Aimbridge added over 40 properties since March, company reveals

by | 04 Sep 2020 | Chains

Chicago’s Cook County Hyatt Place and Hyatt House are among the properties to join Aimbridge

Aimbridge Hospitality, the third-party hotel management company based in Plano, Texas, has revealed how its portfolio has grown rapidly since March 2020 – when the Covid19 outbreak started to take hold in the US. 

The business behind hotels across 49 states and 20 countries has been busy growing its portfolio across all verticals during these unprecedented times. We take a closer look at the key facts and figures.

Global expansion for Aimbridge

Since March of this year, more than 40 properties, altogether encompassing over 5,000 guest rooms, have joined the Aimbridge collection. Aimbridge’s extensive portfolio consists of more than 1,400 branded and independent hotels in total, and another 30 properties are currently in the works as of 15 August.

“We are excited about our robust portfolio growth and look forward to a continued positive trajectory,” said Dave Johnson, CEO of Aimbridge Hospitality.

A diverse collection of new hotels

The latest additions to Aimbridge’s managed portfolio include the full-service Hilton Boston Downtown Faneuil Hall and the extended-stay Hyatt Place and Hyatt House dual-branded hotel in Chicago, which involved the conversion of the historic Cook County Hospital, along with destination resort The Murieta Inn & Spa and Holiday Inn Express Amsterdam-North Riverside. “This growth to our portfolio reflects the benefits of Aimbridge’s scale to owners and our operating acumen across all of our verticals,” said Mike Deitemeyer, global president of Aimbridge Hospitality.

Over the past few months, Aimbridge, which merged with Interstate Hotels & Resorts towards the end of 2019, has created a series of new procedures and initiatives in an effort to tackle the challenges hotels now face due to the global health crisis. These include cost-containment measures, mutually beneficial brand partnerships, strategies to drive revenue and the formation of Aimbridge Aid, a nonprofit entity aimed at providing its employees with financial assistance.

MORE NEWS

 

Dusit opens first property under new ASAI Hotels brand
Hyatt adds spectacular Hawaii resort to portfolio [Infographic]
Group overview: Minor Hotels to grow its portfolio by nearly 13,000 rooms [Infographic]
Covid19 hotel development analysis: Fattal Hotel Group [Infographic]
Covid19 hotel development analysis: Swiss-Belhotel International [Infographic]
Brand overview: 65 new openings coming up for Hyatt Regency
Highway West Vacations hails launch of boutique hotel duo
Deutsche Hospitality’s CEO to step down
Dusit International reveals plans to expand rapidly across India
Covid19 hotel development analysis: Central Hospitality International [Infographic]
Group overview: Hilton to grow by nearly 800 hotels [Construction Report]
Shangri-La Group unveils The Moon Residence in Kunming
Scandic’s chief portfolio officer to leave company
Cambria opens new hotels in California and Maryland
Aimbridge added over 40 properties since March, company reveals
Brand overview: Fairfield Inn & Suites to add 10,000 rooms
Covid19 hotel development analysis: Dream Hotel Group [Infographic]
Covid19 hotel development analysis: AMResorts [Infographic]
Covid19 hotel development analysis: Scandic
Renovation work completed on two Tapestry Collection hotels

FIND HOTEL PROJECTS AND KEY DECISION-MAKERS

With the online database TOPHOTELCONSTUCTION you will have access to +6,000 hotel projects and all relevant decision-maker contacts.

LEARN MORE

Pin It on Pinterest