Home Hotel management HHM transforms twenty-five Premier Marriott and Hilton hotels with four new institutional clients |

HHM transforms twenty-five Premier Marriott and Hilton hotels with four new institutional clients |

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Philadelphia, Pa., March 08, 2022 (GLOBE NEWSWIRE) — HHM has incorporated 25 upscale, full-service, select-service and extended-stay hotels into its managed portfolio of 185 hotels coast-to-coast. The newly added hotels have stable, long-term management agreements for nearly 4,000 rooms across various Marriott and Hilton brands. These properties are strategically located in and around existing HHM markets such as Denver, Austin, Tampa, Fort Lauderdale and Chicago, while adding hotels in new HHM markets such as Salt Lake City, Louisville and Omaha.

Notably, this expansion of the managed portfolio adds three publicly traded real estate investment trusts (REITs) that have not worked with HHM in the past, as well as a leading private equity firm to its list of very strong institutional owners. stable.

The past two years have presented significant net growth opportunities for HHM, which has added more than 65 hotels, including 20 hotels through its investment platform. HHM today operates more than 185 hotels in 30 states for nearly 25 institutional owners.

“We are both humbled and excited by this new opportunity,” said HHM President and CEO Naveen P. Kakarla, “knowing that growth is a privilege and a direct result of our past results. and our positive reputation in the marketplace. We are excited and very focused on our initial work with these four new owners and partners, each of which presents growth and career opportunities for HHM and our team members.”

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About HHM

Based in Philadelphia, HHM is an award-winning hotel management and investment firm that operates more than 185 full-service and select-service hotels in 30 states and virtually every major hotel market coast-to-coast. HHM is a leading manager of Marriott and Hilton hotels, while operating more than 30 independent hotels ranging from the Rittenhouse Hotel in Philadelphia to the Joule Hotel in Dallas to the Whitney Hotel in Boston. HHM’s highly experienced operations team is known for being nimble, accountable and entrepreneurial in how it drives industry-leading results for owners, including publicly traded companies, private equity firms and investors. of a family office. Additional information about HHM can be found at hhmhospitality.com.

HHM Investments HHM (215) 238-1046 [email protected]

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