Industry Update
Press Release15 January 2022

Remington Hotels and TCOR Hotel Partners Announce New Management Agreement With Springhill Suites Austin West/Lakeway by Marriott

The hotel marks Remington’s fourth property in the greater Austin area

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Remington Hotel Corp.

Remington Hotels, a leading third-party management company, has assumed management of the SpringHill Suites Austin West/Lakeway by Marriott in Lakeway, Texas.

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The 88-room property opened in August 2020 as a top business and leisure offering in the area. The all-suite hotel equips guests with maximum room to spread out with separate areas to live, work and sleep. Guestrooms include comfortable beds with soft linens, SpringHill Suites’ custom, three-in-one West Elm sofas which convert for additional sleeping space, and well-lit desks accompanied by a West Elm Swivel Chair. Beyond the spacious rooms, SpringHill Suites Austin West/Lakeway by Marriott includes an indoor swimming pool, fitness center, fully equipped boardroom, stylish lobby, and grab and go market.

Located near Texas Hill Country, Spring Hill Suites Austin West/Lakeway by Marriott is minutes away from popular attractions including Lake Travis and the Hill Country Galleria. The hotel is just 20 miles from Austin-Bergstrom International Airport and conveniently situated off of State Highway 71, which provides easy access to greater Austin.

"We are thrilled to expand our partnership with TCOR Hotel Partners through the addition of the SpringHill Suites Austin West/Lakeway by Marriott,” says Stan Kennedy, Chief Operating Officer at Remington Hotels. “It’s a wonderful property in the Texas Hill Country and we’re excited to continue expanding our footprint in the area.”

TCOR Hotel is very pleased to achieve its fifth hotel acquisition, its second with Gentry Mills as its equity partner. “We are very optimistic about the SpringHill in Lakeway and teaming up with Remington as our management partner”, said Tom Corcoran, President of TCOR Hotel Partners.

The addition of SpringHill Suites Lakeway is Remington Hotels’ first acquisition of 2022 and marks the start of a big year for the third-party management company.

ABOUT TCOR HOTEL PARTNERS

TCOR was formed in late 2017 by Tom Corcoran, Debbie Feldman, and Joe Corcoran as a branded select service hotel acquisition platform. TCOR is based in Dallas, Texas and has five hotels located in Texas, Florida and Maryland. For more information, please call (469) 577-4030 or visit www.tcorhp.com.

Related Brand

SpringHill Suites

SpringHill Suites by Marriott is the largest all-suites upscale hotel brand that is refreshingly different. With stylish surroundings that are beyond the ordinary at over 485 properties across the U.
brand information
Other Brands operated by Remington
Courtyard
Crowne Plaza
Embassy Suites by Hilton
Fairfield Inn & Suites®
Hampton by Hilton
Hilton Garden Inn
Hilton
Homewood Suites
Indigo
Hyatt Regency
Marriott
Renaissance
Residence Inn
Sheraton
Tribute Portfolio
Westin

About Remington Hotels

Remington, a wholly-owned subsidiary of Ashford Inc. (NYSE American: AINC), is a dynamic and growing hotel management company providing top quality service and expertise in property management. Founded in 1968, the hospitality group has grown into a strong, industry-leading service provider and today manages 86 hotels in 23 states across 19 brands, including 13 independent and boutique properties. Remington believes that people are the ultimate source of its competitive advantage and is proud of its reputation for consistently delivering outstanding results to its owners and investors, as well as to its brands, guests, and associates. As a result of its success, Remington has become the place where passionate people thrive. For more information, call (972) 980-2700 or visit www.remingtonhotels.com. #RoomToThrive

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