InterMountain Management Announces Partnership with Gemini Hotel Group for Management of the Staybridge Suites Omaha 80th & Dodge, NE
illi News/10084288

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."

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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.

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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.