HEI Provides Beacon Resort & Company Quarters to Portfolio

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HEI Provides Beacon Resort & Company Quarters to Portfolio


NORWALK, Connecticut—HEI Lodges & Resorts added Beacon Resort & Company Quarters to its rising portfolio of luxurious, upper-upscale, and upscale impartial and branded lodges and resorts all through the US. Its portfolio now numbers greater than 100 complete properties.

Situated in Washington, D.C., the lodge is close to the White Home and inside strolling distance of 38 million sq. toes of business workplace actual property, Embassy Row, and the Nationwide Mall.

The Beacon Resort has 199 guestrooms, averaging 355 sq. toes, and contains 58 rooms with kitchenettes. The lodge additionally has the Beacon Bar & Grill and Beacon Sky Bar, which offer road visibility and may profit from the adjoining retail hall. The property can also be host to a health middle, enterprise middle, and over 10,000 sq. toes of occasion house.

The Beacon Resort & Company Quarters will quickly endure a multimillion-dollar renovation, which is able to a embody top-to-bottom replace of all guestrooms and loos, reimagining of the meals and beverage retailers, refurbishment of assembly areas, and enhancements to the health middle.

“Washington, D.C. is a unprecedented market that’s residence 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 well-liked lodge vacation spot. We’re additionally excited to ascertain a relationship with the proprietor, Three Wall Capital, LLC and sit up for delivering distinctive outcomes.”

“We really feel that HEI Lodges & Resorts is the best administration companion for the Beacon Resort,” 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 sit up for 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 embody Le Méridien Madison, Washington, D.C., and the Hyatt Regency Dulles.