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Denver,
CO – April 2022 / Newsmaker Alert: Tom Luersen, president of CoralTree
Hospitality, announces that the company is expanding its portfolio
with Tavistock Development
Company after the successful launch of the Lake
Nona Wave Hotel, which opened in December 2021. CoralTree now also
manages four of the development company’s Marriott branded properties in
Lake
Nona including a Courtyard, Residence Inn, SpringHill Suites and a
new Aloft Hotel, which is scheduled to open in the fall of 2023.
“It’s
a great compliment when owners choose to expand their partnership with
us,” said Luersen. “We’ve had a great relationship with Tavistock throughout
the opening of the Lake Nona Wave Hotel and look forward to supporting
the development company’s four Marriott hotels in Lake Nona as well. It’s
an exciting time with Tavistock as we continue to build our partnership
in the Orlando area.”
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Rendering,
Aloft Hotel, scheduled to open in the fall of 2023
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CoralTree
started working with Tavistock in late 2020 when the management company
was entrusted with opening the 234-room Lake Nona Wave Hotel, the centerpiece
to the Lake Nona community urban core. The four additional branded hotels
represent 562 more rooms under CoralTree’s management. Each of the Lake
Nona hotels under CoralTree management ranks at the top of their brand
throughout the United States with the Courtyard by Marriott Orlando Lake
Nona ranked No. 4, the Residence Inn by Marriott Orlando Lake Nona is No.
12 in the Americas and the SpringHill Suites by Marriott Orlando Lake Nona
is rated No. 13.
Located
minutes from Orlando International Airport, Lake Nona is a convenient destination
for the more than 40 million passengers traveling though Florida’s busiest
airport each year. Created by Tavistock, Lake Nona is built on partnerships
and one-of-a-kind experiences that bridge the connection between live,
work, stay and play. An idealized city of the future, Lake Nona is an environment
designed for people, institutions and businesses to thrive.
“We’ve
enjoyed a wonderful working relationship with the team at CoralTree and
we are looking forward to extending that across all of our hotels in Lake
Nona to create a seamless and exceptional guest experience,” said Nick
Beucher, president of Tavistock Development Company.
About
CoralTree Hospitality
Launched
in December 2018, CoralTree
Hospitality is a wholly-owned subsidiary of Los Angeles based Lowe,
a real estate investment, management and development firm. Colorado-based
CoralTree delivers distinctive, memorable experiences that celebrate the
surroundings, culture and community of each property. CoralTree was named
among the top 20 hotel management companies in the U.S. after only one
year of operation by Hotel Business magazine. The company provides marketing
licensing, hospitality, and asset management services to hotels and resorts
in the United States. The collection includes independent, branded and
soft-branded properties such as Terranea Resort on the Southern California
coast, Hotel Lincoln in Chicago, The Woodlands Resort in Houston, Suncadia
in Cle Elum, the Eddy Taproom & Hotel in Golden, Colorado, four Magnolia
Hotels located in Denver, Houston, St. Louis and Omaha as well as the
new Lake Nona Wave Hotel
in Orlando, Florida, which opened in late 2021. For more information on
CoralTree, visit www.CoralTreeHospitality.com.
About
Lake Nona
Planned
and developed by the Tavistock Group,
Lake
Nona is one of the fastest growing and most innovative communities
in America. Located in Orlando, Florida, the 17-square-mile community has
established a new standard of living for its residents with groundbreaking
initiatives around technology, mobility, and wellbeing. Lake Nona is located
contiguous to Orlando International Airport in the most visited destination
in the U.S. The smart and connected community’s advanced infrastructure
and commitment to collaboration has drawn visionary companies and entrepreneurs
from across the globe to join its living lab environment accelerating economic
growth and opportunity across health and life sciences, education, hospitality,
and sports and performance. Lake Nona’s attractive business ecosystem is
enhanced by a thriving cultural landscape defined by iconic architecture
and engaging public art installations, miles of trails and walkable green
spaces, weekly signature events, shopping, dining and entertainment options
set amongst Central Florida’s beautiful natural landscape and year-round
sunshine.
For
more information, visit www.LakeNona.com.
Media
Contacts:
Kristin
Yantis
Malen
Yantis Public Relations
for
CoralTree Hospitality
970-949-7919
Karlee
Kunkle
Senior
Communications Manager
Lake
Nona/Tavistock
407-457-9383
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