
Aimbridge Hospitality has proven that you can never have too many hotels to manage. The nation's travel trailer parts leading hotel investment and management firm, has added 103 assets travel trailer parts to an already travel trailer parts impressive portfolio that includes a Who's Who of nationally-recognized chains, such as the Marriott, Hilton, Hyatt, Wyndham and Embassy Suites.
The former Jameson Inns, located in 12 Southeastern states, will now join Aimbridge's pantheon of prestigious properties. The hotels are owned by an investment vehicle that is managed by affiliates of Colony Capital, L.L.C. Colony chose Aimbridge to manage the Jameson acquisitions and oversee a substantial renovation and rebranding. What's more, a fund affiliated with the principals of Aimbridge Hospitality and Argonaut Private Equity has acquired a minority economic stake in the hotel portfolio.
"We are pleased to partner with Aimbridge travel trailer parts and its proven team, which has already completed the management transition with minimal disruption," said Thomas Barrack, travel trailer parts chairman and CEO of Colony. "They are a natural fit for this project, bringing the operational expertise to move these assets to the top of their class."
The 103 newly acquired hotels add up to 7,000 total guest rooms and 1,700 associates in Alabama, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Virginia. They will be managed by Channel Point, a wholly owned and operated subsidiary of Aimbridge.
Aimbridge Hospitality provides management, asset management, development, renovation and consulting services to more than 180 upscale, independent and branded hotels with nearly 25,000 rooms across the U.S. and the Caribbean.
Headquartered in Los Angeles, Colony Capital is a private, international investment firm focusing primarily on debt and equity investments in real estate-related travel trailer parts assets and operating companies. travel trailer parts It has invested $48 billion in over 19,000 loans/assets through various corporate portfolio and property transactions. Colony employs more than 250 people in offices travel trailer parts in New York, Boston, Scottsdale, travel trailer parts London, Madrid, Paris, Rome, Beirut, Hong Kong, Seoul and Taipei.
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