CategoriesAcquisitions Hospitality News Property Management

ZMC Hotels, LLC expands portfolio in the Southeast with the acquisition of Hampton Inn New Albany

The Hampton Inn New Albany, Mississippi, is the latest acquisition to the ZMC Hotels management portfolio.

Acquired in early May on behalf of company-sponsored investment equities, the 84-room hotel built in 2010 is the thirteenth Hilton property under management by ZMC Hotels and expands the ZMC Hotels’ presence in the Southeast to twelve hotels across five states. A Tru Hotel by Hilton, currently under development in Sebring, Florida, will bring the Southeast presence to thirteen.

The Hampton Inn New Albany is a 2017 Trip Advisor Certificate of Excellence recipient and the top-ranked hotel in New Albany, a historic town on the banks of the Tallahatchie River in northeastern Mississippi, that was chosen by USA Today Readers as the Best Southern Small Town in 2017 among travel-worthy destinations. Roughly 30 minutes from Tupelo, 35 minutes from Oxford, and just 10 miles from the North American Toyota Corolla manufacturing plant, the hotel is ideally situated for business, leisure, and historical pursuits.

Hampton-Inn-New-Albany

CategoriesAcquisitions Hospitality News

ZMC Hotels acquires six branded properties and adds two states to Southeast portfolio

ZMC Hotels is pleased to announce the acquisition of six branded Marriott and Hilton hotel properties totaling 578 guest rooms to the ZMC Hotels’ management portfolio, on behalf of company-sponsored investment entities. Formerly part of the Buford, Georgia-based Ascent Hospitality, the hotels are located in Alabama, Mississippi, and Georgia, adding two new states and five new flags to the ZMC Hotels portfolio. Each hotel occupies a prime location with important tourist and business destinations nearby.

In Tupelo, Mississippi, the birthplace of Elvis Presley, ZMC Hotels has added a 93-room Courtyard by Marriott and an 87-room Fairfield Inn & Suites by Marriott. In Oxford, Alabama, ZMC Hotels has added an 81-room Home2 Suites by Hilton, and a 124-room Hilton Garden Inn, adjacent to the world-famous Talladega Speedway. And in Georgia, ZMC Hotels has added an 80-room Fairfield Inn & Suites by Marriott in the historic city of Savannah, as well as a 113-room Springhill Suites by Marriott in Statesboro, the home of Georgia Southern University.

Already well-positioned in the South with hotels in North Carolina, Alabama, and Florida, these additional six hotels expand ZMC Hotels’ presence in the Southeast, creating a strong regional presence to match that in the Upper Midwest and the Southwestern United States. The addition adds 220 employees to the ZMC Hotels’ family and brings the total portfolio to 40 hotels and more than 4,000 rooms across 13 states.

“The addition of these six hotels not only provides additional scale to our critical Southeast region but adds Springhill Suites, Fairfield Inn & Suites, Courtyard by Marriott, Hilton Garden Inn and Home2 Suites to our collection of brands under management,” said John Henry, Executive Vice President & Chief Operating Officer. “We’re thrilled to be welcoming these six new GMs and their employees to our rapidly growing ZMC Hotels family.”