Aimbridge Hospitality Tapped to Manage the Embassy Suites Dallas Market Center Hotel
Leading hotel Management Company will operate the popular Dallas hotel
DALLAS, TEXAS - November 16, 2011 - Aimbridge Hospitality announced today that it has been engaged to manage the Embassy Suites Dallas Market Center Hotel, located in Dallas, Texas. The 248-room hotel features 5,000 square feet of meeting space, and is centrally located in the heart of Dallas, just minutes away from Downtown, Love Field Airport, American Airlines Center and the Dallas Arts District.
The hotel was recently purchased by a partnership including Five Star Realty Partners, Prospect Street Hotel Partners and an institutional partner. The ownership group plans an extensive $7 million renovation of all areas of the hotel that includes updating the guest suites and all meeting and public spaces, with anticipated completion in the early summer of 2012. The renovation will expand the meeting space from 3,000 square feet to 5,000 square feet and improve the hotel's exterior, lobby, restaurant, atrium and pool to ensure that the hotel continues providing the best service, amenities and experience for guests.
According to Dave Johnson, President and CEO of Aimbridge Hospitality, the Embassy Suites Dallas Market Center Hotel will continue to operate under the Embassy Suites brand.
“We are enthusiastic about this opportunity,” Johnson added, “and believe we can capitalize on the planned renovations to substantially increase the value of the hotel through top-line revenue growth and aggressive profit strategies.”
For more information, please visit the company's Web site at 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, Aimbridge currently owns and/or manages over 70 upscale, independent and branded hotels with nearly 11,000 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.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
