DALLAS—Aimbridge Hospitality, a third-party hotel management company with more than 1,400 branded and independent properties across 49 states and 20 countries, is continuing to expand with new additions to its portfolio across all verticals.
Since March, the company has added more than 40 properties with more than 5,000 guestrooms to its portfolio in addition to more than 30 properties in the pipeline as of Aug. 15.
New additions to Aimbridge’s managed portfolio include the full-service Hilton Boston Downtown Faneuil Hall; the extended-stay Hyatt Place and Hyatt House dual-branded property in Chicago, Hyatt House and Hyatt Place Chicago Medical/University District, a conversion of the historic Cook County Hospital; destination resort The Murieta Inn & Spa; and the select-service Holiday Inn Express Amsterdam-North Riverside, The Netherlands, which is the largest Holiday Inn Express in Europe.
Aimbridge Hospitality, which merged with Interstate Hotels & Resorts in late 2019, has created new procedures and initiatives to confront the challenges the year has presented, including cost containment measures, mutually beneficial brand partnerships, new strategies to drive revenue and the formation of a nonprofit entity, Aimbridge Aid, aimed at providing financial assistance to its employees.
“The growth to our portfolio reflects the benefits of Aimbridge’s scale to owners and our operating acumen across all of the verticals,” said Mike Deitemeyer, Aimbridge’s global president.