Tuesday, September 10, 2013

Island Hospitality Expands Growing Footprint into 22nd State

  
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.”  

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
The non-smoking hotel offers numerous complimentary amenities, including WiFi throughout the hotel and a daily hot breakfast.  Additionally, each room is equipped with the brand’s popular clean and fresh Hampton bed, as well as 37-inch flat screen televisions.

 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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