HEI Hotels & Resorts has assumed management of a portfolio of four Marriott-branded hotels in the Lake Buena Vista area of Orlando, Fla. The properties are owned by L+R Hotels and include a total of 1,590 rooms across four hotels.
The portfolio consists of the Sheraton Orlando Lake Buena Vista Resort and three properties that make up the Marriott Orlando Village complex: Courtyard by Marriott, SpringHill Suites by Marriott and Fairfield Inn & Suites by Marriott.
The hotels are located in Lake Buena Vista, near Orlando’s Disney Theme Parks, Universal Theme Parks, Sea World and Universal Epic Universe. The Sheraton Resort is currently completing a renovation of guest rooms, public spaces and approximately 40,000 square feet of outdoor and indoor meeting space.
Together, the 490-room Sheraton Resort and the Marriott Village hotels with 1,100 rooms offer meeting space, food and beverage options, swimming pools, a spa and fitness centers.
“The relationship between HEI and L+R Hotels has expanded by identifying opportunites in key markets where we can effectively align our mutual objectives to maximize market positioning and deploy operating efficiencies and creative strategies”, said HEI Hotels & Resorts CEO and managing partner, Anthony Rutledge. “HEI’s management platform, track record of excellence and ability to complex multiple properties in order to execute an effective business plan will help to bolster performace and generate value for this portfolio of Orlando hotels.”