Home2 Suites by Hilton Olive Branch — Photo by Aimbridge Hospitality

Aimbridge Hospitality, a leading global hospitality company, continues to expand its portfolio with the addition of three extended stay properties to its Select Service division. Conveniently located near airports in Mississippi, Virginia and Wisconsin, the properties were recently acquired by Three Wall Capital and bring 296 keys under Aimbridge Hospitality management.

The Select Service division at Aimbridge Hospitality will focus on elevating the guest experiences at each property, enhancing the value to Three Wall Capital through access to a talented team and best-in-class industry resources.

Aimbridge offers unmatched support to our growing portfolio of properties, and as we continue to acquire hotels nationwide, the exceptional management from Aimbridge offers us the industry insights and resources to achieve success. Alan Kanders of Three Wall Capital
Our team is dedicated to supporting our owners, providing unmatched value and bottom line impacts to generate meaningful results for partners like Three Wall Capital. We look forward to continuing our relationship to drive returns as we harness the potential of these assets. Simon Mendy, Divisional President, Aimbridge Select Service

The properties are:

  • Home2 Suites by Hilton Olive Branch (94 rooms), located at 7595 Lodging Ln. Olive Branch, MS 38654
  • Candlewood Suites Appleton (82 rooms), located at 4525 West College Ave. Appleton, WI 54914
  • Candlewood Suites Norfolk Airport (120 rooms), located at 5600 Lowery Rd. Norfolk, VA 23502

Since 2019, Aimbridge Hospitality has assumed management of 73 extended stay, select service, and full service properties owned by Three Wall Capital. The hotel investment group has shared plans to acquire and develop 35 additional midscale and upscale extended stay hotels over the next 18 to 24 months.

About Three Wall Capital

Three Wall Capital, LLC is a New York City based investment group focused on investing in hospitality real estate. Founded in 2008 by Alan Kanders, TWC has invested over $2.0 billion in the hospitality sector including acquisition, new construction, redevelopment, and recapitalization opportunities across all hotel asset classes from 5-star luxury to extended stay. TWC’s current primary strategy is to acquire extended stay hotels in secondary and tertiary markets. TWC’s current portfolio encompasses 79 hotels of which 72 are extended stay properties affiliated with the Extended Stay America, Candlewood Suites, Staybridge Suites, Residence Inn by Marriott, TownePlace Suites by Marriott, Homewood Suites by Hilton, and Home2 Suites by Hilton. To learn more, visit www.threewallcapital.com.

Aimbridge Hospitality

Aimbridge Hospitality is a leading global hospitality management company with a growing hotel portfolio representing more than 1,500 properties under contract in 20 countries. As a top hotel management company and trusted operator of over 80 lodging brands and distinctive luxury and lifestyle assets, Aimbridge leverages its scale and operational excellence to consistently deliver results for hotel owners and offer unparalleled opportunities for associates around the globe. Aimbridge adds value through focused, expertise-driven operating divisions in Full Service, Evolution Lifestyle, Enhanced Select Service, and Select Service, optimizing owners' investment returns and driving hotel market success. The Aimbridge EMEA Division has supporting offices across Europe in Amsterdam, Birmingham, and Glasgow. The Aimbridge LatAm Division has offices in Monterrey and Mexico City. Aimbridge Hospitality's global headquarters is based in Plano, Texas. To learn more, visit www.aimbridgehospitality.com. Connect with Aimbridge on LinkedIn.