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 •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.