ALLIANCE HOSPITALITY TO MANANGE DOWNTOWN CLEARWATER RESIDENCE INN

Clearwater, Florida, September 12, 2016 – Alliance Hospitality announced today that it has added the Residence Inn in downtown Clearwater, Florida to its portfolio of managed properties. EJ Schanfarber, President and CEO of Alliance Hospitality, made the announcement.

The 115-room Residence Inn opened in 2008 and was renovated in 2014. The renovations included modernizing the hotel’s lobby and seating lounge, meeting room, breakfast dining areas and exercise room. New carpeting and wall coverings were installed throughout guest corridors, and new artwork and benches were placed in the elevator landings. The soft goods renovation included the replacement of linens, dining chairs, queen sofa beds, carpeting, artwork and wall vinyl.

The hotel sits in an ideal location in downtown Clearwater, in the midst of a dynamic urban area featuring restaurants, shops and nightlife attractions. It’s only three miles from Clearwater Beach, which was recently ranked the top beach in the United States by TripAdvisor on its Top 25 list for 2016. It’s also a recipient of TripAdvisor’s Certificate of Excellence and ranks among the top ten percent of hotels in the Clearwater market, inclusive of the hotels on Clearwater Beach.

“The Clearwater Residence Inn is a premier property and a great addition to our portfolio,” said Schanfarber. “It’s a top performer in a strong, growing market and positioned very well for growth. We will leverage our experience, resources and industry expertise to insure it remains a market leader.”

About Alliance Hospitality

Alliance Hospitality is an innovative next-generation hospitality company engaged in the acquisition, repositioning and management of hotels and resorts throughout the United States. Founded in 2003 to manage lodging assets for institutional investment groups, individual owners and lenders, and private equity groups, Alliance provides value by developing the highest caliber hospitality professionals, and through implementing proprietary tools and unique processes to create a comprehensive hospitality management platform. Alliance’s current portfolio of properties owned and managed includes luxury resort, full service, extended stay, all suite, and select service hotels operating under agreements with Marriott, Hilton, IHG, Carlson, Wyndham, Choice, and Starwood Hotels and Resorts.