Marriott Jacksonville Downtown Hotel — Photo by HEI Hotels

HEI Hotels & Resorts, one of the nation's leading operators of institutionally owned full-service hotels with a portfolio of more than 100 properties across the United States, recently announced that it has assumed management of the 354-room Marriott Jacksonville Downtown Hotel in Jacksonville, Florida. Owned by L+R Hotels, the Marriott is situated in the heart of downtown along the St. John’s River and is convenient to all city attractions, cultural arts and sports venues, the convention center and corporate headquarters offices.

“We are excited to continue the expansion of our relationship with HEI through their management of this Marriott hotel, one that has been very important to downtown Jacksonville’s business, convention and tourist communities for many years,” said Neil Kirk, COO of L+R Hotels, which owns the hotel.

“HEI’s growing relationship with L+R Hotels is highly rewarding as we continue to align our mutual objectives and maximize operating performance and the value of high-quality assets, such as the Marriott Jacksonville Downtown Hotel,” said HEI Hotels & Resorts CEO and Managing Partner, Anthony Rutledge. “HEI’s management platform and repositioning skills will help to further establish the hotel as one of Jacksonville’s premier lodging experiences and the hotel of choice for many visitors.”

The Marriott Jacksonville Downtown Hotel provides a rooftop swimming pool with dramatic views of the St. John’s River and city skyline, and nine meeting rooms that comprise nearly 13,000 square feet of meeting and event space, including a 7,000-square foot ballroom. The hotel’s food and beverage facilities include a three-meal restaurant, a coffee shop and a lobby lounge. A comprehensive renovation of the hotel is in the planning stages with completion anticipated in the first quarter of 2024.

About HEI Hotels & Resorts

HEI Hotels & Resorts, headquartered in Norwalk, Conn., is a leading hospitality investment and management company that owns or operates approximately 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.