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Follow on Google News | Lake Eve Resort Expands Hostmark's Luxury PortfolioHostmark Hospitality Group has added Lake Eve Resort, an all-suite luxury hotel in Orlando, Florida, to its Southeast region of operated assets.
Lake Eve Resort (http://www.lakeeveresort.com) Travelers enjoy private balconies, fully equipped kitchens and dining areas, complimentary wireless high speed Internet and luxury bath amenities. Onsite facilities include the Siddhi Bar and Grill, a heated pool, hot tub, fitness center, sauna, game room and complimentary shuttle service to theme parks and attractions. Lake Eve Resort’s new General Manager, Jerry Barnes, brings Orlando expertise and a strong operational background to the position. With over twenty years of experience in hospitality management, he previously headed successful teams at Crowne Plaza Orlando Downtown, Holiday Inn-Orlando North and Crowne Plaza International Drive. Jerome F. Cataldo, President of Hostmark Hospitality Group, commented, “The Hostmark team is looking forward to working with The Arden Group and Eightfold, contributing increased asset value through effective operation of Lake Eve Resort. Hostmark has extensive experience in the Orlando market, and Lake Eve Resort is an exquisite addition to Hostmark’s resort management portfolio, as well as a competitive presence with great upside potential in the Orlando hospitality market." About Hostmark Hospitality Group: Hostmark Hospitality Group is a leading hospitality management firm with consistent leadership spanning more than four decades, operating upscale full service hotels, independent boutique hotels, luxury resorts, select service hotels, attractions and concept restaurants worldwide. Headquartered in Schaumburg, IL, with offices in Miami, FL; Denver, CO; and Cairo, Egypt, Hostmark Hospitality Group is an award-winning operator of Marriott, Hilton, Intercontinental Hotels Group, Starwood and Wyndham Hotels. Hostmark Hospitality Group has a proven longstanding reputation for delivering superior results through forward focused ingenuity and exceptional asset management. http://www.hostmark.com About The Arden Group The Arden Group acquires, develops and manages full-service hotels and office properties in major U.S. markets where demand is proven but assets remain undervalued. Arden Group acquired its interest through Arden Real Estate Partners I, L.P., a discretionary real estate fund launched in April 2012. This is Fund’s second hotel acquisition this year. Since its founding in 1989, Arden Group has purchased or developed more than $1.5 billion of real estate. Arden Group's property and asset management division has managed more than $5 billion of assets. http://www.ardengroup.com About Eightfold Real Estate Capital Eightfold Real Estate Capital, based in Miami Beach, Florida, focuses on distressed and value-add commercial real estate debt investments and strategic advisory on loan workout and restructuring for commercial real estate owners. Eightfold was established by former senior executives of a leading investor in below-investment- End
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