News for the Hospitality Executive
DALLAS (June 15, 2012) — Aimbridge Hospitality is pleased to announce that it has been chosen to manage the Columbia Marriott in Columbia, South Carolina. The hotel, conveniently located in downtown Columbia just two blocks from the state capitol, is owned by Garrison Investment Group.
The Columbia Marriott represents Aimbridge Hospitality’s fourth transaction with Aimbridge’s newest partner, Garrison Investment Group, and the fourth Marriott branded hotel in the Aimbridge Hospitality portfolio.
Dave Johnson, President and CEO of Aimbridge Hospitality, is thrilled about the latest addition to the Aimbridge portfolio.
“The Marriott Columbia is a reputable hotel in an excellent location, and we are proud to add it to expand our relationship with Garrison and Marriott,” said Johnson.
Chuck Pomerantz with Garrison Investment Group is confident that engaging Aimbridge as a management partner will maximize asset value at the Columbia Marriott Hotel.
“Aimbridge Hospitality has a proven track record, and based on our experience with the leadership team at Aimbridge, we believe they have what it takes to operate this property to the expert level that is required,” said Pomerantz.
The Columbia Marriott hotel is the perfect destination for business or pleasure, featuring 225 guest rooms and 15 suites, 28,000 square feet of meeting and event space, and a fitness center and indoor pool. Located in the heart of downtown Columbia, the Columbia Marriott is near the South Carolina state capitol, the Columbia Museum of Art and the Riverbanks Zoo and Garden. The hotel also boasts two dining options, the City Center Grill and Lounge and Garnet’s Sports Bar.
For more information on Aimbridge Hospitality, please visit www.aimbridgehospitality.com.
About Aimbridge Hospitality
Aimbridge Hospitality is one of the nation’s leading independent hotel investment and management firms with a proven track record for delivering superior returns for its strategic partners in a variety of markets and economic cycles. Aimbridge provides management, asset management, development, renovation and consulting services. Based in Dallas, Texas and with development offices in Chicago, Dallas and Puerto Rico, Aimbridge currently owns and/or manages over 80 upscale, independent and branded hotels with nearly 15,000 rooms across the United States and the Caribbean, including such affiliations as Marriott, Hilton, Embassy Suites, DoubleTree, Hilton Garden Inn, Hampton Inn & Suites, Aloft, Hyatt, Wyndham and the Phoenix Inn Suites chain of hotels. For more information on Aimbridge Hospitality, please visit www.aimbridgehospitality.com.
About Garrison Investment Group
New York City based Garrison Investment Group is a leading investor that provides solutions and capital to credit and asset-based investment opportunities. Garrison’s investment vehicles include Hedge Funds, Private Equity Format Funds and Managed Funds. With more than 50 employees, Garrison sources and executes transactions across corporate, real estate and financial assets. Garrison Investment Group invests predominantly in loans and actively makes investments in the current market environment. For more information, please visit www.garrisoninv.com.
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