Roedel Companies acquires New Hampshire Courtyard

New Hampshire-based hotel owner/operators Roedel Companies announced it has added its first Marriott property to its portfolio. The organization has purchased a Courtyard by Marriott in Nashua, N.H., for an undisclosed price.

Roedel Companies intends to reposition the property via a multimillion dollar renovation, which will take place in phases to limit disruptions to guests and 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.
David Roedel, partner of Roedel Companies, said 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,” said Roedel. “Upon completion, the conference center will be an ideal location for business events and celebrations.”   

ROK Builders, the hotel construction affiliate of Roedel Companies, will oversee the renovation while RSJ Associates will lead interior design and procurement. RGH Hospitality, the hotel management subsidiary of Roedel Companies, will run the hotel.
The company secured a loan for the project from Merrimack County Savings Bank. The funds will support the purchase and renovation.

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