AAM 15 Management Announces Acquisition of Residence Inn by Marriott Burlington Colchester in Colchester, Vermont
September 5, 2017 4:46am
Independent private equity hotel investment and management company, AAM 15 Management, LLC, is pleased to announce the expansion of its portfolio to include Colchester, Vermont’s Residence Inn by Marriott Burlington Colchester, a property with a long list of quality amenities.
September 5, 2017 - Continuing the expansion of its hotel portfolio, Boston based AAM 15 Management, LLC recently celebrated the acquisition of the 108-suite Residence Inn by Marriott Burlington Colchester, an extended stay hotel just off Interstate 89 located in the Town of Colchester, Vermont.
Excitement surrounding the purchase is high. “We are very pleased to announce the acquisition of the Residence Inn Burlington Colchester,” commented David R. Masse, Founder and CEO of AAM 15 Management. “The hotel is a great fit for our hospitality portfolio, providing our investors the opportunity to own a top branded hotel with excellent operating cash flow. We plan to do an extensive guest suite and public area renovation to enhance the property value and hotel guest's experience.”
AAM 15 Management is well known for its commitment to a culture of excellence, innovation, and hard work to ensure that all of their properties deliver an exceptional guest experience; a key factor when it comes to ensure property performance as well as solid financial returns to investors.
Currently, the Residence Inn Burlington Colchester features suites with separate sleeping areas, full kitchens in guestrooms, an indoor swimming pool, a full outdoor BBQ and picnic area, and a well-equipped fitness center. The inn is conveniently located just under 15 minutes from Burlington’s International Airport and within five miles of the vibrant downtown scene of Burlington, home to a number of trendy bars and restaurants, multiple colleges, and a major hospital.
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AAM 15 Management is an independent private equity hotel investment and management company, specialized in acquisitions of hotel assets in the urban and suburban core throughout the east coast of the United States. AAM 15 Management’s properties include the Crowne Plaza Boston / Woburn, Residence Inn by Marriott Boston /Burlington and the Cambria Hotel and Suites Roanoke.
For more information on AAM 15 Management, LLC be sure to visit www.aam15hotels.com.
Contact: Frank Vento
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