Integrated Capital Announces Completion of Multi-Million Dollar Renovation of DoubleTree by Hilton Hotel Pittsburgh – Meadow Lands
Integrated Capital Announces Completion of Multi-Million Dollar Renovation of DoubleTree by Hilton Hotel Pittsburgh – Meadow Lands
WASHINGTON, Pa.--(BUSINESS WIRE)--Integrated Capital, a Los Angeles-based, private real estate advisory and investment firm, today announced the completion of a multi-million dollar renovation of the 140-room DoubleTree by Hilton Hotel Pittsburgh – Meadow Lands. The hotel is operated by Hospitality Ventures Management Group (HVMG), a private hotel investment, ownership and management company, on behalf of Integrated Capital.
“Though construction materials are much harder to come by during the pandemic, we were able to complete this hotel refresh on-time and on-budget,” said Kenneth Fearn, managing partner, Integrated Capital. “The newly renovated hotel is better positioned to attract business and leisure guests who are ready to resume travel in a cautious manner. In addition to multiple guest room enhancements, we also have implemented HVMG’s new Trust & Preparedness initiative, a comprehensive, guest and associate safety and sanitation program designed specifically to create a welcoming and secure environment.”
The refurbishment focused on guestrooms and hallways. All rooms received new soft goods, including bedding, bed upgrades from double-double to queen-queen and new televisions. The hotel’s Wi-Fi infrastructure also was improved and now provides the “fastest-in-the-market” connectivity available. Additional improvements include exterior painting and lighting upgrades.
“With the completion of the upgrades, the hotel has achieved ‘like-new’ status, now exceeding what the marketplace has had to offer in terms of guest rooms and amenities,” noted Robert Cole, president and CEO, HVMG. “We continue to take great steps to not only improve the hotel physically, but to ensure that guests can feel assured of the level of cleanliness throughout the property and in their rooms. We are confident the hotel quickly will become a market leader.”
Located at 340 Racetrack Road just off I-79, the six-story hotel is adjacent to the Meadows Racetrack & Casino and less than a mile from Tanger Outlets, both of which are accessible by the hotel’s complimentary shuttle service. Each stay at a DoubleTree hotel begins with a warm, chocolate chip cookie upon arrival. Guests are invited to enjoy the outdoor pool or 24/7 fitness center. The hotel also provides approximately 13,000 square feet of meeting space, as well as two dining establishments, Maxwell’s Lounge, offering appetizers and drinks, and Maxwell’s Restaurant, serving steaks, pasta and seafood. Guest rooms include complimentary Wi-Fi, oversized, ergonomic workspaces and HDTVs.
About Integrated Capital, LLC
Integrated Capital, LLC is a private real estate investment and advisory firm that focuses on value-add and opportunistic hotel investments. The firm, founded in 2004, has acquired more than $500 million of select service, extended-stay and full-service assets encompassing Marriott, Hilton and IHG brands.
About Hospitality Ventures Management Group
Hospitality Ventures Management Group is a privately owned, fully integrated hotel investment and management group that specializes in turning around and repositioning underperforming hotels, as well as maximizing the performance of stabilized hotels. It currently operates 47 hotels and one convention center in 17 states totaling 7,773 guest rooms. HVMG operates independent and boutique hotels and resorts, as well as full-service, select-service and extended-stay hotels under the Hard Rock, Hilton, Hyatt, Marriott, and IHG brands. Visit www.hvmg.com for more information.
Contacts
Media:
Chris Daly
Daly Gray, Inc.
703-435-6293
chris@dalygray.com
