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.
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.
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.
Phone: +1 214 654 0402