned HEI Lodges & Resorts Associate, Clark Hanrattie. “We now have seen speedy success in latest acquisitions enhancing the actual property worth for our homeowners by implementing the identical instruments which have made us profitable for many years within the full-service phase.”
About HEI Lodges & Resorts
HEI Lodges & Resorts, headquartered in Norwalk, Conn., is a number one hospitality funding and administration firm that owns or operates 100+ luxurious, upper-upscale and upscale impartial and branded motels and resorts all through the USA. HEI’s branding companions embody Marriott, Hilton, Hyatt, IHG, Alternative and Wyndham. The corporate is famend for its dedication to its associates below the tradition of HEI Loves, its income administration, revenue contribution and empirically based mostly actual property worth creation, pushed by a full complement of proprietary software program instruments to set and exceed targets on a completely built-in foundation. HEI works hand-in-hand with institutional capital companions on current belongings below administration in addition to sponsored acquisition alternatives. The corporate has ample fairness capital and strategically co-invests with its companions on many transactions. To study extra about HEI, please go to