Sunstone Hospitality Management to Manage Doubletree Hotel Austin - University Area (United States)
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Sunstone Hospitality Management to Manage Doubletree Hotel Austin - University Area (United States)
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Category: North America & West Indies / Carribean islands - United States - Industry economy -
New brands / Affiliations
This is a press release selected by our editorial committee and published online for free on 2009-08-04
Second Management Contract with Owner, Pinnacle Hotels
Sunstone Hospitality Management (SHM), a division of the nation's largest independent management company, Interstate Hotels & Resorts (NYSE: IHR), today announced that it has entered into a contract to manage the 149-room, full-service Doubletree Hotel Austin-University Area in the state's capital city. The hotel is owned by San Diego-based Pinnacle Hotels USA. It is the second property SHM will manage for Pinnacle.
The six-story hotel recently completed a multi-million renovation that touched nearly every aspect of the property, including upgrades to all guestrooms, public spaces and meeting space.
"The hotel is in excellent physical condition and in a great location, directly across the street from the University of Texas campus and the Frank Erwin Center, the premier Austin venue for public and private events," said John Elston, SHM's executive vice president. "It also is convenient to the city's top attractions, key landmarks, shopping and major employers. Austin is the nation's second fastest growing metro area, and we believe this well-situated, amenity-rich property will appeal to growing numbers of both business and leisure travelers."
"This is our second property with Pinnacle, for whom we also manage the Riverside Marriott in California, and we believe this contract underscores their confidence in our ability to deliver solid results in challenging economic times."
"SHM is a proven commodity with us, a major advantage in today's uncertain market," said Dr. Barry Lall, president of Pinnacle Hotels USA. "In addition to their experience managing in a variety of economic climates, they have all the tools and the resources for this full-service, well-located property to reach its maximum operating potential."
Located at 1617 IH-35 North, the full-service property features 149 newly renovated guestrooms, complimentary high-speed Internet access throughout the hotel, a bar and grill, 24-hour newly renovated fitness center with Precor((R)) equipment, outdoor swimming pool, 4,500 square feet of newly renovated meeting space, including two boardrooms; and full-service in-house A/V and business center services.
Guestrooms feature Doubletree's signature Sweet Dreams((R)) bedding, 37-inch flat-screen TVs, spacious work desk and ergonomic chair, and two phones with data ports and voicemail and wireless high-speed Internet service.
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