News for the Hospitality Executive |
Just two hours south of Portland and only minutes from downtown Eugene and the University of Oregon, the Valley River Inn offers 257 guest rooms and suites and 15,000 square feet of meeting space, the most comprehensive meeting facilities in the area. The Valley River Inn also offers the local’s favorite dining, SweetWaters restaurant, in addition to access to nearby recreation including 12 beautiful miles of paved cycling and running paths on the riverwalk. The hotel is conveniently adjacent to the “We have had a long standing presence in the Northwest marketplace dating back to 1993 and are excited to continue our growth in the “Valley River Inn has a great history and bond with the community that is very special,” said Seth Singerman on behalf of Singerman Real Estate and Blue Vista Capital Management. “We welcome becoming part of the Eugene community and are genuinely pleased to have acquired this exceptional independent hotel and the management expertise of Destination® Hotels and Resorts. Our collective vision is to further improve the guest experience through great service and our commitment to implement a multi-million dollar capital plan for overall property renovations, encompassing guestrooms, meeting spaces, SweetWaters, and public spaces." In addition, The Valley River Inn will now participate in all Destination® Hotels & Resorts customized marketing solutions and proprietary platform of sales and marketing resources, including national sales offices, Destination Earth, Destination Meeting Collection and the Destination Delivers loyalty program. As part of Destination® Hotels & Resorts strong growth and presence in the Pacific Northwest, this latest acquisition will benefit from the synergy among the diverse Destination® Northwest properties and the resources, shared knowledge, and extensive customer loyalty of the region. About Destination Hotels & Resorts Destination Hotels & Resorts is a privately held hospitality management company headquartered in About Blue Blue Vista Capital Management, LLC is an investment management firm based in About Singerman Real Estate Singerman Real Estate, LLC is an opportunistic and value-add real estate investment firm that has a depth of experience executing complex transactions and unlocking embedded value during the course of ownership in properties, real estate loans, and real estate operating companies. SRE focuses on maximizing risk-adjusted returns through investments in both debt and equity across all major asset classes including office, retail, hotel, multi-family and senior housing. Mr. Singerman, Managing Partner of SRE, has sourced over $1.5 billion of direct investments in properties and performing and non-performing loans. For a complete list of properties in the Destination Hotels & Resorts collection, please visit www.destinationhotels.com. |
Contact:
Amber Connor Turner PR 44 Cook Street, Suite 650 Denver,CO80206 303.333.1402(o) 303.324.3577 (c) |