Aimbridge Hospitality signed its first property in Spain, underscoring the company’s investment in the Iberian Peninsula and throughout greater Europe, Middle East, and Africa.
Aimbridge Hospitality has acquired the management arm of Terrapin Hospitality, with 71 hotels located in 21 states. This aggregates to over 8,100 keys transitioning to Aimbridge management within its dedicated Select Service operating division.
Sage Hospitality is going it alone as it bets on lifestyle independent hotels while its peers sell out to bigger players or plan to go public. This strategy is either very sage or very dumb.
Hyatt has been very aggressive in its growth strategy this year, and the company shows no signs of slowing down — with CEO Mark Hoplamazian citing Europe as a major area for further expansion.
Aimbridge Hospitality, the largest U.S. company dedicated to running hotels on its own and on behalf of owners, said on Wednesday it had signed an exclusive contract with Amadeus, the…