Hampton Inn & Suites, Exeter, NH |
PALM BEACH, FL, Sept. 10, 2013—Officials with Island Hospitality, one of the
nation’s largest hotel management companies, today announced that it has been
engaged by Chatham Lodging Trust (NYSE:CLDT) to operate the 111-room Hampton
Inn & Suites in Exeter, N.H.
Tim Walker |
This engagement extends Island’s east coast penetration to
11 states and the District of Columbia and marks the 16th Hilton-branded hotel
in its growing portfolio.
The hotel was acquired earlier this summer by Chatham
Lodging Trust, a hotel real estate investment trust (REIT) focused on investing
in upscale extended-stay hotels and premium branded select-service hotels.
“Island has been steadily expanding its geographic footprint
this year, adding new markets like Pittsburgh and now a new east coast state,”
said Tim Walker, president of Island Hospitality.
“This hotel is a well-considered, strategic addition to our
portfolio as it has a similar operating environment to the very successful
Hampton Inn in Portland Maine which joined our portfolio earlier this
year.
" It also enhances our position as one of the most prominent operators of the leading select-service hotel brands.”
" It also enhances our position as one of the most prominent operators of the leading select-service hotel brands.”
The Hampton Inn & Suites opened in August 2010 and is
located in the seacoast area of southern New Hampshire. With convenient access to Interstate 95, the
LEED-certified hotel is proximate to Phillips Exeter Academy and strong
corporate clients such as Timberland, Bauer, Cobham, Sig Sauer and leisure
destination Hampton Beach.
Phillips Exeter Academy |
For a complete
copy of the company’s news release, please contact:
Lauralee Dobbins
Daly Gray, Inc.
703-435-6293
Lauralee@dalygray.com
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