November 14, 2019
Aimbridge Hospitality Selected to Manage Three Marriott Properties in Indianapolis
Aimbridge Hospitality announces it has been selected to manage three Marriott International-branded properties located in Indianapolis, Indiana. The portfolio includes Marriott Indianapolis East, Fairfield Inn & Suites Indianapolis East and Delta Indianapolis East.
The hotels are owned by U.S. OCG, a global investment firm based in Los Angeles. This management agreement marks the first partnership between U.S. OCG and Aimbridge Hospitality.
“Aimbridge Hospitality has a renowned reputation as the leading hotel management firm, and we are looking forward to the success our first partnership will bring,” said Ruilin Wang, the Director of Business Development of U.S. OCG. “We have had a successful history of partnering with Interstate Hotels and Resorts and are eager for the strong results that the Aimbridge and Interstate merger will achieve for our hotel properties.”
The three properties, which share a parking lot, are in close proximity to downtown, and together offer the largest meeting space in east Indianapolis. The Delta Indianapolis East recently underwent a full renovation including a rebrand from La Quinta. Beginning in 2020, both the Marriott Indianapolis East and Fairfield Inn & Suites Indianapolis East will undergo renovations. The $21 million Marriott Indianapolis East renovation will include a full-scale remodel of all guest rooms, public spaces and meeting spaces, while the Fairfield Inn & Suites Indianapolis East renovation will focus on a refresh of all guest rooms.
“We are proud to win the confidence of U.S. OCG and bring our expertise and brand experience to this key portfolio,” said Dave Johnson, Chief Executive Officer of Aimbridge Hospitality. “We look forward to adding value to each of these properties and establishing a successful long-term partnership with this ownership group.”
Marriott Indianapolis East is located at 7202 East 21st Street; Fairfield Inn & Suites Indianapolis East is located at 7110 East 21st Street; and Delta Indianapolis East is located at 7304 East 21st Street in Indianapolis, Indiana 46219.
About U.S. OCG
U.S. OCG is a global investment firm based in Los Angeles, California. It is the owner of six hotels across the United States and strives to diversify its portfolio to include multi-family, office buildings, and senior living.
For more information on U.S. OCG, please visit http://www.usocg.com/