Aimbridge Hospitality Adds Four Properties to Portfolio
The third-party global management company selected to manage four new properties acquired by Three Wall Capital
Aimbridge Hospitality, the leading, global, third-party hotel management company, announced that it has added four new properties to its growing portfolio. With the addition of these new properties, Aimbridge has grown its collection of hotels throughout South Carolina, North Carolina, and Ohio.
This acquisition adds to the growing partnership between Aimbridge and owners Three Wall Capital, who have now selected Aimbridge to manage 59 of its extended stay and full service properties. Founded by Alan Kanders, Three Wall Capital is a hospitality equity and debt investment group for institutional and individual investors who have completed over $1.5 billion in transactions in a principal investor capacity since inception in 2008. "We have enjoyed great success alongside Aimbridge Hospitality and are pleased to expand on our partnership with these four additional properties," said Kanders.
Aimbridge President and CEO Mike Deitemeyer added, "We are pleased to add these four new hotels to our portfolio and to be once again working alongside our great partners at Three Wall Capital. Our specialty in the extended stay arena has been a driving force of our success, and we look forward to continued growth in this thriving space."
Extended stay properties are increasingly attractive to guests, due to their amenities such as kitchens with a full-sized refrigerator, dishwasher, and range. The new properties added to Aimbridge Hospitality's portfolio, with a total of 377 keys include:
• Home2 Suites by Hilton Charlotte I-77 South, Charlotte, North Carolina
• Homewood Suites by Hilton Columbia, Columbia, South Carolina
• Homewood Suites by Hilton Dayton South Dayton, Miamisburg, Ohio
• Staybridge Suites Columbus – Dublin, Dublin, Ohio
About Three Wall Capital
Founded in 2008 by Alan Kanders, Three Wall Capital has completed over $1.5 billion in transactions in a principal investor capacity since inception. TWC invests with the philosophy that hotel real estate is subject to both short- and long-term cycles, and therefore, opportunistically invests in product types ranging from limited service to luxury hotels. TWC's current investment strategy is to acquire and develop mid-scale extended stay hotels in markets with strong growth outlooks in terms of population, disposable income, jobs, diversity of high-quality food and beverage experiences, retail offerings, and office space. Three Wall Capital's portfolio consists of 65 hotels across 16 states. For further information and more details on TWC's portfolio, visit www.threewallcapital.com.
About Aimbridge Hospitality
Aimbridge Hospitality is the world's leading global hospitality management company. A trusted operator of over 80 globally recognized lodging brands and distinctive luxury and lifestyle assets, Aimbridge delivers compelling results for hotel owners by leveraging proprietary data and insights as an authority in key markets and destinations, while creating exceptional guest experiences. The Company continually strives to set the new standard in hospitality excellence, leading the industry into the future through a wealth of unmatched resources and best-in-class supplier agreements, while recruiting and developing top industry talent in all key verticals and geographies. To learn more, visit www.aimbridgehospitality.com and connect with Aimbridge on LinkedIn.
Kellie McCrory
MCA Public Relations
+1 214 654 0402
Aimbridge Hospitality
