"With plenty of available capital and a best-in-class operating platform, HEI continues to pursue acquisition opportunities such as these two deals," Rutledge said. "We are confident that the next few years will continue to offer great opportunities for us to deploy equity and create value for all of our stakeholders."
About HEI Hotels & Resorts
HEI Hotels & Resorts, headquartered in Norwalk, Connecticut, is a leading hospitality investment firm that acquires, develops, owns and operates premium select-service, full-service, upper upscale and luxury hotels and resorts throughout the United States under such well-known brand families as Marriott, Starwood and Hilton. HEI takes a holistic approach to creating value for its investors and employees by setting the highest standards across all aspects of hotel management and operation and focusing on the central principles of excellence and continuous improvement. HEI prides itself on some of the highest employee satisfaction scores in the hospitality industry, fuels local economic prosperity by investing in communities and is committed to environmental stewardship and sustainability.
For more information about HEI, visit the company's website, www.heihotels.com.SOURCE HEI Hotels & Resorts