Island Hospitality Expands Footprint
Tuesday September 10th, 2013 - 9:31AM O
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PALM BEACH, FL—Island Hospitality, a hotel management company, has been engaged by Chatham Lodging Trust to operate the 111-room Hampton Inn & Suites in Exeter, NH. This engagement extends Island’s East Coast penetration to 11 states and the District of Columbia and marks the 16th Hilton-branded hotel in its growing portfolio.
The hotel was acquired earlier this summer by Chatham Lodging Trust, a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay hotels and premium-branded, select-service hotels.
“Island has been steadily expanding its geographic footprint this year, adding new markets like Pittsburgh and, now, a new East Coast state,” Tim Walker, president of Island Hospitality, said in a statement. “This hotel is a well-considered, strategic addition to our portfolio as it has a similar operating environment to the very successful Hampton Inn in Portland Maine which joined our portfolio earlier this year. It also enhances our position as one of the most prominent operators of the leading select-service hotel brands.”
The Hampton Inn & Suites opened in August 2010 and is located in the seacoast area of southern New Hampshire. The LEED-certified hotel is proximate to Phillips Exeter Academy and strong corporate clients such as Timberland, Bauer, Cobham, Sig Sauer and leisure destination Hampton Beach.
The hotel offers numerous complimentary amenities, including WiFi throughout the hotel and a daily hot breakfast. Additionally, each room is equipped with the brand’s clean and fresh Hampton bed, as well as 37-in, flat-screen televisions.
Tags: Hampton Inn • Island Hospitality • management • Hospitality • Management Companies •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.