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HEI Hotels & Resorts Completes $7 million Renovation of the
Le Meridien Hotel in Cambridge, Massachusetts

CAMBRIDGE, Mass., May 11, 2009 - Le Meridien Cambridge hotel today announced the completion of a three-month, $7 million renovation of its guest rooms and public space to enhance Cambridge's distinct and creative contemporary hotel. The hotel is owned and operated by HEI Hotels & Resorts.

The renovation included a total make-over of the hotel, upgrading all 210 guestrooms and the lobby, and adding Le Meridien signature touches, such as the LM Bed and the Transitional Portal, featuring the artwork of LM100 artist Younes Rahmoun. The property is Boston's only Le Meridien hotel.

"We are incredibly excited about the completion of this multi-million dollar renovation," said Chris Lamb, director of sales. "Formerly the Hotel @ MIT, Le Meridien Cambridge combines technology and luxury in the center of one of the world's most intellectually stimulating cities."

Guests may dine at Sidney's Grille, an innovative contemporary American grill that focuses on fresh local ingredients with a Mediterranean flair. The hotel's former library, located off the lobby, has been converted into multi-function space.

All renovated guest rooms are decorated in the traditions of architectural detail from its European residential style origins combining elements of design with classic sensibility. Each guestroom will feature flat-panel televisions, personal safes, Wi-Fi Internet access and luxury bedding. Meeting space was outfitted in a modern, contemporary style. With 7,800 square feet of state-of-the-art meeting space, the hotel can serve groups of up to 250 people. The hotel's 8,000 square-foot Roof Top Garden offers stunning views of the city and adjacent MIT campus and is equally well suited for weddings, social events and business meetings. More than 2,000 square feet of adaptable loft space was renovated to highlight Le Meridien's curated Unlock Art program, which will allow guests complimentary access to the nearby MIT Museum.

Located in the heart of University Park at MIT, the premier, award-winning office, high-tech and biomedical complex, and a short walk from Harvard Square, the property features 210 rooms, including 14 suites, 7,700 square feet of state-of-the-art meeting space, a full-service restaurant, a terrace garden for outdoor functions and a fitness center. The property is known for a distinctive guest experience, underscored by the attention to guest service and details.

About Le Meridien Hotel Brand

One of the latest additions to the Starwood family of brands, Le Meridien is a European-inspired brand comprised of luxury and upscale, full-service hotels, resorts and residences. Each of its hotels, whether city, airport or resort, has a distinctive character driven by its individuality and the Le Meridien brand values. With its underlying passion for food, art and style and its classic yet stylish design, Le Meridien offers a unique experience at some of the world's top travel destinations. For more information, visit

About HEI Hotels & Resorts

HEI Hotels & Resorts, headquartered in Norwalk, Conn., is a leading hospitality investment firm that acquires, develops, owns and operates full-service, upper-upscale and luxury hotels and resorts throughout the United States under such well-known brand names as Marriott, Sheraton, Westin, Le Meridien, Embassy Suites, and Hilton. For more information about HEI, visit the company's website,

Jess Petitt 
HEI Hotels & Resorts, +1-203-849-2228
Also See: HEI Hotels Third Private Equity Fund (HEI Hospitality Fund III, L.P.) Expected to Deploy $500 million in Equity to Acquire Luxury Hotels in the U.S. in 2009 / February 2009
HEI Hotels & Resorts Acquires Properties in Philadelphia and Cambridge, Massachusetts; Will Brand Both Le Méridien / December 2007



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