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Highline Hospitality Acquires Salt Lake City Marriott University Park

November 17, 2021

NEW YORK—Highline Hospitality Partners (HHP), the hospitality investment platform launched by Highline Real Estate Partners (HREP), has added its fifth property with the off-market acquisition of the 218-room Salt Lake City Marriott University Park and has tapped Stepstone Hospitality to manage the property.

Highline Hospitality Partners’ team has over 60 years of combined experience across sourcing, purchasing, asset-managing, renovating, repositioning, and selling hospitality properties and has operated all classes of hotels.

“We are pleased to add the Salt Lake City Marriott University Park to our growing portfolio,” said Highline Hospitality Partners’ Managing Partner, Chuck Pomerantz. “With the property’s unparalleled location adjacent to the University of Utah, and easy access to Salt Lake Place Convention Center as well as six major ski resorts, we look forward to many years of success with this exceptional property.”

The Salt Lake City Marriott University Park offers impressive mountain and city views with 218 guestrooms and easy access to downtown, the University of Utah, and Rice-Eccles Stadium. The property provides smart, stylish lodging for business and leisure travelers alike. HHP plans a comprehensive and innovative renovation of the guestrooms and public space over the next 24 months.

The hotel boasts two on-site dining options, Thistle & Thyme, featuring eclectic American Comfort Food, and Wakara Bar, offering local draft beers and craft cocktails. Additional amenities include the M Club lounge, free parking, Starbucks, a state-of-the-art fitness center, and 11 event spaces with customizable business and A/V services. In addition, the hotel is located only a short walk from TRAX, downtown’s above-ground trolley.

 

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