Dallas, Texas (January 23, 2017) — Aimbridge Hospitality has been awarded the management contract for Sheraton Suites Dallas Market Center.

The owner of the hotel, a joint venture between SV Hospitality, LLC and private funds managed by Iron Point Partners, LLC, purchased the hotel in late 2015. The owner selected Aimbridge Hospitality for their proven track record as a premier hotel management company that delivers results.

“We are excited to work with SV Hospitality and Iron Point to drive value at the Sheraton Suites Dallas Market Center,” said Dave Johnson, CEO of Aimbridge Hospitality. “Following the comprehensive renovation of the property that is currently underway, we will gain market share and increase profitability at this hotel which is ideally located within the Dallas Market Center submarket.”

Sheraton Suites Dallas Market Center will soon undergo an extensive multi-million dollar renovation, slated to begin the second quarter of 2017.

The extensive hotel renovation will include a new, fresh layout and design of the public spaces and food and beverage outlets. All guest rooms will be refreshed with new furniture and stylish bedding and the fitness center will be expanded for guest convenience.

“We are delighted to be partnering with Aimbridge Hospitality,” said Lee LaRochelle, principal at SV Hospitality. “There are exciting things happening at Sheraton Suites Dallas Market Center, and we look forward to an ongoing successful relationship with Aimbridge.”

For more information, please visit www.sheratonsuitesdallas.com.