Heathman Hotel, Sell Hotel and Name
to the Rim Corporation
Rim Adopts Heathman as New Name for Upscale Hotel Division
|Portland, OR., October 4, 2000 - The Stevenson family, general
partner of the Heathman Hotel and The Heathman Restaurant, has sold both
businesses and the Heathman name to The Rim Corporation of Modesto, CA.
The family’s decision to sell the hotel is the first step in reorganizing
and simplifying its holdings. Discussions between The Rim Corporation
and the Stevenson family regarding the sale of the property and name have
been taking place for several months. Rim will adopt the name, Heathman
Hotel, for its upscale, boutique division previously called Innkeeper Associates.
For the purchase of the Heathman Hotel & Restaurant, Rim has entered into a partnership with Taylor Clark, Inc., a company with roots in Great Britain. Rim has worked with Taylor Clark, Inc. previously on other hotel projects. To continue the Heathman Restaurant’s Northwest flair, Rim approached local restaurateurs Bill McCormick and Doug Schmick to operate the Heathman Restaurant.
“We are popping the champagne corks and celebrating,” said Rim CEO Mark Burden. “The Heathman Hotel is a world class property and is clearly a much-loved part of the Portland community. We are excited to be a part of this landmark property’s future.”
“The Rim Corporation is an excellent company with a great deal of experience in this industry,” said Stevenson family spokesperson and chairman of the Heathman Group Board of Directors, Warren Bean. “We are confident that Rim will continue to build on the Heathman’s reputation for excellence, and continue its position as champion of the arts in this community.”
Rim’s Innkeeper Associates, a division which maintains a focus on independent, unique, upscale boutique properties including San Francisco’s Inn at Union Square and Palo Alto’s Garden Court Hotel, will be renamed the Heathman Hotels. According to Jay Barter, Chief Operating Officer for The Rim Corporation, “The Heathman Hotel is slated to become the flagship property for this division. We feel finding the Heathman really solidifies our commitment to growing this boutique division of the company.”
Founded in 1983, The Rim Corporation is a California-based company with more than 17 years of experience in the hotel management field. Rim’s origin was a group of four families, which in 1965 founded the group MTSP as an agricultural and real estate development company. Eighteen years later MTSP evolved into The Rim Corporation with members of the original families remaining involved in the new company’s management.
Today, Rim manages 20 hotels throughout California. Uniquely they possess beginning-to-end capabilities as both a development and management group whose mission in the industry is to establish standards by which others are measured. Rim prides itself on building the right product in the right location to create a custom fit for the community and for guests.
Taylor Clark, Inc., a Delaware Corporation, is owned by Taylor Clark plc, a family-owned company established in Great Britain in 1938. Taylor Clark’s principal activities in England and Scotland are property development, farming, forestry, restaurants and movie theaters. The Clark family has invested in North America through its US subsidiaries since 1984. Its investments in North America include vineyards, almond orchards, hotels, office buildings, restaurants and retail shops.
With more than 30 years of experience creating restaurants that have become an integral part of Portland’s community and identity, McCormick and Schmick have signed a lease to manage the Heathman Restaurant. McCormick and Schmick’s role in the culinary community has been to provide Portlanders with the best in fresh Northwest style seafood.
Fostering and supporting the development of Philippe Boulot’s award-winning, French-Northwest style fare at the Heathman is a priority as McCormick and Schmick look to continue the tradition of the Heathman’s locally-owned and operated past.
What lies ahead for the Heathman Hotel & Restaurant?
Rim is committed to continuing the brand of excellence that is synonymous with the Heathman. Guests will continue to see Heathman traditions such as afternoon tea service
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