Industry Update
Press Release27 August 2021

Aimbridge Hospitality Adds Four Properties to Portfolio

The third-party global management company selected to manage four new properties acquired by Three Wall Capital

share this article
1 min
Aimbridge Hospitality

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.

Advertisements

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.

Related Brands

Homewood Suites

Homewood Suites by Hilton, Hilton’s upscale, all-suite, extended-stay hotel brand with more than 490 locations in the United States, Mexico, and Canada, is an award-winning leader. The first choice for guests seeking comfortable accommodations when traveling for extended or quick overnight stays, Homewood Suites offers inviting, generous suites featuring separate living and sleeping areas, and fully-equipped kitchens with full-size refrigerators.
brand information

Home2 Suites

Home2 Suites by Hilton, one of the fastest-growing brands in Hilton’s history, is a mid-tier, all-suite, award-winning extended-stay hotel concept designed to offer stylish accommodations with flexible guest room configurations and inspired amenities for the cost-conscious guest.
brand information

Staybridge Suites

Staybridge Suites® is an innovative, all-suite hotel brand designed to meet the needs of extended stay guests seeking a warm sense of community in a home-like environment that is perfect for business, relocation and vacations.
brand information
Other Brands operated by Aimbridge Hospitality
Aloft
Autograph Collection Hotels
Caesars Republic
Canopy by Hilton
Comfort
Country Inn & Suites® by Radisson
Courtyard
Delta
donotuse
DoubleTree by Hilton
Embassy Suites by Hilton
Extended Stay America
Fairfield Inn & Suites®
Four Points by Sheraton
Hampton by Hilton
Hilton Garden Inn
Hilton
Holiday Inn
Home2 Suites
Homewood Suites
Hyatt
Hyatt house
Hyatt Place
Hyatt Regency
La Quinta by Wyndham
LXR Hotels & Resorts
Marriott
Microtel
Radisson
Ramada by Wyndham
Renaissance
Residence Inn
Sheraton
Sleep Inn
SpringHill Suites
Staybridge Suites
Tapestry Collection by Hilton
TownePlace Suites
voco hotels
Wyndham

Aimbridge Hospitality

Aimbridge Hospitality is a leading, multinational hospitality company offering best in class hotel management services across a broad spectrum of franchised branded full and select service properties, luxury hotels, destination resorts, convention centers, and lifestyle hotels. Aimbridge's premium portfolio, inclusive of pipeline, represents over 1,550 properties in 49 states and 22 countries, with 70 lodging brands under management. As the world's largest third-party operator, Aimbridge is dedicated to its mission to be the best hospitality operator by leveraging its scale to add value for owners and opportunities for associates. Aligned with a concentrated focus, agility, and expertise for each vertical, or hotel product category, Aimbridge drives market success for hotels and optimizes investment returns for owners. Aimbridge Hospitality is based in Plano, Texas, with additional corporate offices in Atlanta, Calgary, Fargo, Puerto Rico, Toronto, and Washington D.C. Evolution Hospitality, Aimbridge's Lifestyle Division, is based in San Clemente, Calif. Aimbridge's International Division, Interstate Hotels & Resorts, has supporting offices across Europe in Amsterdam, Birmingham, Glasgow, and Moscow.

For more information on Aimbridge Hospitality, please visit www.aimbridgehospitality.com and connect with Aimbridge on LinkedIn.

Contact
Kellie McCrory
MCA Public Relations
Phone: +1 214 654 0402
Send email
Latest News
Advertisements