Spire Hospitality Completes More Than $125 Million Of Renovations In 2015

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Spire Hospitality, one of the nation’s leading and most respected hotel management companies, will kick off 2016 having just completed more than $125 million in hotel renovations and re-positionings in 2015, working in partnership with AWH Development, a subsidiary of AWH Partners.

Spire Hospitality, one of the nation’s leading and most respected hotel management companies, will kick off 2016 having just completed more than $125 million in hotel renovations and re-positionings in 2015, working in partnership with AWH Development, a subsidiary of AWH Partners.

“Our team has been working hard to see the total transformation of 2,811 guestrooms and suites across 12 of our hotels,” says Bill DeForrest, president & CEO of Spire Hospitality. “The enhancements and re-positionings that have taken place in 2015 will allow us to continue to build on the tremendous success these hotels have enjoyed, while attracting new clientele to these totally transformed assets.”

Kicking off 2016 will be the opening of the beautiful Staybridge Suites hotel in midtown Atlanta in early January as part of our dual brand Crowne Plaza, Staybridge development in this very dynamic market. “Launching this first extended stay product in our first co-branded development is an exciting next step in our company’s growth,” DeForrest said. “Opening the Staybridge Suites and completing the total transformation of the Crowne Plaza, including all 360 guestrooms, 33,000 square feet of meeting and conference space, 24 hour expanded fitness center, two restaurants and lounges, extensive market and Thrive coffee bar, totally transforms this asset within the very dynamic midtown Atlanta market all within 18 months of the hotel’s acquisition.”

As part of the more than $50 million transformation of Spire’s Embassy Suite portfolio, the Embassy Suites by Hilton El Paso, Texas will open in mid-January. Having spent all of 2015 completely renovating and repositioning its 1,904 suite Embassy Suites portfolio, located in some of the most dynamic markets across the country, these hotels are all posed to have a great 2016.

The Spire Hospitality team will be renovating and enhancing the 1,004-room DoubleTree by Hilton Orlando at SeaWorld with a new 30,000 square foot conference center and major public space improvements. In addition, The Westin Dallas Park Central will undergo $20 million in significant renovations of the 536 rooms and 42,000 square feet of meeting and event space and debut a beautifully transformed facility in 2016.

In recapping 2015 success, DeForrest says, “We are proud of what we have accomplished in 2015, and even more excited about the redevelopments that showcase outstanding hotels with great brands within strong markets - all extremely well positioned to perform exceptionally well. The repositioning of hotels within Spire Hospitality’s portfolio ensures a pace for healthy growth in 2016.”

Owned by AWH Partners, LLC, a privately held real estate investment, development and management firm, Spire Hospitality is a leading provider of management services for hotel owners and investors.

For more information on Spire Hospitality, visit http://www.SpireHotels.com or call (847) 498-6650.

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Autumn Mayfield
The Mayfield Group
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