Industry Update
Press Release14 July 2020

Newport Hospitality Group Selected to Manage Days Inn Wilmington University

Woodmont Lodging, LLC has Selected Newport to Manage Wilmington Hotel

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Newport Hospitality Group

Williamsburg, VA, and Wilmington, NC - Woodmont Lodging has recently selected Newport Hospitality Group Inc., (NHG), a leading hotel management company, to manage the Days Inn Wilmington University located in Wilmington, North Carolina.

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The Days Inn Wilmington University boasts 116 newly renovated rooms and is located on Route 17 near the University of North Carolina at Wilmington. The hotel offers easy access to Atlantic Ocean beaches, restaurants, shopping, outdoor recreation, and local attractions.

Guests may lounge on the patio and cool off in the outdoor pool. Other amenities include refrigerators and microwaves in all rooms and complimentary wireless Internet access. Featured amenities include a gift shop, guest laundry facilities, and a business center. Don't forget to bring your four-legged best friend as our newly renovated rooms are pet friendly.

"Woodmont Lodging trust in our ability to manage its hotel asset is a strong testament to our expertise in revenue management and marketing as well as our dedication to guest service excellence and profitability," said Wayne West, President of Newport. "We are delighted to add this property to the rapidly growing NHG family, and we are confident that the hotel will excel under our management."

"We are excited to bring Newport on to manage the Days Inn Wilmington. We have known the Newport team for several years now and have been looking forward to the day that we would work on a deal together. We believe that their skillset is well suited to be able to maximize the performance of this asset," said Elliott Estes, Principal of Woodmont.

Newport Hospitality Group Inc., located in Williamsburg, Virginia, is a leading hotel management company specializing in select and full-service hotels. They operate more than 40 hotels in the Eastern United States. Their diverse portfolio includes independent boutique hotels as well as many of the top brands such as Hilton, Marriott, Hyatt, Choice, and Intercontinental Hotel Group.

Woodmont Lodging, LLC, located in Bethesda, Maryland, is focused on the acquisition and aggressive asset management of hospitality assets across North America, with a focus on focused service and select value-add opportunities. The company also delivers financial results to third-party owners through advisory engagements and asset management services. For more information, visit www.woodmontlodging.com.NHG), a leading hotel management company, to manage the Days Inn Wilmington University located in Wilmington, North Carolina.

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Days Inn

Days Inn® is a leading global brand in the economy segment with more guest rooms than any other economy brand in the world and over 1,850 properties worldwide. Under its "Best Value Under the Sun" market positioning, Days Inn hotels offer value conscious consumers free high speed internet.
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