Rockbridge and Aparium Hotel Group have purchased the Heathman Hotel in Portland, Ore., from the Pebblebrook Lodging Trust. Aparium Hotel Group has assumed management of the hotel. The 151-key property, located in downtown Portland, will undergo a full renovation and repositioning. The property currently has a lobby library lounge and more than 3,800 square feet of meeting space including a sky-lit second floor mezzanine.
“As our first property in the Pacific Northwest and complementing our project under construction in Seattle, the Heathman Hotel is a great addition to our expanding hotel portfolio and underscores our commitment to build memorable stays and cultural connectivity in distinct markets with incredible creative capital, strong personalities, and rich histories,” Mario Tricoci, founder and CEO of Aparium Hotel Group, said in a statement. “We look forward to ushering the Heathman Hotel into a new era, while collaborating in many forms with creatives and makers in Portland to infuse Aparium’s philosophy of translocal hospitality.”
The Heathman Hotel opened in 1927 and is home to the only cataloged guest-lending library in the Pacific Northwest, featuring books signed by guest authors.
“We love to invest in beloved, historic hotels like the Heathman,” said Jimmy Merkel, co-founder and CEO of Rockbridge. “What makes this even more special is partnering with Mario and the Aparium team to restore this Portland icon to its former glory as the city continues to rebound."