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Acquisitions & Hotel Openings

RD Management Announces Opening of Hampton Inn & Suites in Bridgewater, NJ

NEW YORK, NY. May 15, 2017 ó RD Management LLC, one of the nationís largest privately held real-estate development and management organizations, announced today the opening of Hampton Inn & Suites Bridgewater in Bridgewater, New Jersey. Owned by RD Management and developed in partnership with XSS Hotels, the 133-room, newly-constructed hotel offers guests quality accommodations with value-added amenities. The hotel with be managed by Colwen Hotels.

Hampton Inn & Suites Bridgewater is part of Hilton's Hampton by Hilton brand, the global mid-priced hotel known for providing travelers with superior customer service. Located at 1277 Route 22 West, the hotel is conveniently situated off I-287, one mile west of Bridgewater Commons Mall in a Class A office environment that is densely populated with major pharmaceutical companies. Guests can get to and from the Newark Airport in 40 minutes and use the hotelís shuttle service to visit local points of interest.

ďAt RD Management, weíre very invested in our five hospitality assets across the country, and this recently opened Hampton Inn & Suites is no exception,Ē said Richard Birdoff, principal and president of RD Management. ďWeíre proud of our partnerships and efforts alongside Hilton, XSS Hotels, and Colwen Hotels to debut a brand new, amenity-filled hotel that will provide residents, business travelers, and visitors with a comfortable lodging option in Bridgewater.Ē

The hotel offers amenities such as an indoor heated pool, fitness center, dynamic meeting space, a 24-hour business center, free hot breakfast, an on-site lounge and bar, a 24-hour snack shop, and complimentary Wi-Fi. Each guestroom includes a 50-inch HDTV, free in-room movie channels, a coffeemaker, microwave, mini-refrigerator, work desk, and plenty of charging spots for devices. Larger guest rooms provide sofa sleepers, and the suites feature a living area with a wet bar.

Hampton Inn & Suites Bridgewater is part of Hilton Honors, the award-winning guest-loyalty program for Hiltonís 14 distinct hotel brands. Hilton Honorsí members who book directly through preferred Hilton channels save time and money and gain instant access to benefits, such as an exclusive member discount and a flexible payment slider that allows members to choose nearly any combination of points and money to book a stay.

Hampton Inn & Suites Bridgewater is one of 21 properties owned by RD Management in New Jersey. The companyís national portfolio consists of more than 150 properties spanning the hospitality, mixed-use, retail, office, residential, self-storage, senior/student housing, industrial, and government sectors.

Those interested in learning more about RD Managementís hospitality assets can contact Susan Griffin at (860) 670-1131 or griffins8@comcast.net.

About RD Management

Consistently ranked among the nationís largest, privately held real-estate development and management organizations, RD Management owns and operates a portfolio of 150+ assets throughout the United States and Puerto Rico, with properties spanning the mixed-use, retail, office, residential, hospitality, self-storage, senior/student housing, industrial, and government sectors. RD Management specializes in development, redevelopment, and acquisitions in key markets and maintains in-house expertise in leasing, property management, construction, accounting and finance, legal, and information technology services. With more than 40 years of experience, RD Management has a proven track record of enhancing the value of its properties through hands-on management, renovation, and expansion. For more information visit www.rdmanagement.com.

Coming Up In The December Online Hotel Business Review




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Feature Focus
Hotel Law: Issues & Events
There is not a single area of a hotelís operation that isnít touched by some aspect of the law. Hotels and management companies employ an army of lawyers to advise and, if necessary, litigate issues which arise in the course of conducting their business. These lawyers typically specialize in specific areas of the law Ė real estate, construction, development, leasing, liability, franchising, food & beverage, human resources, environmental, insurance, taxes and more. In addition, issues and events can occur within the industry that have a major impact on the whole, and can spur further legal activity. One event which is certain to cause repercussions is Marriott Internationalís acquisition of Starwood Hotels and Resorts Worldwide. This newly combined company is now the largest hotel company in the world, encompassing 30 hotel brands, 5,500 hotels under management, and 1.1 million hotel rooms worldwide. In the hospitality industry, scale is particularly important Ė the most profitable companies are those with the most rooms in the most locations. As a result, this mega- transaction is likely to provoke an increase in Mergers & Acquisitions industry-wide. Many experts believe other larger hotel companies will now join forces with smaller operators to avoid being outpaced in the market. Companies that had not previously considered consolidation are now more likely to do so. Another legal issue facing the industry is the regulation of alternative lodging companies such as Airbnb and other firms that offer private, short-term rentals. Cities like San Francisco, Los Angeles and Santa Monica are at the forefront of efforts to legalize and control short-term rentals. However, those cities are finding itís much easier to adopt regulations on short-term rentals than it is to actually enforce them. The December issue of Hotel Business Review will examine these and other critical issues pertaining to hotel law and how some companies are adapting to them.