Aimbridge Hospitality Acquires Bellstar Hotels & Resorts, Ltd.

DALLAS — Independent hotel-investment and management firm
Aimbridge Hospitality announced that its Canadian affiliate has
acquired Canadian condo-hotel management company, Bellstar Hotels
& Resorts, Ltd. 

Bellstar manages luxury destination resorts across western
Canada. 

“I’m excited to pass the torch to Aimbridge Hospitality, a
company just as dedicated to innovation and revenue growth,” says
Dale Hodgson, CEO at Bellstar Hotels & Resorts. “The robust
infrastructure and proven managerial performance Aimbridge brings
to the table bodes really well for our owners and guests going
forward.”  

The transaction adds seven Canadian properties with a total of
more than 600 keys to Aimbridge Hospitality’s hotel portfolio.
The newly acquired properties, all independent assets located in
Western Canada, include: 

  • Grande Rockies Resort, Canmore, Alta.
  • Solara Resort & Spa, Canmore, Alta.
  • Glacier Mountaineer Lodge, Golden, B.C.
  • Kicking Horse Homes, Golden, B.C.
  • Palliser Lodge, Golden, B.C.
  • The Royal Kelowna, Kelowna, B.C.
  • The Beach Club Resort, Parksville, Vancouver Island, B.C.

In addition to the seven condo-hotel management agreements,
Aimbridge will acquire a corporate office in Calgary that currently
employs 18 people in support of the Bellstar portfolio. 

“The acquisition of this robust company and its seven thriving
properties is a huge addition to Aimbridge Hospitality’s
international portfolio,” says Dave Johnson, Chairman and CEO at
Aimbridge Hospitality. “As we look toward international
expansion, we’re proud to welcome these properties to our
management portfolio and look forward to ongoing success in the
Canadian market.”  

The post
Aimbridge Hospitality Acquires Bellstar Hotels & Resorts,
Ltd.
appeared first on Hotelier Magazine.

Source: FS – All-Hotels-Blogs
Aimbridge Hospitality Acquires Bellstar Hotels & Resorts, Ltd.