HEI Hotels & Resorts has added the Renaissance Meadowlands Hotel to its portfolio. It was acquired by a joint venture between HEI and Westport Capital Partners. It marks HEI’s first partnership with Westport.
The hotel has 167 guestrooms, Finch’s Restaurant and Lounge, which features farm-to-fork taste of the times with modern American cuisine, a fitness center and approximately 5,700 sq. ft. of meeting space.
“Located near the American Dream, the Meadowlands Stadium (where 8 FIFA World Cup games will be played in 2026) and with close proximity to Teterboro airport, the Renaissance Meadowlands is the best full-service hotel product in the submarket,” said Anthony Rutledge, CEO, HEI. “We are excited to build a new partnership with Westport Capital Partners as we work to align our mutual objectives to maximize value of institutional-quality assets.”
Sean Armstrong, managing partner, Westport Capital, added, “The Renaissance Meadowlands is a fantastic property in a prime location, and we are looking forward to leveraging these features to reinforce its position as one of the market leaders and also to building a relationship with HEI.”
The post HB exclusive: HEI adds Renaissance Meadowlands Hotel to portfolio appeared first on hotelbusiness.com.
Appeared first on: hotelbusiness.com
Kinseth Hospitality opens TownePlace Suites Duluth
Kinseth Hospitality Companies has opened the TownePlace Suites Duluth, marking the second hotel in its portfolio in the town of Duluth, MN, and the 10th TownePlace Suites branded hotel built and opened by the company. The 100-key hotel offers suites with full kitchens and hotel amenities such as complimentary hot breakfast, a large indoor pool, a fitness center and onsite guest laundry. “We are … [Read More...]
OpenAI Unveils 'Operator', a Revolutionary Agent Capable of Booking Your Travel
OpenAI has launched a new AI model, ChatGPT, which is capable of performing web&based tasks such as complete purchases for things like travel, groceries, events, restaurant reservations and more. Appeared first on: hotelnewsresource.com … [Read More...]
Future Outlook of the Hotel Industry by 2025
The hotel industry is expected to undergo significant changes in 2025, with a major focus on sustainability, technology integration, and personalized guest experiences. Appeared first on: hotelnewsresource.com … [Read More...]
Hotel Technology in 2025: Critical Tools for Success
From AI&powered personalization to sustainable smart technologies, the hospitality industry is undergoing a digital revolution that promises more intuitive, efficient, and memorable stays. Let’s explore the technologies that will shape the success of your properties this year. Appeared first on: hotelnewsresource.com … [Read More...]
Hyatt Unveils Plans for First Latin American Alila Resort
Hyatt Hotels Corporation and RLH Properties have disclosed their plan to rebrand and transform the Andaz Mayakoba Resort Riviera Maya into Alila Mayakoba, marking Alila's debut in Latin America and the Caribbean. Appeared first on: hotelnewsresource.com … [Read More...]