White Lodging Acquires Marriott Plaza San Antonio Downtown Adding to Its Owned and Managed Portfolio

USA, San Antonio, Texas. September 16, 2019

White Lodging, in partnership with REI Real Estate Services, today announced its continued growth in Texas with the acquisition of the Marriott Plaza Hotel in downtown San Antonio to its growing owned and managed portfolio of premium-branded hotels.

The 251-room property is a six-acre urban oasis in the heart of downtown San Antonio, complete with sun-bathed courtyards, sparkling fountains and lush gardens. Guests can also enjoy a beautifully landscaped outdoor pool and 17,000 square feet of meeting space, which includes several historic 19th century bungalows converted into unique meeting spaces.

The property's premium South Alamo Street location is adjacent to the La Villita Historic Arts Village and 96-acre Hemisfair Park, which recently received funding for a $200 million redevelopment. It's also only two blocks from the famous River Walk and the recently expanded Henry B. Gonzalez Convention Center.

White Lodging anticipates investing in an extensive renovation of the property that will commence in the summer of 2020.

"We see San Antonio as a growing market for us and this acquisition provides an array of value enhancement opportunities for guests, the community and our company," said Deno Yiankes, president and CEO, investments and development at White Lodging. "When our extensive planned renovation is complete, the hotel will offer a completely differentiated and upscale experience like no other in downtown San Antonio."

White Lodging currently owns and/or operates more than 10 other hotels in Texas - with several additional hotels currently under construction, including the 613-room Austin Marriott Downtown set to open in summer 2020. White Lodging will also operate the Canopy by Hilton San Antonio River Walk, which is currently under construction and anticipated to open in mid-2020.

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 March 2020...

Human Resources: Confronting a Labor Shortage

With the unemployment rate at its lowest level in decades (3.7%), what has always been a perennial problem for human resource professionals - labor shortage - is now reaching acute levels of concern. It is getting harder to find and recruit qualified applicants. Even finding candidates with the skills to succeed in entry-level positions has become an issue. In addition, employee turnover rates remain extremely high in the hotel industry. As a result of these problems, hotel HR managers are having to rethink their recruitment strategies in order to hire the right talent for the right job. First, hotels have been forced to raise their wages and offer other appealing perks, as a way to attract qualified candidates. Secondly, HR managers are reassessing their interviewing techniques, focusing less on the answers they receive to questions and more on observable behavior. Part of this process includes role-playing during the interview, so that the recruiter can gauge how a candidate works through specific problems and interacts with other team members. Additionally, some HR managers are also creating internal talent pools as a way to address labor shortages. Instead of utilizing department resources to find new hires with specific skills for needed positions, hotels are cultivating talent pools internally and preparing their employees to assume leadership roles whenever the time comes. They are also placing greater emphasis on a company culture that is more performance-based, as a way to curb employee turnover, increase employee satisfaction, and assure higher levels of customer service. Finally, recognizing the importance of employee retention as a way to lessen the impact of a tight labor market, some HR managers are instituting generous reward programs in order to retain their top performers. The March Hotel Business Review will explore what some HR professionals are doing to address these and other issues in their departments.