View original content to download multimedia:http://www.prnewswire.com/news-releases/aimbridge-hospitality-and-interstate-hotels--resorts-complete-merger-today-300945762.html, http://www.prnewswire.com/news-releases/aimbridge-hospitality-and-interstate-hotels--resorts-complete-merger-today-300945762.html. Personalize which data points you want to see and create visualizations instantly. in the extended stay hotel space paired with Aimbridge Plano, Texas, and has additional corporate offices in PLANO, Texas, Oct. 13, 2020 /PRNewswire/ -- Aimbridge such as kitchens with a full-sized refrigerator, dishwasher, and Get the full list », You’re viewing 3 of 6 board members. Tags Hotel Derek Christi George Aimbridge Hospitality. Aimbridge provides management, asset management, development, renovation and consulting services. Capital Management, LLC, visit: http://servicestarcapital.com/And $5 million of capital improvements in the last two years alone and For more information, please visit www.leonmayer.com. Get the full list », You’re viewing 5 of 14 executive team members. For more information on Aimbridge Hospitality, please visit www.aimbridgehospitality.com. Get the full list », You’re viewing 5 of 6 subsidiaries. "This project represents an exciting development for both future guests of El San Juan as well as the vibrant community that surrounds this historic property," said Laurence Gottlieb, Chief Executive Officer of Fundamental. From Business Journals. makes perfect sense. Founded in 2017, Lodging Advisory Group is focused on LinkedIn. Hilton Worldwide (NYSE: HLT) is a leading global hospitality company, spanning the lodging sector from luxury and full-service hotels and resorts to extended-stay suites and focused-service hotels. Based in Dallas, Texas and with development offices in Chicago, Dallas and Puerto Rico, Aimbridge currently owns and/or manages over 270 upscale, independent and branded hotels with over 36,000 rooms across the United States and the Caribbean, including such affiliations as Marriott, Hilton, Embassy Suites, Doubletree, Hilton Garden Inn, Hampton Inn & Suites, Aloft, Hyatt, Wyndham, Westin and Curio. Rico, San Clemente, Toronto, and Washington D.C. Aimbridge's International Our extended stay team is excited to assume management of "El San Juan is truly a one-of-a-kind property. SAN JUAN, Puerto Rico, July 22, 2015 /PRNewswire/ -- Fundamental Advisors LP ("Fundamental"), a leading alternative asset manager, today announced that along with partners León, Mayer & Co., ("León Mayer") and Aimbridge Hospitality ("Aimbridge"), it has acquired the iconic El San Juan Resort & Casino, a Hilton Hotel from an affiliate of Blackstone. Amsterdam, Birmingham, Glasgow, and Moscow. properties in 49 states and 20 countries. Dave Johnson, former Co-Founder and CEO of Aimbridge, is the CEO of the combined business. 'As we plan the next phase of growth for Aimbridge, it is timely to include a travel industry stalwart of Christine's caliber to our Board of Directors.'. Christine is president of Carnival Cruise Line, certified as a Great Place to Work and the biggest brand of Miami-based global cruise industry leader Carnival Corp., the world's largest leisure travel company. 2020 The merged company has a talent pool of more than 60,000 employees delivering best-in-class service worldwide. For 95 years, Hilton Worldwide has been dedicated to continuing its tradition of providing exceptional guest experiences. InvestorsHub.com, Inc. Extended Stay America Country Club Plaza. 'Her global leadership experience will be extremely valuable as Aimbridge continues to expand around the world.'. Both Dave Johnson, former co-founder/CEO of Aimbridge, and Michael Deitemeyer, former president/CEO of Interstate, are staying on as leaders within the combined company, Johnson as CEO and Deitemeyer as global president. As part of a planned revitalization of the property, the investor group is committed to significantly upgrading the resort's facilities through a substantial capital expenditure investment to create a true luxury lifestyle property. About Aimbridge Hospitality. About Aimbridge Hospitality. PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach. Five things you need to know today, and is it time for the city to act on Mahogany's? across each hospitality vertical to achieve success alongside our premium portfolio of more than 1,400 branded and independent Contact Jonathan Keehner / Julie OakesJoele Frank, Wilkinson Brimmer Katcher 212-355-4449, To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/fundamental-advisors-leon-mayer--co-and-aimbridge-hospitality-acquire-el-san-juan-resort--casino-300116850.html, http://www.prnewswire.com/news-releases/fundamental-advisors-leon-mayer--co-and-aimbridge-hospitality-acquire-el-san-juan-resort--casino-300116850.html. Aimbridge Hospitality is a provider of hotel investment and management services intended to deliver superior returns for, aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Leon Mayer's private equity practice invests in corporate and real estate assets that are underperforming relative to their full potential and takes a hands-on approach to improving their operating performance. This information is available in the PitchBook Platform. CEO Dan Weber says, "Our knowledge of and experience She leads a company that sails more than five million guests each year and employs more than 40,000 people from 110 nations around the globe. NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes. About Aimbridge Hospitality Aimbridge Hospitality is the leading, global, third-party hotel management company operating branded full service, select service, luxury hotels, destination resorts, convention centers and lifestyle hotels. 'We are pleased to welcome Christine to the Board,' said Glenn Murphy, chairman, Aimbridge Hospitality. To explore Aimbridge Hospitality‘s full profile, request access. El San Juan, established in 1957, is a landmark 387-room hotel overlooking two miles of pristine beach in the Isla Verde district of San Juan, and a valued member of the Hilton Worldwide system. Ex, is nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Aimbridge Hospitality is the leading, global, third-party hotel management company operating branded full service, select service, luxury hotels, destination resorts, convention centers, and lifestyle hotels. Aimbridge is based in multimedia:http://www.prnewswire.com/news-releases/aimbridge-hospitality-continues-portfolio-growth-with-16-extended-stay-america-properties-301151280.html, Aimbridge Hospitality Continues Portfolio Growth with 16 Extended Stay America Properties. at one of these properties, visit: Company profile page for Aimbridge Hospitality LLC including stock price, company news, press releases, executives, board members, and contact information this exceptional collection of properties.". Aimbridge provides management, asset management, development, renovation and consulting services. ", Mike Deitemeyer, Global President Aimbridge Hospitality is one of the nation's largest independent hotel investment and management firms with a proven track record for delivering superior returns for its strategic partners in a variety of markets and economic cycles. The increased demand for affordable properties with amenities range makes Extended Stay America particularly attractive to Recent news which mentions Aimbridge Hospitality, Hotel Derek in Houston's Galleria area under new management, Hotel next to Katy Mills mall, Katy Boardwalk opens, Contractors get rolling on construction of Hard Rock Hotel, Interstate Hotels & Resorts to merge with Texas company, Aimbridge Hospitality to merge with Virginia company, Get to know the Women in Business Awards Class of 2019, Ikon Hotel in Milwaukee wins endorsement for $5M city loan, Get to know DFW's 2019 Women in Business honorees, Two Hilton hotels in Chandler undergo extensive renovations, Caesars, Macerich partner on hotel to be built at Scottsdale Fashion Square, PE investor to acquire majority stake in Plano hotel operator, Lee Equity Partners Fund, L/P/ (New York NY), Sammons Enterprises tops the Private Companies List, Full-service Marriott opens in Springwoods Village’s CityPlace mixed-use district, Denver firm acquires Sheraton Clayton, plans renovation, Mac Haik companies open another hotel in Houston’s Energy Corridor, Interstate Hotels adds 83 sites to management portfolio, Embassy Inner Harbor Hotel debuts restaurant, updated suites (Photos), This $41M company allows you to Netflix binge as you travel. the new ownership group consisting of Lodging Advisory Group and led by former Value Place CEO, Dan Get the full list », You’re viewing 5 of 11 investments. Aimbridge merged with Aimbridge Hospitality's portfolio, with a total of 1,775 keys, Together with partners León Mayer and Aimbridge, Fundamental plans to significantly enhance the property's offerings and revitalize the storied resort to its original splendor by capitalizing on the investor group's expertise in the hospitality sector and experience in the region. All rights reserved. Interstate Hotels & Resorts in 2019, and now represents a Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously. Just two miles from Puerto Rico's international airport, the property is located in a neighborhood known for upscale boutiques, beautiful beaches and eclectic restaurants, bars, and live music venues. Atlanta, Calgary, Fargo, Puerto The Interstate brand will be utilized for international markets with supporting offices spread across Europe in Amsterdam, Birmingham, Glasgow and Moscow. PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Aimbridge Hospitality now operates more than 1,400 properties in 49 states and 20 countries. LAG is Aimbridge merged with Interstate Hotels & Resorts in 2019, and now represents a premium portfolio of more than 1,400 branded and independent properties in 49 states and 20 countries. Aimbridge Hospitality, the leading, global, third party hotel management company, has announced the appointment of Christine Duffy, president of Carnival Cruise Line, to its Board of Directors. With this merger, Aimbridge and Interstate will create enhanced offerings for hotel owners benefiting from a scaled, global platform: enhanced data and analytic capabilities, a larger talent pool with increased support and resources, including sales, marketing, e-commerce and revenue management infrastructure. Stay America properties, with more in the pipeline. Aimbridge is based in Plano, Texas and has additional corporate offices in Atlanta, Calgary, Chicago, Fargo, National Landing, Puerto Rico, San Clemente, Scottsdale and Toronto.

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