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Waramaug Renovates Northeast Fairfield Inn Portfolio

Category:Industry Key Words:Waramaug LS Hotels,renovations,Fairfield Inn,Marriott hotels Time:2017-01-06 17:13

BOCA RATON, Fla.—Waramaug LS Hotels, a private investment group, has completed extensive renovations of six Fairfield Inn by Marriott hotels, totaling over 680 rooms, located throughout New England.

Purchased in the first quarter of 2015, the portfolio comprises the Fairfield Inn Burlington in Williston, Vermont; Fairfield Inn Portsmouth Seacoast in Portsmouth, New Hampshire; Fairfield Inn Amesbury in Amesbury, Massachusetts; Fairfield Inn Boston Woburn Burlington in Woburn, Massachusetts; Fairfield Inn Boston Tewksbury Andover in Tewksbury, Massachusetts; and the Fairfield Inn New Haven in Wallingford, Connecticut.

The renovations began in late 2015 and included the expansion of the existing breakfast areas, development of new exercise rooms, complete renovation of all 683 guest rooms, including all new finishes and case goods, and all bathrooms and conversion of 75 percent of the bathrooms to shower-only facilities, and the implementation of exterior modifications, new paint schemes, brand prototype porte cocheres, upgraded parking lots, with new landscaping, as well as updated public areas, such as lobby, front desk and office spaces. The renovation was completed based on Marriott’s new Fairfield Inn prototype design scheme.

“These newly renovated properties are now able to be more competitive and outperform their competition,” said Jay Litt, executive vice president of Waramaug Hospitality Asset Management. “This was an intensive undertaking by our team, simultaneously renovating six assets during the winter months. By adding these new features, all six hotels are now on pace to reach their budgeted goals and exceed guest expectations in their respective markets.”

The six hotels are all single-building, interior-corridor hotels, ranging from three to five stories and containing between 105 and 133 guest rooms. They were originally built in the late 1980s as Susse Chalet hotels.

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