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Whitestone acquires Le Méridien Atlanta Perimeter hotel

Whitestone acquires Le Méridien Atlanta Perimeter hotel

American real estate developer Whitestone Companies, in collaboration with Shaner Hotels, has acquired the Le Méridien Atlanta Perimeter hotel in Atlanta, United States, for an undisclosed sum.

The 275-room Le Méridien Atlanta Perimeter Hotel offers guests easy access to the Perimeter Mall and more than 200 specialty shops and restaurants.

Additionally, this hotel offers a variety of amenities, including nearly 10,000 square feet of meeting space, a fitness center, and an outdoor pool.

Suites at Le Méridien Atlanta Perimeter feature separate living, working and sleeping areas.

The property also houses Portico Global Cuisine, a restaurant offering internationally inspired dishes.

Plato Ghinos, President of Shaner Hotels, said, “With the addition of Le Méridien Atlanta Perimeter, we are further consolidating our hotel portfolio with well-respected owners and brands.

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“This hotel expands our presence in Georgia, creating economies of scale and the ability to share best practices that will have an immediate positive impact on Le Méridien’s performance.”

The hotel is located near several attractions, including the Spruill Gallery, the Georgia Aquarium and the Atlanta Botanical Gardens.

Guests can also take advantage of the shuttle service to explore local attractions.

Jay Batra, CEO of Whitestone Companies, said: “We believe that with Shaner, we will elevate the pillars of our premium brand guest experience and showcase the brand culture of this boutique hotel.

“Shaner excels in this segment and we look forward to continuing this partnership.” This is the fifth project in which Whitestone Companies and Shaner Hotels have partnered together.

Earlier this year, US-based Crawford Hoying partnered with Shaner Hotel to acquire Courtyard by Marriott Hamilton in Ohio from Marriott International.