Aimbridge Hospitality Portfolio Outperformed Competition During First Half of 2021 With RevPAR Index Gains Over 2020 and 2019

The Hospitality Company’s Portfolio Grew Across Each Vertical, Reflecting Strong Performance in the First Half of 2021.

USA, Plano, Texas. July 26, 2021

Aimbridge Hospitality, a leading multinational hospitality company, saw growth in the first half of 2021 with RevPAR index gains over 2020 and 2019.

Within the full range of the portfolio, expertise across each vertical allows Aimbridge to operate fully, understanding the nuance of each product category. As a result of the operating focus by vertical, growth is realized differently. For example, in the Luxury & Resorts, Full Service Corporate, Soft Brand/Independent and Economy verticals, competition-busting gains came from ADR compared to both 2020 and 2019, while the competitive advantage for the Extended Stay, Select Service, Select Service Enhanced and Full Service Group verticals were driven primarily by occupancy compared to both 2020 and 2019.

Mike Deitemeyer, president and CEO of Aimbridge Hospitality, said, "We are proud of the results our team delivered during the first half of the year accelerating demand. Importantly, with our expertise across all verticals, we captured the growth most profitable for each category."

Aimbridge Hospitality is entering the second half of the year with strong operating performance, with overall Market Share for June 2021 year-to-date up versus 2020 and 2019. During the first half of the year, Aimbridge transitioned or opened 118 hotels and executed another 16 new contracts for hotels not yet online.

Year to date, Aimbridge has realized portfolio growth across all verticals including:

Full Service Corporate, JW Marriott Santa Monica Le Merigot with 131 guestrooms
Full Service Group, Pointe Hilton Tapatio Cliffs Resort with 584 guestrooms
Luxury & Resorts, The Island Hotel - Fort Walton with 329 guestrooms
Select Service, Courtyard by Marriott Monterey Park with 288 guestrooms
Soft Brand & Independent, Hotel 1000 with 120 guestrooms

Earlier this summer, Aimbridge Hospitality acquired Grupo Hotelero Prisma, the largest third-party operator in Mexico, expanding its presence in the Latin American market. The acquisition saw Aimbridge gain Prisma's esteemed team and acquire 42 properties with over 7,500 rooms including the Westin Monterrey, JW Marriott Monterrey, JW Marriott Guadalajara and Tribute Tulum. In addition to Group Hotelero Prisma's alliances with large hotel groups including IHG Hotels & Resorts, Wyndham Hotel Group, Marriott International and Hilton Worldwide, it also maintains a collection of properties such as Casa Grande and Ex Hacienda San Xavier.

Courtyard Los Angeles Monterey Park

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About Aimbridge Hospitality

Aimbridge Hospitality is a leading, global hospitality company offering best-in-class hotel management services across a broad spectrum of franchised branded full service, select service, luxury hotels, destination resorts, convention centers and lifestyle hotels. Aimbridge's premium portfolio represents over 1,500 properties in 50 states and 23 countries, inclusive of pipeline. With the most robust brand diversity in the industry, Aimbridge operates 84 lodging brands, in addition to more than 90 independent boutique/lifestyle hotels in the portfolio. As the world's largest third-party operator, Aimbridge is dedicated to its mission to leverage its scale to add value for owners and opportunities for associates better than any other hotel operator. Aligned with a concentrated focus, agility, and expertise for each vertical, Aimbridge drives market success for hotels and optimizes investment returns for owners. Aimbridge Hospitality's global headquarters is based in Plano, Texas, with additional corporate offices in Atlanta, Calgary, Fargo, Puerto Rico, and Washington, D.C. Evolution Hospitality, Aimbridge's Lifestyle Division, is based in San Clemente, California, Aimbridge's International Division, Interstate Hotels & Resorts, has supporting offices across Europe in Amsterdam, Birmingham, and Glasgow. The company's division in Mexico, Group Hotelero Prisma, has offices in Monterrey and Mexico City. For more information, visit www.aimbridgehospitality.com and connect with Aimbridge on LinkedIn.