2-21-13 11:34 AM EST | Email Article

Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced the opening of Le Méridien Atlanta Perimeter, the first Le Méridien hotel to open in the Atlanta metropolitan area and one of nine new Le Méridien hotels slated to open within the next 12 months. Located in the bustling Perimeter Center business district, just minutes from downtown Atlanta, the hotel is owned by RockBridge Capital and managed by Wischermann Partners.

“The opening of Le Méridien Atlanta Perimeter is a true milestone as we kick off a year marked by strong growth momentum for Le Méridien,” said Brian Povinelli, Global Brand Leader, Le Méridien and Westin Hotels. “Since its acquisition by Starwood, Le Méridien has transformed under the company into a contemporary, design-led lifestyle brand, and we are proud to debut Le Méridien in the Southeast’s capital of business and culture with such great partners as RockBridge Capital and Wischermann Partners.”

Following a comprehensive, 12-month, $20 million renovation, Le Méridien Atlanta Perimeter boasts 275 spacious guest rooms and suites along with an outdoor pool, fitness center, spacious 12th floor club lounge, and 10,000 square feet of state-of-the-art meeting and event space. Guests can also enjoy a selection of coffees, cocktails and fine wines at Longitude 84, the hotel’s sleek new lounge, and Portico, the hotel’s ground-floor restaurant slated to open this spring, will feature an eclectic menu of globally inspired cuisine and a spacious terrace ideal for private gatherings and special events.

“The inspiring design featured throughout the spacious guest rooms and public areas, the newly created club lounge and the addition of a new restaurant with an expansive patio complete the transformation of this property,” said Jim Merkel, President and CEO of RockBridge. “The rebranding coupled with the strength of the Starwood system, will position Le Méridien Atlanta Perimeter as the premier hotel in the market. We are excited about adding this showcase property to our portfolio.”

Le Méridien Atlanta Perimeter features the Le Méridien Hub™ experience, which re-interprets the traditional lobby into a social gathering place for creative people to converse, debate, and exchange. Le Méridien Hub offers both guests and locals a creative atmosphere where contemporary, curated artwork sets the environment. Le Méridien Hub further builds on the brand’s award-winning arrival experience and coffee culture, curated by Le Méridien brand’s Cultural Curator Jérôme Sans. Le Méridien arrival consists of four elements: large-scale artwork in high impact areas to reset the mind and stimulate dialogue and curiosity; the sensory experience, illustrated through Le Méridien signature scent, sound and use of light, creating a unique and distinctive atmosphere; UNLOCK ART™ programme, featuring LM100 ™ artist designed key card collections that not only offer access to the guestroom but also to Le Méridien affiliated contemporary cultural centers in the city; and a 24-hour soundtrack curated by Sans.

Le Méridien Atlanta Perimeter is close to numerous Fortune 500 businesses and the shops and restaurants in the adjacent Perimeter Mall. The prestigious Buckhead shopping district, Atlanta Botanical Gardens, Zoo Atlanta and High Museum of Art are all nearby, and the hotel is located just five miles from DeKalb-Peachtree Airport (PDK) and 27 miles from Hartsfield-Jackson Atlanta International Airport (ATL).

“Our associates are very excited about reaching this milestone,” said Paul Wischermann, President of Wischermann Partners. “We will build memorable and personal experiences one customer at a time, positioning Le Méridien Atlanta Perimeter for future success and offering Starwood’s most loyal guests another great choice when visiting Atlanta.”

About Le Méridien Hotels & Resorts

Le Méridien, the Paris-born hotel brand currently represented by 100 properties in more than 40 countries, was acquired by Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) in November 2005. With over 80 of its properties located in Europe, Africa, the Middle East, and Asia-Pacific, Le Méridien provided a strong international complement to Starwood’s then primarily North American holdings at the time of purchase. Since then, Le Méridien has gone through a brand re-launch, which included a large scale hotels product consolidation as well as redefining its brand strategy. By appointing a full-time Cultural Curator – French arts-provocateur Jérôme Sans – Le Méridien transformed numerous guest touch points, thus bringing unique and interactive experiences to its guests. Plans call for dynamic expansion of Le Méridien Hotels and Resorts within the next five years, concentrating on markets in Asia-Pacific and the Americas. Le Méridien recently opened new hotels in Istanbul, Oran (Algeria), Arlington (Virginia, USA), Coimbatore (India), Koh Samui (Thailand), and Taipei, and will open in the next 12 months in Bali, Atlanta, Chicago, Zhengzhou (China), Mahabaleshwar (India), Ho Chi Minh City (Vietnam), Cairo (Egypt), Qingdao (China), and Dhaka (Bangladesh). For more information, please visit www.lemeridien.com or facebook.com/lemeridien.

About RockBridge

RockBridge is an integrated hotel investment firm that has executed on over 300 debt and equity hotel investments in the U.S. over the past two decades. Since 1992, RockBridge’s team has invested nearly $3 billion in the hospitality industry as part of approximately $5 billion of total transaction capitalization. The principals of RockBridge have formed and managed nine hospitality-focused investment funds across multiple platforms with predominantly institutional investors. For additional information about RockBridge, visit www.rockbridgecapital.com.

About Wischermann Partners, Inc.

Wischermann Partners, Inc. is a national hospitality firm, focused on the operations of upper upscale and luxury hotels. Recognized by clients, peers and industry experts, Wischermann Partners brings a unique mix of knowledge, experience and insight to hospitality management, development and acquisitions. Currently, Wischermann Partners operates a hotel portfolio of nearly 2,200 rooms. For more information about Wischermann Partners, please visit www.wischermannpartners.com.

Media:
Susan Magrino Agency
Courtney Marzahn / Dinah Saglio
+1 212-957-3005
courtney.marzahn@smapr.com

Copyright Business Wire 2013
Add a Comment

News   More...

Securities related to this article
Heavenly Hot Dogs, Inc. View hhdg Stock Quote
Hot Topic, Inc. View hott Stock Quote
Hot Pot Public Company Ltd View hotpot-f Stock Quote
Hot Pot Public Company Ltd View hotpot Stock Quote
Hot Topic, Inc. View hott Stock Quote
Hot Pot Public Company Ltd DR View hotpot-r Stock Quote
Hot Rock Limited View hrl Stock Quote
Starwood Hotels & Resorts Worldwide Inc View hot Stock Quote
Starwood Hotels & Resorts Worldwide Inc View hot Stock Quote
Hochtief AG View hot Stock Quote
 
Start Premium Trial Register For Free

P F Fund Financial Data (13,000+ funds)
P F Stock Financial Data (7,000+ stocks)
P F Stock and Fund Screeners (basic)
P F Investing Articles and Market Commentary
P F Articles Archive (>30 days)
P F Discuss (dozens of stock, fund, bond, and general bulletin boards)
P F Portfolio Manager (basic)
P F Morningstar Investment Classroom
P F Morningstar Investing Classroom Rewards (earn as you learn and redeem for Morningstar merchandise)
P   Morningstar Fund Analyst Reports (full research on 2,000 funds and ETFs)
P   Morningstar Stock Analyst Reports (full research on 2,000 stocks)
P   Morningstar Stock and Fund Stewardship Grades
P   Portfolio Manager (advanced with 10 x-ray analyses, including guidance)
P   Portfolio Monitor (monthly and on-demand personalized portfolio statements)
P   Morningstar Proprietary Stock Information (stock star ratings, buy/sell prices, economic moat ratings, and more)
P   Morningstar Stock and Fund Favorites & Red Flags eNewsletters
P   Premium Stock and Fund Screeners (advanced with nearly infinite ways to find the best securities for you)
P   Discounts on Morningstar newsletters, books, seminars, and more

Sign-up to Morningstar


Basic Access

Articles and Videos
Morningstar video reports, articles, data, and tools. Dig into our lineup of e-newsletters and investing classroom courses outlining sensible strategies for maximizing your investments.
Morningstar Discuss
Follow the buzz on individual stocks or fund families. Plus, read the latest posts from Morningstar members and analysts.
Portfolio Manager
Track your investments and watch lists with our Portfolio Manager. Customize your view with our comprehensive stock, fund, and ETF data.

Access these features and more when you sign up for Free Membership.
Join Morningstar today. It's Free.

Unlimited Access

Analyst Research
Gather in-depth, actionable insight on over 3,700 stock and mutual funds covered by Morningstar analysts. View our mutual fund Analyst Reports favored by professionals, savvy experienced investors, and new investors researching options for retirement savings, college plans, or other investment needs.
Portfolio X-Ray®
Ensure your portfolio is positioned exactly how you want with Morningstar's X-Ray Interpreter and Stock Intersection tools. A Barron's "Best of the Web" award winner for five years running, X-Ray Interpreter goes under the hood of your portfolio to provide a useful allocation, sector, and geographic analysis. And you can discover how much of a stock you really own, individually and through mutual funds, with Stock Intersection.
Investment Picks
Find new 5-star stocks (greatly undervalued companies) to consider daily. Our 5-star stock rating is a proven winner, consistently beating benchmarks like the S&P 500. Plus, browse our Fund Analyst Picks and Stewardship Grades to find shareholder-friendly mutual funds that are poised for outperformance.
Portfolio Monitor
Get a clear view of your investments with personalized reports about your portfolio. Receive monthly statements and generate reports on-demand to help you stay on track to meet your investment goals.

Access these features and more when you sign up for Premium Membership.
Start your free 14-day trial today online
Your subscription may be tax deductible. Please contact your tax advisor.

Morningstar - 2013/2/21 - Le Meridien Continues Strong Growth Momentum with Opening of Le Meridien Atlanta Perimeter
Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol |  Title Star Rating |  Category |  Total Assets |  Top Holdings |  Top Sectors |  Symbol |  Name Topic |  Sector |  Key Indicators |  User Interest |  Market Cap |  Industry Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol / Ticker |  Title Star Rating |  Category |  Total Assets |  Symbol / Ticker |  Name Title |  Date |  Author |  Collection |  Popularity |  Interest Title |  Date |  Company |  Symbol |  Interest |  Popularity Title |  Date |  Company |  Symbol |  Interest |  Popularity Title |  Date |  Author |  Collection |  Interest |  Popularity

Previous: Le Meridien Announces Comprehensive Renovation Strategy for Middle East and Africa Portfolio  |  Next: Le Meridien to Debut in New Orleans Following Strategic Conversion