Trending...
- Launch of Def Leppard beauty collection creating Hysteria in the makeup industry
- Our Hungry Kitchen: Enjoy Making And Preparing Your Favorite Dishes For Friends And Family
- Speede Fitness draws massive crowds at IHRSA as company continues to disrupt the fitness industry
OMAHA, Neb. - illiNews -- InterMountain Management is pleased to announce their partnership with Gemini Hotel Group, to manage their Staybridge Suites Omaha 80th & Dodge in Omaha, NE. InterMountain assumed management of the Staybridge Suites on October 1, 2020. The 102-suite extended stay hotel is well-located for both business and leisure travelers given its proximity to Children's Hospital & Medical Center, University of Nebraska Medical Center, Methodist Hospital, and downtown Omaha's attractions, including The Old Market district and Henry Doorly Zoo.
Gemini sought a management partner with deep experience within the extended stay segment and an understanding from an ownership perspective of what is needed at the property to deliver superior financial results while improving employee and guest satisfaction. Brian Nudd, Chief Investment Officer of Gemini, said, "We are excited to enter into this management partnership with InterMountain. Our mission as the new owner is to work with InterMountain to improve the asset's physical condition, financial management, and service quality, while contributing meaningfully to the local community, notably with Children's Hospital & Medical Center located across the street from our hotel."
More on illi News
Stan Jones, EVP of Development for InterMountain, added, "As a family-owned company, we first and foremost recognize there is alignment in Gemini's and InterMountain's strategy to partner with like-minded owners who are more focused on building strong long-term relationships than maintaining a pure transaction mindset. Our team is excited to take part in supporting Gemini in their growth goals."
Staybridge Suites Omaha 80th & Dodge is located at 7825 Davenport Street, Omaha, NE, across the street from the newly constructed Hubbard Center for Children, a 100-bed expansion of Children's Hospital & Medical Center. For more information or reservations, please call Staybridge Suites at 402-933-8901 or visit www.ihg.com.
ABOUT GEMINI HOTEL GROUP
Gemini is a private equity fund that invests in institutional-quality hotels on behalf of financial advisors, family offices, hedge funds, endowments, and other accredited investors. Gemini's principals have decades of diverse hotel industry experience, including design, development, finance, operations, and asset management. The foundation of Gemini's success is a value-based, long-term approach to investing, combined with hands-on asset management, which has proved to be successful at all points of the real estate cycle. For more information about the firm, please visit www.geminihotelgroup.com.
More on illi News
ABOUT INTERMOUNTAIN MANAGEMENT
As one of North America's largest hotel management and development companies, InterMountain Management specializes in the select-service and extended-stay hotel segments. For over 35 years, InterMountain Management's dedication to success is proven in the results as a hotel owner, management company and hotel developer. Going well beyond the basic offerings most hotel management companies provide, InterMountain offers a wide variety of services, including property management, new-build development, renovation and procurement, and much more. They also employ entire in-house Revenue Management and e-Commerce teams, ensuring the hotels they manage are constantly driving and capturing revenue through every available channel. InterMountain currently owns and/or manages approximately 85 premium branded hotels nationwide, with an additional 20 in their pipeline. For more information, or to view hotel locations across the U.S., visit their website at www.IMMHotels.com.
Gemini sought a management partner with deep experience within the extended stay segment and an understanding from an ownership perspective of what is needed at the property to deliver superior financial results while improving employee and guest satisfaction. Brian Nudd, Chief Investment Officer of Gemini, said, "We are excited to enter into this management partnership with InterMountain. Our mission as the new owner is to work with InterMountain to improve the asset's physical condition, financial management, and service quality, while contributing meaningfully to the local community, notably with Children's Hospital & Medical Center located across the street from our hotel."
More on illi News
- Signs By Veterans and Savage Shakers Founder Announces Sponsorship for #TEAMUSA Para-Athlete Brian Conwell
- InventHelp Inventor Develops Safe & Simple Way to See Behind You (CLR-107)
- Michael Jordan's Rare Bulls Playoff Jersey Could Fetch Up To $1,000,000 At Auction and Will Help Feed Homeless Families in The Chicago Area USA - English USA - English
- Polynt Group Announces North American Coatings Capacity Expansion
- XAI Octagon Floating Rate & Alternative Income Term Trust Closes Private Placement of Convertible Preferred Shares and Registered Direct Placement of Common Shares
Stan Jones, EVP of Development for InterMountain, added, "As a family-owned company, we first and foremost recognize there is alignment in Gemini's and InterMountain's strategy to partner with like-minded owners who are more focused on building strong long-term relationships than maintaining a pure transaction mindset. Our team is excited to take part in supporting Gemini in their growth goals."
Staybridge Suites Omaha 80th & Dodge is located at 7825 Davenport Street, Omaha, NE, across the street from the newly constructed Hubbard Center for Children, a 100-bed expansion of Children's Hospital & Medical Center. For more information or reservations, please call Staybridge Suites at 402-933-8901 or visit www.ihg.com.
ABOUT GEMINI HOTEL GROUP
Gemini is a private equity fund that invests in institutional-quality hotels on behalf of financial advisors, family offices, hedge funds, endowments, and other accredited investors. Gemini's principals have decades of diverse hotel industry experience, including design, development, finance, operations, and asset management. The foundation of Gemini's success is a value-based, long-term approach to investing, combined with hands-on asset management, which has proved to be successful at all points of the real estate cycle. For more information about the firm, please visit www.geminihotelgroup.com.
More on illi News
- Indie Brand Vow Beauty Enters Walmart
- Discover Financial Services Announces Second Quarter 2022 Earnings Release on July 20,2022, and Conference Call on July 21, 2022
- Chicago: Statement from Mayor Lori E. Lightfoot
- James Postrasija, CEO of Order Food Online on Platform Features/Benefits
- Disney Good Neighbor Hotel Lulu is Open for the Summer
ABOUT INTERMOUNTAIN MANAGEMENT
As one of North America's largest hotel management and development companies, InterMountain Management specializes in the select-service and extended-stay hotel segments. For over 35 years, InterMountain Management's dedication to success is proven in the results as a hotel owner, management company and hotel developer. Going well beyond the basic offerings most hotel management companies provide, InterMountain offers a wide variety of services, including property management, new-build development, renovation and procurement, and much more. They also employ entire in-house Revenue Management and e-Commerce teams, ensuring the hotels they manage are constantly driving and capturing revenue through every available channel. InterMountain currently owns and/or manages approximately 85 premium branded hotels nationwide, with an additional 20 in their pipeline. For more information, or to view hotel locations across the U.S., visit their website at www.IMMHotels.com.
Source: InterMountain Management
0 Comments
Latest on illi News
- NIRI Chicago Elects 2022-2023 Officers and Directors
- AI Tech Company Nala Robotics Signs Expansion Deal with Slice Factory Pizza Chain
- Zebra Technologies Introduces New PartnerConnect Public Sector Specialization Program for Channel Partners
- New Factbook Delivers First Reference Compilation for 2022 Russia-Ukraine War
- XAI Octagon Floating Rate & Alternative Income Term Trust Announces Private Placement of Convertible Preferred Shares and Registered Direct Placement of Common Shares
- International Couture Fashion Designer Nathalie Loma Opens Her Second Store
- New ComEd Substation Brings Science to Life at Argonne National Laboratory
- Mutual Aid Ambulance Service Partners with Excela Health for Paramedic Training Program
- In2Scuba Diving Co. of Maui introduces its exclusive beginner scuba diving lessons
- Speede Fitness draws massive crowds at IHRSA as company continues to disrupt the fitness industry
- Chicago: Mayor Lightfoot Announces Michelle Mills Clement as New Board Member of the Metropolitan Pier and Exposition Authority (MPEA)
- Mill Point Capital Completes Sale of KKSP Precision Machining
- Always Ontime: Chaos City - Super Hero Graphic Novel with Neal Adams Cover Launches from Panopolis Metaverse
- Our Hungry Kitchen: Enjoy Making And Preparing Your Favorite Dishes For Friends And Family
- New Hampshire Becomes the 15th State to Require Personal Finance as a Core Academic Subject
- Virtual Workplace Platform Developer REACH Expands Executive Team, Positioning the Company to Drive International Growth
- Endevica Reports the U.S. FDA Accepted Its Investigational New Drug (IND) Application for TCMCB07, a Melanocortinā4 Antagonist Peptide
- Health Advisory: Protecting Yourself and Others from Monkeypox
- Kindle FREE June 28-29: Powerful new memoir from Santa Molina-Marshall poised to help heal abuse victims through inspiring storytelling
- GoodLoan.io announces new program to unlock up to $500,000 for Home Equity Investment