USA | Aimbridge Hospitality has refreshed its Board of Managers, appointing an array of top industry professionals to lead the company.
Aimbridge Hospitality, a leading global hotel management company and the world's largest third-party hotel operator, has announced the appointment of a refreshed, expanded Board of Managers that brings deep experience in hospitality and further strengthens Aimbridge's foundation for long-term success.
These Board appointments follow the successful completion of the Company's previously announced balance sheet restructuring.
The four new Managers – Glenn Alba, Rich Gomel, Carrie McIntyre, and Emanuel (Manny) Pearlman – join current Board members Steve Joyce and Craig S. Smith, CEO of Aimbridge Hospitality.
"We are excited to have Glenn, Rich, Carrie, and Manny join the Aimbridge Board at this important moment for the Company," said Smith.
"They bring impressive track records and significant expertise across hospitality, real estate, and finance, and we look forward to leveraging their leadership and unique insights to deliver best-in-class hotel operating performance, advancing our position as the hotel operator of choice."
"We're now in a position of strength with one of the healthiest balance sheets in the industry. Looking ahead, the goal and game plan are clear – deliver results for our owners and brand partners. We're doubling down on execution, ramping up investments, and accelerating innovation in the services that set us apart. It all comes down to driving even better performance across our properties and portfolio and creating an even stronger Aimbridge," Smith added.
With the support of 100 percent of the Company's lenders, Aimbridge successfully converted more than USD 1 billion of debt into equity and received USD 100 million in new capital. This strengthened balance sheet provides enhanced liquidity and new resources to further invest in the Company's strategy and operational capabilities, drive performance, and further bolster its leadership position.
A trusted operator of over 80 globally recognised lodging brands and distinctive luxury and lifestyle assets, Aimbridge delivers compelling results for hotel owners by leveraging proprietary data and insights as an authority in key markets and destinations while creating exceptional guest experiences.
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