Aimbridge Hospitality Now Managing Hilton Garden Inn Philadelphia/Fort Washington

. December 10, 2013

December 10, 2013 - Aimbridge Hospitality is pleased to announce that it has assumed management of the Hilton Garden Inn Philadelphia/Fort Washington in Fort Washington, Pennsylvania.

The 146-room North Philadelphia hotel features a 24-hour business center, complimentary wireless internet throughout the hotel, a fitness center and pool, more than 6,000 square feet of meeting and event space, and is home to The Garden Grille and Bar, The Great American Grill and The Pavilion Lounge.

The Hilton Garden Inn Philadelphia/Fort Washington represents the third Hilton Garden Inn property and the thirty third Hilton Hotels and Resorts property in Aimbridge Hospitality's portfolio.

“We are pleased to have been selected by the new owner, Laurus Corporation, and about the opportunity to expand our relationship with Hilton Hotels and Resorts and add an additional Hilton Garden Inn property to our portfolio,” said Dave Johnson, President and CEO of Aimbridge Hospitality.

"This hotel is an opportunity to add a well-located institutional quality asset in one of the nation's premier business parks to our portfolio," said Austin Khan, Chief Investment Officer of Laurus Corporation. "Aimbridge's experience will be a great asset in executing our business plan as we continue our focus on maximizing the value of the property as the market recovery continues."

Under new management and ownership, the Hilton Garden Inn Philadelphia/Fort Washington will undergo renovations to the soft goods in guestrooms.

For more information on Aimbridge Hospitality, please visit www.aimbridgehospitality.com.

About Aimbridge Hospitality

Aimbridge Hospitality is the nation's second largest 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 more than 180 upscale, independent and branded hotels with nearly 25,000 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, Choice Hotels and the Phoenix Inn Suites chain of hotels. For more information on Aimbridge Hospitality, please visit www.aimbridgehospitality.com.

Business Contact:

Claire Butterworth
T: 214-654-0402
E: [email protected]

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