HB Exclusive: HEI assumes management of DC’s Beacon Hotel

HEI Hotels & Resorts has added the Beacon Hotel & Corporate Quarters in Washington, DC, to its growing portfolio of luxury, upper-upscale and upscale independent and branded hotels and resorts throughout the U.S.
The hotel is located close to the White House, Embassy Row and the National Mall, as well as 38 million sq. ft. of commercial office real estate.
The Beacon Hotel features 199 guestrooms, with 58 containing kitchenettes. Amenities include the Beacon Bar & Grill and Beacon Sky Bar, as well as a fitness center, business center and more than 10,000 sq, ft. of event space.
The property will soon undergo a multimillion-dollar renovation, which will a include top-to-bottom update of all guestrooms and bathrooms, a reimagining of the food & beverage outlets, the refurbishment of meeting spaces and enhancements to the fitness center.
“Washington, DC, is an extraordinary market that is home to a diverse range of high-profile points of interest,” said Anthony Rutledge, CEO, HEI. “We will capitalize on these demand drivers and position the Beacon as a preferred hotel destination. We are also excited to establish a relationship with the owner, Three Wall Capital LLC, and look forward to delivering exceptional results.”
Alan Kanders, managing member/founder, Three Wall Capital, said, “We feel that HEI Hotels & Resorts is the ideal management partner for the Beacon Hotel. Their extensive experience in this property segment and deep understanding of the DC market is a tremendous advantage, and we look forward to a successful collaboration.”
HEI manages a total of six properties in the DMV region, which is the metropolitan area centered around Washington, DC, and includes parts of Maryland, Virginia and West Virginia. They include Le Méridien Madison, Washington, DC, and the Hyatt Regency Dulles.
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