The hotel, located minutes from the Disney theme parks, feature 393 guestrooms, 90 suites and execut

ORLANDO, Fla., Jan. 4, 2011 /PRNewswire/ AREA Property Partners and Winston Harton Holdings, LLC today announced the purchase and planned $25 million redevelopment of the Sheraton Safari Hotel and Suites Lake Buena Vista Drive in Orlando, Fla.  The seller and transaction price for the 489 key facility were not .  Extensive improvements of the facility scheduled immediately, with completion anticipated spring 2012, the firms said.
The $50,000 room renovation encompass spectacular pool complex, expanded and updated conference facilities, and beautifully revamped guestrooms and family suites, well fitness center, upgraded contemporary restaurant and lounge, and update of all public spaces of the hotel. Maintaining the Sheraton flag of Starwood Hotels Resorts Worldwide, national rental cars site Inc. (NYSE:HOT News), the redeveloped property part of the brand s $6 billion national rental cars site revitalization campaign attract business and leisure guests.
We conclude this transaction and be part of the redevelopment of Sheraton Safari Hotel and Suites, said Randy Torres, AREA partner.   It opportune time reposition and reestablish the hotel the Orlando hospitality market continues national rental cars site its recovery.
A team has been assembled execute the Sheraton Safari s redevelopment in this phenomenal location, said Russ Flicker, managing partner, Winston Harton Holdings, LLC.  We create strong presence in the Orlando market and look forward success with revitalized property.
The hotel, located minutes from the Disney theme parks, feature 393 guestrooms, 90 suites and executive suites. Accommodations be spacious, with modern yet comfortable feel. The pool complex set within oasis of palm trees and include multiple cascading pools, water game amenities and slides, wet deck and pool cafe.
In addition wireless internet access throughout the hotel and suites, Link@Sheraton experienced with Microsoft, online connectivity hub in the lobby, national rental cars site offer access near the 24-hour cafe and general store.  Renovations include several banquet and conference venues, including grand ballroom and variety of meeting rooms, well the addition of 6,200 square-foot conference national rental cars site center.
national rental cars site Sheraton Safari has brought powerhouse team of hospitality talent. World-renowned interior design company Looney Associates leads the re-design, local architect Baker Barrios. Rida Development Corporation, one of central Florida s leading hotel developers, overseeing the redevelopment of the property, and Welbro national rental cars site Construction, one of the largest privately held contractors in Central Florida, handling the construction. Aimbridge Hospitality has been awarded the management contract and CAM Hospitality Advisors Management represents the ownership national rental cars site team.
Sheraton Safari Hotel and Suites offers imaginative, safari-themed national rental cars site decor throughout the hotel.  Amenities include pool, fitness facility, game room, 13,000 square feet of flexible function space and complimentary shuttle service nearby national rental cars site Walt Disney World® Theme Parks.
We delighted enhance our footprint in Orlando with the redevelopment of Sheraton Safari, said Hoyt H. Harper II, Senior Vice President for Sheraton Hotels Resorts. Sheraton prides instilling sense of belonging in its guests providing them with spacious accommodations, signature services and updated technologies that all be present at the Sheraton Safari.
AREA Property Partners, known Apollo Real Estate Advisors, leading international real estate investor and fund manager behalf of prominent government and corporate pension funds, sovereign wealth funds, insurance companies, foundations, endowments, and high net worth individuals.  Since the firm s founding in 1993, AREA Property Partners has overseen the establishment of multiple real estate funds and joint ventures totaling $13 billion in equity commitments for investments in the United States and globally.  Its funds have collectively invested in over 500 transactions with aggregated value in excess of $60 billion. The firm has offices in York, Atlanta, Los Angeles, San Francisco, London, Paris, Luxembourg and Mumbai. national rental cars site  The firm s Web site areapropertypartners.com
Winston Harton Holdings, LLC (WHH) was established Russell Flicker national rental cars site and Jonathon Rosenfeld distressed, value-added and operationally intensive real estate assets (through equity and debt), with particular focus gateway cities. Its principals have extensive experience and complementary skill set in the real estate sector, including acquisitions (private transactions and public securities), national rental cars site capital markets and asset management and asset repositioning. WHH partner with traditional national rental cars site institutional capital well private pools of capital pursue transactions ranging from $10 $250 mm.  For more information, visit whhllc.com
Starwood Hotels Resorts Worldwide, Inc. one of the leading hotel and leisure companies in the world with 1025 properties in 100 countries and territories with 145,000 employees at its owned and managed properties. Starwood Hotels fully integrated owner, operator and franchisor of hotels, resorts and residences with the internationally renowned brands: St. Regis®, The Luxury Collection®, W®, Westin®, Le Meridien®, Sheraton®, Four Points® Sheraton, and the recently launched Aloft®, and Element (SM).  Starwood Hotels national rental cars site also owns Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality national rental cars site vacation interval ownership national rental cars site resorts. For more information, please visit starwoodhotels.com.
Aimbridge Hospitality one of the nation s leading independent hotel investment and management firms with proven track record for delivering superior returns for its strategic partners in variety of markets and economic national rental cars site cycles. Aimbridge provides management, national rental cars site asset management, development, renovation and consulting services. Based in Dallas, Texas, Aimbridge owns and/or manages over 60 upscale, independent and branded hotels with 11,000 rooms the United States and the Caribbean, including such affiliations Marriott, Hilton, Embassy Suites, DoubleTree, Hilton Garden Inn, Hampton Inn Suites, Aloft, Hyatt, Wyndham and the Phoenix Inn Suites chain of hotels.  For more information Aimbridge Hospitality, please visit aimbridgehospitality.com.