CommonWealth Lodging, formerly known as Afton Hospitality, has added five hotels to its management portfolio.
The portfolio includes the following premium branded hotels in the Marriott International (NASDAQ: MAR) and Hilton Worldwide (NYSE: HLT) franchise systems:
- 170 room Fairfield Inn & Suites by Marriott Lake Buena Vista in Orlando, Florida
- 139 room Fairfield Inn by Marriott Orlando Airport in Orlando, Florida
- 130 room Courtyard by Marriott Charlotte - Gastonia in Gastonia, North Carolina
- 208 room DoubleTree by Hilton North Druid Hills / Emory Area in Atlanta, Georgia
- 111 room Hampton Inn by Hilton North Druid Hills in Atlanta, Georgia
Edward C. Denton, Executive Vice President of CommonWealth Lodging said, “We will continue to work to identify great hotels in great locations, while aligning with the finest brands and hiring the best talent in the industry. We are excited to welcome our new associates at these five hotels and look forward to further accelerating our growth through the exceptional talent of our great employees and partners. “
In 2012, Afton Hospitality merged with Richmond based Commonwealth Commercial Partners, a vertically integrated, full service commercial real estate firm. Collectively, Commonwealth Commercial and its subsidiaries now manage approximately 10,000,000 square feet of hospitality, office, retail, industrial, and multi-family assets in 10 states.
In June of 2014 the company added the Richmond Marriott West, a 242-room full service hotel in the Innsbrook business park to its portfolio.
With today’s announcement CommonWealth Lodging now manages nine hotels in four states with more than 1,300 rooms and 360 employees. The company is an approved operator for the major hotel franchise companies, including Marriott International (NASDAQ: MAR), Hilton Worldwide (NYSE: HLT), Choice Hotels (NYSE: CHH) and Wyndham Worldwide (NYSE: WYN).
Timothy J. Stiffler, President of CommonWealth Lodging said, “We set out with a vision three years ago and thanks to a great team and committed partners we are on the path toward achieving our goal of becoming a nationally recognized hotel management company. As evidenced by this transaction, our partnership with Lingerfelt Commonwealth Partners provides an ideal platform for significant growth, both through acquisitions as well as through third party hotel management and consulting relationships.”
About CommonWealth Lodging Management, LLC
CommonWealth Lodging™ is a Virginia Beach, Virginia based hospitality management and consulting firm offering hotel management services to institutional owners and lenders. The firm's principals have significant experience in the management of nationally franchised hotel assets with a strong background in hotel operations, franchise relations, lodging development and hotel finance. Since inception in 2009 (formerly known as Afton Hospitality), the company and its affiliates have managed more than 20 hotels from Virginia to Georgia, including independent hotels and franchise locations for Marriott International, Choice Hotels, and Wyndham Hotel Group brands. CommonWealth Lodging Management, LLC is a division of CommonWealth Commercial Partners, LLC, a full service, vertically integrated commercial real estate firm headquartered in Richmond, Virginia.
Visit www.CommonWealthLodging.com for more information.
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