Waramaug LS Hotels Acquires SpringHill Suites by Marriott Newark Airport
BOCA RATON, FL. July 6, 207 - Waramaug LS Hotels LLC, in joint venture with a China-based investor, has acquired the SpringHill Suites by Marriott Newark Liberty International Airport hotel in Newark, New Jersey.
Located adjacent to Newark Liberty International Airport, the property is a 200-room, six-story, all-suite hotel that opened in 2004. The hotel's amenities include complimentary breakfast, a 24-hour Market, airport shuttle service, an indoor swimming pool, a fitness center, a business center and three event rooms tailored for business and social functions. The suites feature separated living areas, wet bars with refrigerators and microwaves and work stations with complimentary high-speed wireless Internet.
“The SpringHill Suites by Marriott Newark Airport provides a convenient, quality home-away-from-home hotel experience for business and leisure travelers,” said Paul Nussbaum, CEO and chairman of Waramaug LS Hotels. “We are pleased to add this strategic, New York metropolitan-area hotel to our portfolio.”
In addition to its airport proximity, the hotel is situated near prime shopping and recreational destinations, such as The Mills at Jersey Gardens and the Prudential Center, and within a 30-minute drive of New York City.
Interstate Hotels & Resorts, located in Arlington, Virginia, has been retained to manage the hotel.
About Waramaug LS Hotels LLC
Waramaug LS Hotels LLC is the select-service affiliate of Waramaug Hospitality, a privately held hotel investment firm that focuses on acquiring legacy-branded hospitality assets throughout the United States. Waramaug Hospitality's portfolio comprises 41 hotels with a total of 6,155 rooms. For more information, contact Paul Stern at info@waramaughospitality.com.
Contact:
Stacy Silver
ssilver@silverhospitalitygroup.com
954.306.0747
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
