Vesta Hospitality Acquires Homewood Suites in La Quinta, CA

. February 07, 2014

La Quinta, CA - February 7, 2014 - Vesta Hospitality, together along with its partner Pathfinder Partners, LLC, today announced that it has acquired the Homewood Suites in La Quinta, California. Rick Takach, President and CEO of Vesta, made the announcement.

Vesta has been managing the property for the past four years. As a result, the company has a deep understanding of the 129-suite hotel, as well as its unique features and market strengths.

Pathfinder Partners is a San Diego-based real estate investment firm that seeks out and invests in value-add real estate opportunities.

“We are excited to partner with Pathfinder and add the La Quinta Homewood Suites to our portfolio,” said Takach. “There is no question that our management experience at the property helped us make this decision. It's one thing to look at a balance sheet but when you can couple that with the human element; that is knowing the hotel's culture, clientele and what makes it successful, you can make a truly informed decision.”

The La Quinta Homewood Suites is located in the heart of Coachella Valley, providing easy access to local businesses including Berger Foundation, Betty Ford Cen-ter and JFK Memorial Hospital. The hotel received the 2013 TripAdvisor Certificate of Excellence Award.

About Vesta Hospitality

Founded in 1996 and headquartered in Vancouver, WA, Vesta Hospitality is one of the nation's leading, privately owned hotel management and development firms. With a port-folio of eleven properties across the United States, Vesta continues to seek out opportu-nities in key markets across North America. For more information regarding Vesta Hos-pitality and to discuss possible partnership opportunities, please contact Rick Takach at (360) 737-0442.

Media contact:

Paul Kesman
T: 248-321-2035
E: pkesman@pdkpr.com

Subscribe to our newsletter
for more Hotel Newswire articles

Related News

Choose a Social Network!

The social network you are looking for is not available.

Close
Coming up in January 2020...

Mobile Technology: Meeting Tech Expectations

What once seemed futuristic is now the norm, owing to the escalating developments in mobile technology, and hotels must continue to innovate in order to meet guest expectations. In a recent study from Mower, 65 percent of guests said they would gladly pay more for a hotel that provides the mobile technology they deem essential. The same study shows that 44 percent of travelers are more likely to book a smart hotel, and nearly 7 in 10 want to use smart devices provided by the hotel. And how do guests wish to use all this technology? A majority expressed a desire for mobile check-in and check-out, and mobile payment options. They also want to be able to stream content from their phone to the TV; to make service requests of the hotel staff; to control in-room lighting, temperature and sound; to order food and beverages; and to request a wake-up call - all from their mobile device. Guests also expressed preferences for robust wi-fi and convenient device charging ports throughout the hotel. They also appreciate the use of hotel branded apps which allow a guest to book a room, access loyalty programs, receive discounts and rewards, and even use the app to choose the room, floor and view they prefer. Some hotel apps also allow a customer to track their charges throughout their stay, rather than waiting to receive a bill at the end. Finally, mobile tech lounges are popping up more frequently in some hotels. These lounges offer guests the opportunity to perform tasks like airline check-ins or access to local info guides, but they also provide a place where guests can comfortably get some work done outside their room. The January Hotel Business Review will report on what some hotels are doing to meet their customers' expectations in the mobile technology space.