Hotel Equities Adds Boutique Hotel to Portfolio
Tuesday October 8th, 2013 - 9:23AM AO
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PUNTA GORDA, FL—Atlanta-based Hotel Equities added the management contract for The Wyvern Hotel, a boutique hotel located here, to its portfolio.
This 63-room hotel, located on South Florida’s Gulf Coast, marks the first addition for Hotel Equities after the firm completed a joint venture with Alliance Hospitality that increased their portfolio to more than 55 hotels.
“We are delighted to expand our portfolio in Florida with this beautiful and tastefully-appointed hotel,” stated Brad Rahinsky, COO of HE. “We look forward to a rewarding and profitable working partnership with the hotel’s ownership group as we add value to this asset.”
The hotel features bell service, a guest fitness center with LifeFitness equipment and concierge service.
Tags: Hotel Equities • The Wyvern Hotel • Hospitality • Amenities • Management Companies •
The theme of this year’s ALIS conference was “Don’t Worry, Be Happy.” But, lets face it, there are always going to be some people who aren’t happy unless they are worried about something—whether it’s the Fed potentially raising interest rates or that the price of oil is now too low, threatening to cripple the economies of some foreign nations.