(December 22, 2016) — Aimbridge Hospitality announces the promotion of Don Ayres to Vice President of Development.
Throughout Don’s two-year tenure as a key member of Aimbridge Hospitality’s development team, he has played a meaningful role in achieving company growth initiatives and its ongoing success. Additionally, he has been instrumental in expanding Aimbridge’s management portfolio via the acquisition of new contracts as well as retaining hotels under Aimbridge management following a change in ownership.
Don has established solid relationships with a wide range of key investors contributing to Aimbridge’s impressive expansion. Additionally, Don has honed the critical skill set to accurately and independently underwrite acquisitions and negotiate Management, Joint Venture, and Technical Service Agreements. As Vice President of Development, Don will expand his role within the development department, continuing to focus on securing new management contracts through acquisitions with deployment of co-investment capital where required.
“We are sincerely pleased to promote Don Ayres to Vice President of Development,” said Bill Stadler, Executive Vice President and Chief Investment Officer of Aimbridge Hospitality. “The depth of his knowledge and his contributions to our company have played a key role in our overall growth and success.”
Ayres joined Aimbridge Hospitality in January 2014 as Director of Development. Prior to joining Aimbridge, he worked with HFF’s West Coast hospitality investment sales group. Ayres received a Master’s degree in Accounting and a Bachelor’s degree in Real Estate Finance and Economics from Southern Methodist University.
