TYSONS, Va.--(BUSINESS WIRE)--
Park Hotels & Resorts Inc. (“Park”) (NYSE:PK) announced today that the
company recently completed a $14 million renovation and repositioning of
its DoubleTree Fess Parker hotel, including a rebrand to the Hilton
Santa Barbara Beachfront Resort. The hotel is owned in a 50-50 joint
venture along with its partner, the Fess Parker family.
The comprehensive renovation entailed a remodel of the hotel’s 360
guestrooms including all new case goods, floor and wall coverings, as
well as a bathroom remodel including converting bathtubs to showers in
the King bedded rooms. In addition, the scope included a full renovation
of the hotel’s 40,000 square feet of meeting space, while further
enhancing the arrival experience with entirely new flooring, soft
seating and case goods throughout the lobby, in addition to new
front-desk pods.
“We are thrilled with the enhancements made to this iconic hotel, and
the up-branding should help to solidify the hotel’s position as one of
the preeminent resorts and meeting platforms in Santa Barbara. The
renovations and repositioning were designed to meet the needs of today’s
business and leisure travelers while paying respect to the resort’s rich
history, stunning location and the unique culture of Santa Barbara,”
said Thomas J. Baltimore, Jr., Chairman and Chief Executive Officer of
Park Hotels & Resorts.
“The resort may have a new look and a new name, but will continue to
provide the same first-class visitor experience that has made both
locals and travelers feel at home for several decades,” said Eli and
Ashley Parker, son and daughter of Fess Parker.
About Park Hotels & Resorts
Park Hotels & Resorts Inc. (NYSE: PK) is the second largest publicly
traded lodging real estate investment trust with a diverse portfolio of
market-leading hotels and resorts with significant underlying real
estate value. Park’s portfolio currently consists of 55 premium-branded
hotels and resorts with over 32,000 rooms located in prime U.S. and
international markets with high barriers to entry. For additional
information, please visit Park's website at www.pkhotelsandresorts.com.
For additional information or to receive press releases via e-mail,
please visit our website at
www.pkhotelsandresorts.com
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Park Hotels & Resorts
Ian Weissman, 571-302-5591
Senior
Vice President, Corporate Strategy
[email protected]
Source: Park Hotels & Resorts Inc.