Hilton Tucson East Hotel Celebrates Its 30-Year Anniversary With $8M Renovation Plan
Guest Rooms, Pool Area, Public Spaces and New Dining Concept Unveiled
Tucson, Ariz.(April 18, 2017)— The $8-million renovation for the Hilton Tucson East was unveiled at a recent celebration commemorating its 30th anniversary. The Tucson Chamber of Commerce, Visit Tucson Tourism along with partners and guests were in attendance to mark this premier full-service business hotel’s three-decade milestone accommodating local and international guests to the Tucson region. Purchased in 2016 by a subsidiary of Caliber Hospitality, LLC, a division of Caliber – The Wealth Development Company and operated by Heavlin Management Company, the hotel is undergoing an extensive property-wide makeover with a contemporary and sophisticated interior design that will elevate the guest experience. Expected hotel renovation completion date is December 2017.
Refurbishment includes complete transformation of all 232-guest rooms with warm interior colors, luxurious finishes and modern amenities. Additional upgrades consist of a new hotel pool, lobby area, meeting rooms/ballroom and modernization of building HVAC and water systems for energy efficiency. A new hotel restaurant and bar concept will also be showcased. The hotel remains open during renovations.
“We are thrilled to invest in the Hilton Tucson East to give it new vibrancy that will clearly elevate and provide an incredible guest experience for travellers and local citizens visiting the hotel,” said Chris Loeffler, Co-Founder and CEO of Caliber. “This property is one of the finest in the Caliber hospitality portfolio and we are excited complete renovations that will ultimately lead to becoming a highly sought after hotel destination in the Tucson business district.”
With stunning views of the Santa Catalina Mountains and city light views, the Hilton Tucson East is just 7 miles east of the Tucson Convention Center and minutes away from University of Arizona and Tucson International Airport.
Caliber Development, LLC, a division of Caliber – The Wealth Development Company is general contractor. Design architecture is provided by FFKR Architects of Scottsdale, AZ.
About Caliber – The Wealth Development Company
Caliber assists investors in building wealth through equity and debt real estate private equity investments, either through individual assets, or through multi-asset funds. Caliber is focused upon opportunistically acquiring various types of commercial assets, with in place cash flow, and maintaining low leverage on them. Through its proven renovation and management expertise, Caliber is able to increase revenue, maximize tax benefits, all the while protecting investor capital. Caliber currently invests in Hotels, Self-Storage, Apartment Communities, Single Family Residential Properties, Office Buildings and other Commercial Assets. Caliber is a vertically integrated, full-service real estate investment firm controlling all aspects of the investment cycle. Services include acquisitions, construction, development, property and asset management. www.CaliberCo.com.
About Heavlin Management Company
Heavlin Management Company, LLC (HMC) is an award winning, privately held hospitality management company with over 40 years of leadership and operational experience in repositioning underperforming hotels and distressed assets. In partnership with hotel owners, developers, investor and lenders, HMC offers results-driven improvement plans that yield cost reductions and rate growth while maintaining top quality standards. Founded by Frank Heavlin, HMC is headquartered in Tempe, Arizona and has an impressive portfolio in Arizona and Alaska operating brands as Choice, Crowne Plaza, Hampton Inn & Suites, Hilton and Holiday Inn & Suites. The company currently manages 7 hotels valued at $57 Million and 1,208 guest rooms. HMC was listed as Hotel Management’s 2016 Top Third-Party Management Company. For more information, visit hmchospitality.com.