residence inn austin airport
Condor Hospitality Trust Completes Acquisition of Residence Inn Austin Airport and Fairfield Inn & Suites El Paso Airport for $38 Million
Condor Hospitality Trust, Inc. | September 6, 2017
BETHESDA, Md.--September 6, 2017--Condor Hospitality Trust, Inc. (NYSE American: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, today announced that it has closed on the acquisition of two Marriott-branded hotels for $38,800,000. The closing includes the following hotels: the Fairfield Inn & Suites El Paso Airport and the Residence Inn Austin Airport. The hotels will continue to be managed by Ambridge Hospitality. The Company has a third Marriott-branded hotel, the TownePlace Suites Austin North Tech Ridge, under contract for $19,750,000, which is expected to close...
Aimbridge Hospitality to Manage Residence Inn Austin Airport
Aimbridge Hospitality | June 14, 2016
Dallas, Texas (June 14, 2016) — Aimbridge Hospitality has been awarded the management contracts for Residence Inn Austin Airport. The developer, Bedford Lodging, chose Aimbridge Hospitality as the management firm for the properties, both of which are geared toward extended stay business travelers seeking convenience and value. "Our newest property is located in a prime area of Austin, Texas and we expect significant growth opportunity with these additions," said President of Bedford Lodging, Jeff Blackman. "We are excited for this first-time partnership with Aimbridge Hospitality and look forward to an on-going successful relation...
