HEI Assumes Management of Renaissance Dallas North Hotel
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 337-room Renaissance Dallas North Hotel in Dallas, Texas. Owned by L+R Hotels, the Renaissance is located along Interstate 635 just minutes from downtown Dallas, Dallas/Fort Worth International Airport, the thriving...
“Our relationship with HEI continues to grow and we are pleased to entrust their expertise to manage this Renaissance hotel which is strategically located in one of Dallas’s most dynamic submarkets and proximate to DFW Airport and many major business centers,” said Charles Macon, CEO of L+R Hotels – The Americas, which owns the hotel.
“HEI continues to strengthen its relationship with L+R Hotels by consistently aligning our mutual objectives to maximize operating performance and the value of high-quality assets,” 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 the premier lodging experiences for Dallas visitors.”
The Renaissance Dallas North Hotel provides an outdoor swimming pool, a fitness center, and 18 meeting rooms that comprise nearly 25,000 square feet of meeting and event space, including a 5,600-square foot ballroom. The hotel’s food and beverage facilities include a three-meal restaurant and lounge and a coffee shop. A comprehensive renovation of the hotel is in the planning stages with completion anticipated in 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.
About L+R
London and Regional (L+R) is a privately held global investment firm with a £10bn+ wholly owned real estate portfolio, including 115 hotels across 9 countries and a more than 30-year track record of value creation. The firm operates across Hotels, Commercial Real Estate, Private Credit, and Ventures, offering capital partners a vertically integrated platform with unmatched alignment of interest through significant co-investment and flexible capital.
About Iconic Hotels & Resorts
Iconic Hotels & Resorts is a collection of owned and managed hotels united by a commitment to craft, character, and consistently elevated hospitality. Each property celebrates distinctive architecture, cultural heritage, and a strong sense of place, delivering outstanding experiences across the luxury and lifestyle sectors. Along with a robust pipeline of upcoming conversions and new acquisitions, the initial Iconic portfolio comprises 14 properties, 10 in the UK and four across the US and Europe, including Cliveden House, Chewton Glen, The Lygon Arms, The Mole Resort, The Lensbury, 11 Cadogan Gardens, The Chelsea Townhouse, The Mayfair Townhouse, Strand Palace, Nobu Hotel London Portman Square, Marriott Brussels Grand Place, Hotel Excelsior Venice Lido, Palm House in Palm Beach, and Gran Marbella Resort & Beach Club.
About Atlas Hotels
Atlas Hotels, owned by L+R, is the largest franchisee of Holiday Inn Express hotels in the UK and Europe. Atlas currently owns and operates 57 Holiday Inn Express hotels, two Hampton by Hilton hotels and one Holiday Inn; the 60 hotels have 7,555 bedrooms and feature in key business and leisure destinations throughout the UK.