HEI Hotels & Resorts Acquires Marriott-Branded Properties in Orlando, Florida

HEI Hotels & Resorts has acquired a portfolio of four Marriott-branded hotels in Orlando, Florida, from L&R Hotels. The portfolio consists of 1,590 rooms, including the Sheraton Orlando Lake Buena Vista Resort and three Marriott Village hotels. HEI will manage the properties, which are located near Disney theme parks and Universal Theme Parks. The company's management platform and track record of excellence are expected to bolster performance and generate value for the portfolio.