HEI Hotels & Resorts, one of the nation’s leading operators of institutionally owned hotels with a portfolio of more than 100 properties across the United States, has added The Westin Dallas Downtown to its portfolio, bringing the total number of hotels managed in the Dallas market to five. HEI now manages a total of 15 properties in the state of Texas.
The Westin Dallas Downtown opened in 2015 and features 326 rooms, 34,000 square feet of flexible meeting and banquet space, a three-meal restaurant and lobby bar, an indoor swimming pool and a fitness center. The property is located in the heart of the Dallas CBD, within walking distance of the Kay Bailey Hutchinson Convention Center and surrounded by more than 34 million square feet of office space. The Westin is part of One Main Place, a 33-story mixed-use development that also includes office and retail.
“The Westin Dallas Downtown 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 the property owner, KFK Group, a new HEI partner,” said Anthony Rutledge, Managing Partner and CEO at HEI.
About HEI Hotels & Resorts
About HEI Hotels & Resorts HEI Hotels & Resorts, headquartered in Norwalk, Conn., is a leading hospitality investment and management company that owns or operates more than 100 luxury, upper-upscale and upscale independent and branded hotels and resorts throughout the United States. HEI’s branding partners include Marriott, Hilton, Hyatt, IHG, Choice and Wyndham. The company is renowned for its commitment to its associates under the culture of HEI Loves, its revenue management, profit contribution and empirically based real estate value creation, driven by a full complement of proprietary software tools to set and exceed targets on a fully integrated basis. HEI works hand-in-hand with institutional capital partners on existing assets under management as well as sponsored acquisition opportunities. The company has ample equity capital and strategically co-invests with its partners on many transactions. To learn more about HEI, please visit www.heihotels.com.
