Gemstone Adds Glenn Hotel to Management Portfolio

It's the third management contract Gemstone has added in less than 60 days

• 
  SAVE
• 
  SHARE
• 
  TEXT SIZE
• 
  PRINT
• 
  COMMENT
• 
  PDF

. December 08, 2008

DECEMBER 8, 2008. Officials of Gemstone Hotels & Resorts, a full-service hotel management and asset management company that specializes in luxury and upscale urban hotels and complex, multi-faceted resorts, today announced that the company has added the 110-room Glenn Hotel, downtown Atlanta's first boutique hotel, owned by Legacy Property Group, to its management portfolio. It is the third boutique hotel management contract added by the company in less than 60 days.

"We feel confident that Gemstone Hotel & Resorts is the perfect fit for the Glenn Hotel, with their overwhelming experience in the luxury hotel market," said David Marvin, founder and president of Legacy Property Group. "Their creative strategy for managing the big picture combined with proven methods for driving revenue will make the Glenn Hotel a boutique hotel of choice where guests experience the highest levels of service."

This sophisticated boutique, housed in a converted historic former office building, also marks Gemstone's expansion into Georgia and the southeastern United States. The company's continued growth reflects its proven ability to generate optimum results in all economic climates and a growing demand for Gemstone's specialized services.

"We have experienced similar growth during the last two down cycles," said Thomas Prins, a principal of Gemstone. "During times like these, hotel owners shift to the top operators to protect their investments and optimize returns.

"There are not many boutique hotel operators like Gemstone who can provide the full range of services, from concepting to turn-around," he noted. "Our expertise in this niche market allows us to truly hone in on creating the right experience for independent high-end hotels and resorts. We look forward to working with this extraordinary property and a knowledgeable owner, Legacy Property Group, who seeks to provide a great guest experience for both the business and leisure traveler visiting Atlanta."

Located in the heart of the Luckie Marietta District, the Glenn Hotel is a contemporary, comfortable, 21st Century evolution of southern charm. The recently renovated property features chic d'ecor with a classic style. Each room is outfitted with plasma televisions, European-style bedding, pillow-top mattresses, rain-flowing shower head, designer H2O+ bathroom amenities, and oversized desks with Herman Miller Aeron chairs.

The property also features the Maxim Prime Steakhouse-the prototype for Maxim Magazine's and world-renowned restaurateur Jeffrey Chodorow's contemporary steakhouse concept. The restaurant offers superior service and exceptional fare in a distinct, sophisticated blend of contemporary design and comfort. .The candlelit Rooftop Bar features unparalleled views of downtown Atlanta, and the Lobby Bar offers an intimate setting for mingling and relaxing.

"This is a magnificent property and right in our strike zone-high-end boutique hotels with extraordinary food and beverage," said Jeff McIntyre, one of Gemstone's principals. "Our goal for this asset is to introduce a unique guest experience, enhance and focus the marketing and build on the hotel's already great foundation."