Three Management Deals to Know

NATIONAL REPORT—What’s new in hotel management? Crescent Hotels & Resorts, Hotel Equities and Benchmark have added properties to their portfolios. Here are the details:

Miramonte Indian Wells Resort & Spa, Joins Crescent’s Latitudes Collection
The Miramonte Indian Wells Resort & Spa will join Crescent Hotels & Resorts “Latitudes” collection of lifestyle resorts. The 11-acre property has 215 guestrooms, suites and villas, affiliation with Hilton’s Curio Collection, Well Spa, golf and tennis, fitness programs, outdoor games and activities, and views of the Santa Rosa Mountains. Property highlights include rooms and suites with patios and balconies, two on-site restaurants with locally sourced specialties, more than 35,000 sq. ft. of event space for 10-500 guests, a large fire pit for gathering, and three pools with cabanas and daybeds, including a quiet pool and hot and cool water retreats.

Hotel Equities to Operate Dual-Branded Marriott Hotel in British Columbia
Atlanta-based hotel owner, operator and developer Hotel Equities has been selected as the management firm for the 258-room Four Points by Sheraton and Residence Inn by Marriott dual-branded hotel. The hotel site is located at in Langley, BC. Construction on the hotel, owned by Mitchell Hospitality Inc., is anticipated to begin mid-2019 with plans to open in 2021.

Benchmark Assumes Management of Spruce Point Inn
The owners of Spruce Point Inn have concluded the sale of the property to Stonehouse Capital; and after consideration, Stonehouse Capital has engaged Benchmark to operate Spruce Point Inn as part of its Gemstone Collection.

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