CHICAGO (AUGUST 2021) — Chicago-based hotel investment and management company, Arbor Lodging Partners, was recently announced a winner during the awards presentation of the Americas Lodging Investment Summit (ALIS) on Wednesday, July 28. Arbor Lodging Partners was honored with the Merger & Acquisition of the Year 2020 award for its substantial 12-hotel portfolio acquisition in January of 2020. The acquisition expanded Arbor Lodging Partners’ portfolio to 37 unique, diverse full-service and select-service properties across the United States, and has further established Arbor Lodging as a leader in the hospitality industry.
“We are thrilled to be honored with this award,” said Vamsi Bonthala, Chief Executive Officer of Arbor Lodging Partners. “It is a wonderful recognition of the amazing team at Arbor that worked tirelessly on the complicated acquisition of these 12 properties and continued their exceptional efforts operating these assets post-closing. We were among great company for this award, so we are thankful to be recognized as the winner and will continue to propel ourselves further as we head back to a place where business and leisure travel once again becomes the norm.”
Arbor’s winning portfolio consisted of the Hilton Garden Inn Pasadena/Arcadia, Springhill Suites Pasadena/Arcadia, Hampton Inn Irvine/Lake Forest, Hilton Garden Inn Irvine/Lake Forest, Hilton Garden Inn Bakersfield, Hilton Garden Inn Folsom, Hilton Garden Inn Roseville, Courtyard Inn Hartford/Farmington, Residence Inn Hartford/Rocky Hill, Homewood Suites Wallingford, Homewood Suites Somerset and Residence Inn Mount Olive. Expanding its portfolio to 37 full-service and select-service hotels consisting of nearly 5,000 rooms across 21 markets in 15 states, Arbor Lodging Partners continues to establish its position as a leading national player in the hospitality industry. The hotels are managed by Arbor Lodging Partners’ affiliate, Arbor Lodging Management.