Aimbridge Hospitality has added three extended-stay properties recently acquired by Three Wall Capital to its portfolio. Located along routes near Minneapolis and St. Louis, the properties bring 277 keys under Aimbridge management.
The properties are:
- Staybridge Suites Eagan Airport (89 rooms), located in Eagan, Minn.
- Extended Stay America St. Louis Fenton (94 keys), located in Fenton, Mo.
- Candlewood Suites St. Louis St. Charles (94 keys), located in Saint Charles, Mo.
Aimbridge and Three Wall Capital first established a partnership in 2019, and now Aimbridge is responsible for the management of more than 65 extended-stay, select-service and full-service properties owned by TWC.
Three Wall Capital plans to acquire and develop another 35 midscale and upscale extended stay hotels over the next 18 to 24 months.
“It is critical for us to have the right partners for our owned properties, and Aimbridge has the right people, management approach, and resources to bring value to our hotels,” said Alan Kanders of Three Wall Capital, in a statement.