Back To News/PR Index | | | The American Hospitality Properties Fund III, LLC was created with a focus on identifying and acquiring limited and upscale select service hotels in the United States which provide cash flow and value-added opportunities for the company. “The closing of this fund is an important milestone for Phoenix American Hospitality and reflects on our team’s professional experience in investments and ability to produce results,” said Perch Nelson, President and Chief Executive Officer of Phoenix American Hospitality. “We will continue to focus on acquisition and management opportunities to expand our ever-growing portfolio.” The American Hospitality Properties Fund III, LLC acquired 17 upper midscale and upscale hotels in the United States which have a strong brand affiliation. The group of Hyatt, Marriott and Hilton brand hotels include:
PAH Management is a fast growing, unique company that owns and manages their assets led by a team of seasoned hospitality professionals. Managing seventeen properties across the United States, PAH Management focuses on top tier Marriott, Hilton and Hyatt select service brands. PAH Management has a proven track record taking each of their properties to the next level in terms of revenue generation, expense reduction, quality, associate engagement and ownership returns. Media
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