Aimbridge Hospitality

Plano, Texas based Aimbridge Hospitality is a global third-party hotel management company with 1,330 hotels, resorts and conference centers located throughout North America and Caribbean, and 93 internationally, with a global pipeline of 234 properties as of November 2020.[1] Aimbridge Hospitality, co-founded by Dave Johnson, launched in 2003 with eight hotels. [2]

Aimbridge Hospitality
FormerlyInterstate Hotels & Resorts
IndustryHotel Management
Websitehttps://www.aimbridgehospitality.com/

Interstate Hotels & Resorts merged with Aimbridge Hospitality in 2019.[3] The merger integration was in full swing and in March 2020, the company responded to the effects of the pandemic.[4] In November 2020, Aimbridge Hospitality announced its expanded receiver services to help stabilize hotels with distressed debt and recover lost value due to the ongoing challenges in the hospitality industry.[5] In December 2020, the company announced Mike Deitemeyer as president and chief executive officer and Dave Johnson as executive chairman, effective January 1, 2021.[6]

Controversy

During the 2022 Russian invasion of Ukraine, Aimbridge Hospitality refused to join the international community and withdraw from the Russian market. Research from Yale University published on March 28, 2022 identifying how companies were reacting to Russia's invasion identified Aimbridge Hospitality in the worst category of "Digging in", meaning Defying Demands for Exit: companies defying demands for exit/reduction of activities.[7]

References
  1. "Structure, owner focus help Aimbridge through pandemic". www.hotelnewsnow.com. Retrieved 2020-12-14.
  2. "Our Story". Aimbridge Hospitality. Retrieved 2020-12-14.
  3. Hospitality, Aimbridge. "Aimbridge Hospitality and Interstate Hotels & Resorts Complete Merger Today". www.prnewswire.com. Retrieved 2020-07-27.
  4. "The advantage of scale: A look at the new Aimbridge". www.hotelnewsnow.com. Retrieved 2020-12-14.
  5. "Aimbridge expands hotel support services". Hotel Management. Retrieved 2020-12-14.
  6. "Aimbridge Hospitality names new CEO". Hotel Management. Retrieved 2020-12-14.
  7. "Over 450 Companies Have Withdrawn from Russia—But Some Remain". Yale School of Management. Retrieved 28 March 2022.
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