Pillar Hotels & Resorts to Manage Three New Summit Properties
Monday July 14th, 2014 - 11:35AM O
| | | | | | | | | | |
These are shortcuts to your favorite social networking and bookmark sites. Add this story to your Facebook page, del.icio.us, DiggIt, and many others!
AUSTIN, TX—Summit Hotel Properties, Inc. has named Pillar Hotels & Resorts the new management company for three recently acquired Southern California assets: Hampton Inn & Suites – San Diego (Poway), CA; Hampton Inn & Suites – Ventura (Camarillo), CA; and Hampton Inn – Santa Barbara (Goleta), CA.
“We are delighted to expand our relationship with Pillar,” said Craig Aniszewski, EVP and COO of Summit Hotel Properties. “We are confident the combination of experience and expertise among their team and our asset management team will help drive continued performance improvements while capturing the embedded growth among these properties and creating shareholder value.”
The company previously had four hotels under Pillar Hotels & Resorts management. Pillar will now manage seven hotels with a total of 719 guestrooms for the company.
Tags: Summit Hotel Properties • Inc. • Pillar Hotels & Resorts • Hospitality • Management Companies •
As we begin 2015, and what is expected to be a healthy year for the hotel industry with expansion, progress and innovation as key catalysts for growth, Hotel Business is right on board with that momentum, bringing you, with this issue, our own updated product.