Aimbridge Hospitality has completed its merger with Interstate Hotels & Resorts. The combined company will manage a portfolio of more than 1,400 branded and independent properties in 49 states and 20 countries. Terms of the transaction were not disclosed.
Dave Johnson, cofounder and former ceo of Aimbridge, is the ceo of the combined business. Michael Deitemeyer, former President and ceo of Interstate, is global president, overseeing operations globally and corporate disciplines. The merged company has a talent pool of more than 60,000 employees.
With the completion of the merger, the newly combined company will be positioned under the Aimbridge Hospitality name in the Americas and headquartered in Plano, Texas. Additional Aimbridge corporate offices will be located throughout North America in Atlanta, Calgary, Chicago, Fargo, National Landing, Puerto Rico, San Clemente, Scottsdale and Toronto. The Interstate brand will be utilized for international markets with supporting offices spread across Europe in Amsterdam, Birmingham, Glasgow and Moscow.
Photo, The Resort at Coco Beach: Courtesy of Aimbridge Hospitality