lodging advisory group
Aimbridge Hospitality Adds 16 Extended Stay America Properties to Management Portfolio
Aimbridge Hospitality | October 13, 2020
PLANO, Texas, Oct. 13, 2020 - Aimbridge Hospitality, the leading, global, third-party hotel management company, announces it has added 16 Extended Stay America properties to its growing portfolio. Aimbridge now manages 36 Extended Stay America properties, with more in the pipeline. This portfolio of Extended Stay America properties has received $5 million of capital improvements in the last two yearsalone and will continue to receive capital improvements into the future from the new ownership group consisting of Lodging Advisory Group and ServiceStar Capital Management, LLC. Lodging Advisory Group (LAG) will serve as the portfolio's...
Extended Stay America Completes Disposition of 32 Hotels to Lodging Advisory Group and Provident Realty Advisors
Extended Stay America | November 1, 2018
CHARLOTTE, N.C. – November 1, 2018 — Extended Stay America, Inc. and ESH Hospitality, Inc. (NASDAQ:STAY) (together, the "Company") today announced the completed sales of 2 portfolios totaling 32 branded Extended Stay America hotels. The Company recently completed the sale of 16 Extended Stay America branded hotels to Lodging Advisory Group, LLC ("LAG"), a hotel owner, developer and asset manager with offices in Wichita, Denver and Phoenix. The hotels acquired by LAG include hotels located in Kansas, Missouri, New Mexico, Nebraska and Arizona. The disposition comes with franchise agreements for each of the 16 hotels. Addition...
