HEI Assumes Management of Saranac Waterfront Lodge
HEI Hotels & Resorts, one of the nation's leading operators of institutionally owned full-service hotels across the United States, today announced that it has assumed management of the 93-room Saranac Waterfront Lodge in Saranac Lake, NY, joining HEI’s rapidly growing collection of independent hotels under management.
Saranac Waterfront Lodge, which opened in 2020, takes inspiration from prominent philosophers, literary icons, artists, and performers flocking to the Adirondacks to escape urban life and offers guests the chance to connect with nature and find inspiration in the stunning beauty of the Adirondack Mountains. The addition of this independent property is a testament to the power and scalability of HEI’s proprietary systems and tools being applied to small boutique hotels, whether for a seasonal destination resort like the Saranac Waterfront Lodge, or in a more urban setting.
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.