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Spire Hospitality is Awarded the Management Agreement of Eight Embassy Suites Hotels

NEW YORK, NY – AWH Partners, LLC – a privately held, New York-based, real estate investment, development and management firm – announces that as a part of the company’s hotel ownership portfolio expansion plan, it has selected Spire Hospitality to manage its soon-to-close, eight Embassy Suites Hotels. Upon taking over the Embassy Suites Hotels, Spire Hospitality, one of the nation’s leading and most respected hotel management companies, will immediately begin to reposition the assets including supporting AWH Development in implementing more than $50 million in capital improvements.

The new collection of Embassy Suites Hotels are located in dynamic markets representing a broad geographic distribution.

“We are thrilled to have been selected to manage this significant collection of hotels with an industry leading brand, history of solid guest performance and a great team of existing associates, who we look forward to bringing into the Spire Hospitality team,” said Bill DeForrest, president and CEO of Spire Hospitality. “We are grateful for the expansion of our relationship with AWH Partners and this demonstration of their confidence in our team’s ability to quickly and seamlessly deploy our management team while installing our topline processes and procedures to take this great portfolio to new heights.”

Spire brings more than 35 years experience of successfully managing hotels and resorts working with the best brands in the industry including Hilton, Marriott and InterContinental Hotels Group as well as significant success with independent unique branded assets. DeForrest serves on the InterContinental Hotels Group Owners Association Board of Directors and was its 2010 Global Chairman and Spires’s entire leadership team is involved on industry, brand and hotel association boards and committees.

“Our substantial experience repositioning hotels, including both strong capital and operational transformations, give us the confidence and knowledge to take on a project of this magnitude and deliver on AWH’s ownership objectives. We are looking forward to building on the existing team’s current and future commitment to great guest service and operational performance,” says DeForrest.

For more information on Spire Hospitality, please visit www.SpireHotels.com or call 847.291.5716.