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Roedel Companies Purchase Courtyard by Marriott in Nashua, NH

The organization will reposition and renovate the hotel and conference center.

Thursday, February 13, 2014
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Roedel Companies
Roedel Companies
Owner/operater + builds and renovates

WILTON, NH – New Hampshire-based hotel owner/operators Roedel Companies announced today that they have added their first Marriott property to its growing portfolio of hotels. The organization has purchased a Courtyard by Marriott in Nashua. With the purchase, Roedel Companies also returns to the Gate City after a prolonged absence. In 1967, Fred B. Roedel, Senior Advisor at Roedel Companies, started his highly successful hotel career with the first Susse Chalet Inn. He grew it into one of the largest privately held hotel chains in the eastern US prior to selling the portfolio in 2000.

Located just off the Everett Turnpike, Roedel Companies’ intent is to reposition the multifaceted property to include a newly renovated Courtyard by Marriott hotel and full-service conference center. The multimillion dollar renovations will take place in phases to limit disruptions to guests and are slated to be completed in the first quarter of 2015.

Roedel Companies will give the Courtyard by Marriott’s interior a complete makeover. The organization will demolish the existing lobby and create a new open concept, multi-purpose area called the Bistro. Marriott’s signature C-bar, a free-floating oval, will be installed in the middle of the lobby to provide guests with fresh coffee, espresso drinks, grab ‘n’ go items and made-to-order dishes. In the evening, the same counter will offer alcoholic beverages and additional food offerings. A communal dining table, home theatre-like entertainment area, media pods, business library and fireplace will be added to create a comfortable yet vibrant area for guests to socialize. In addition, Roedel Companies will modernize 200 guest rooms and executive suites, expand the fitness center and add new meeting rooms. Bathrooms, corridors and public areas will also be updated throughout the property.

Originally built in 2006, Roedel Companies will create a signature name and logo for the property’s 11,000 square foot conference center. The organization will revitalize the exterior by adding a new entrance on the side of the building facing the Everett Turnpike. A porte-cochére, signage, lighting and landscaping will be installed to create an inviting and sophisticated entryway for guests. The interior will also be fully renovated to provide an ideal space for meetings, conferences, social events and weddings.

David Roedel, partner of Roedel Companies, explained that the enhancements will improve the building’s overall functionality and provide a new option for events in Nashua. “As an organization, we are excited to be part of the Marriott property and saw an opportunity to update the hotel from top to bottom to provide guests with the amenities they’ve come to expect from a Marriott,” stated Roedel. “Upon completion, the conference center will be an ideal location for business events and celebrations.”

Roedel Companies, the owner and developer, will utilize its subsidiary companies to complete the renovations and manage the property. ROK Builders, the hotel construction affiliate of Roedel Companies, will oversee the renovation while RSJ Associates spearheads interior design and procurement. RGH Hospitality, the hotel management subsidiary of Roedel Companies, will run the Courtyard by Marriott and conference center.

The company secured a loan for the project from Merrimack County Savings Bank. The funds will support the purchase and renovation of the Courtyard by Marriott and it’s conference center.

About Roedel Companies
Located in Wilton, Roedel Companies has 45 years of experience developing, constructing, managing and designing hotels for its own account and third parties through its subsidiaries RGH Hospitality and ROK Builders. Roedel Companies offers but is not limited to hotel development, construction, pre-opening and management.

In addition, Roedel Companies owns and operates nationally branded hotels primarily in the select service segments throughout New Hampshire and the eastern United States. The Courtyard by Marriott will be a sister property to Roedel Companies’ Hilton Garden Inn Manchester, La Quinta Inn & Suites Manchester and Holiday Inn Express & Suites Merrimack. Their properties also include a growing portfolio of nationally branded and independent hotels including other Hilton Garden Inns, Hampton Inn & Suites, Homewood Suites, Holiday Inns, Holiday Inn Express & Suites, La Quinta Inns & Suites and the Hotel Saranac.

For more information, visit www.roedelcompanies.com or call David Roedel at 603-654-9173.

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