Industry NewsManagementThe Dow Hotel Company to Manage Lakeway Resort and Spa near Austin,...

The Dow Hotel Company to Manage Lakeway Resort and Spa near Austin, Texas

AUSTIN, Texas & SEATTLE—The Dow Hotel Company (DHC), a Seattle-headquartered hotel owner/investor, announced that it has been named manager of the 174-room Lakeway Resort and Spa near Austin, Texas. In addition, the company will oversee an estimated $5-million-plus renovation that will commence this fall. A partnership between The Carlyle Group, a global investment group, and DHC acquired the hotel in July.

The company also announced that Robert Kisker has been named general manager of the hotel, who also is regional director of the company’s two other Texas hotels Kisker, a 20-year hospitality veteran, joined DHC in 2003.

“This is a superb facility for business and leisure travelers, and we will invest significantly to make the Lakeway Resort and Spa one of Texas’ premier destinations,” said Murray L. Dow II, DHC founder and president, in an announcement. “We are committing significant resources and a great deal of energy to totally upgrading this magnificent property located in a great setting.”

DHC plans to further upgrade the hotel’s restaurant and introduce an expanded menu, as well as complete some mechanical improvements. The renovation process also includes a complete makeover of all the guestrooms and bathrooms. Future, additional plans also call for upgrading the ballroom and refreshing the lobby and corridors.