Aimbridge Hospitality, L.P.
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Aimbridge Hospitality, L.P. - overview
Established
2003
Location
Plano, TX, US
Primary Industry
Travel & Leisure
About
Aimbridge Hospitality, L. P. is a premier hotel management company focused on delivering tailored operational solutions for hotels and resorts, enhancing guest experiences through strategic management and innovative food and beverage concepts. Founded in 2003 and headquartered in Plano, US, Aimbridge Hospitality specializes in hotel and resort management.
In January 2019, Advent International acquired a majority stake in the company, transitioning from previous ownership by Lee Equity Partners and General Atlantic. CEO Ramesh Lamsal leads the company, which has completed four deals to date. Aimbridge Hospitality specializes in the management of hotels and resorts, providing comprehensive solutions for food and beverage (F&B) concepts, along with branding strategies tailored for the hospitality industry. The company's core offerings focus on luxury, complex, and distinctive properties, leveraging deep market insights and operational expertise to enhance guest experiences.
Aimbridge serves a diverse clientele comprising over 80 hotel brands across various geographic markets, including North America, Europe, and Latin America. The end users of Aimbridge's services are hotel owners and operators seeking to optimize their property performance, as well as guests looking for high-quality accommodations and amenities. The company’s operational divisions ensure that it addresses specific verticals and specialties, streamlining processes to maximize efficiency and guest satisfaction. Aimbridge Hospitality generates revenue through various channels, primarily by entering into management agreements with hotel owners and operators.
This transaction structure typically involves the company receiving a management fee, often structured as a percentage of total revenue generated by the properties it manages. Additionally, Aimbridge may engage in partnerships related to F&B services and branding initiatives, which could involve incentive-based compensation linked to performance metrics. The pricing structure for management services is calibrated according to the scale and complexity of the properties, ensuring that both Aimbridge and its clients benefit from a mutually advantageous relationship. By consistently delivering results and fostering exceptional guest experiences, Aimbridge solidifies its position as a trusted operator in the hospitality sector.
Following the majority acquisition by Advent International in January 2019, Aimbridge Hospitality plans to utilize this investment to support its recovery and expansion strategies. The company is looking to expand its portfolio significantly by targeting new markets, though specific locations and timelines have not been disclosed. The funding will be leveraged to create opportunities that align with Aimbridge’s growth objectives.
Current Investors
Advent International
Primary Industry
Travel & Leisure
Sub Industries
Consulting Services, Hospitality Services, Hotels & Accommodations
Website
www.aimbridgehospitality.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Aimbridge Hospitality, L.P. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Interstate Hotels & Resorts, Inc. | - | ||||||||
| Secondary Buyout | Completed | Aimbridge Hospitality, L.P. | - | ||||||||
| Private Debt | Completed | Aimbridge Hospitality, L.P. | - | ||||||||
| N/A | Completed | Residence Inn Pittsburgh North Shore, SpringHill Suites Pittsburgh North Shore | - | ||||||||
| Growth | Completed | Aimbridge Hospitality, L.P. | - |
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