Birmingham, Alabama, August 10, 2016 – HP Hotels, a full-service third-party hotel management company, announced today that it has been awarded the management contract for the 146-room La Quinta Inn & Suites in Runnemede, New Jersey. Charles Oswald, President and Chief Operating Officer, made the announcement.

The newly renovated hotel is the first La Quinta Inn & Suites in HP Hotels’ portfolio. Its features include a fitness center, an indoor swimming pool and free Wi-Fi Internet access. It is located between I-80 and Route 46, placing guests within easy reach of Philadelphia, Cherry Hill and Mt. Laurel. The area is also home to several nearby universities including Temple University, Villanova, University of Pennsylvania, St. Joseph's University and Drexel University. “This hotel marks two significant milestones in the continuing growth and evolution of HP Hotels. It is both the first La Quinta Inn and Suites in our portfolio and represents our return to the northeastern United States,” said Oswald. “Our growth strategy going forward includes building on this platform to identify strategic opportunities that are now in front of us as a result.”