REMINGTON HOTELS AND TCOR HOTEL PARTNERS ANNOUNCE NEW MANAGEMENT AGREEMENT WITH SPRINGHILL SUITES AUSTIN WEST/LAKEWAY BY MARRIOTT

The hotel marks Remingtonā€™s fourth property in the greater Austin area

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DALLASĀ (January 13, 2022)Ā ā€“ Remington Hotels, a leading third-party management company, has assumed management of the SpringHill Suites Austin West/Lakeway by Marriott in Lakeway, Texas.

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The 88-room property opened in August 2020 as a top business and leisure offering in the area. The all-suite hotel equips guests with maximum room to spread out with separate areas to live, work and sleep. Guestrooms include comfortable beds with soft linens, SpringHill Suitesā€™ custom, three-in-one West Elm sofas which convert for additional sleeping space, and well-lit desks accompanied by a West Elm Swivel Chair. Beyond the spacious rooms, SpringHill Suites Austin West/Lakeway by Marriott includes an indoor swimming pool, fitness center, fully equipped boardroom, stylish lobby, and grab and go market.

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Located near Texas Hill Country, Spring Hill Suites Austin West/Lakeway by Marriott is minutes away from popular attractions including Lake Travis and theĀ Hill Country Galleria. The hotel is just 20 miles fromĀ Austin-Bergstrom International AirportĀ and conveniently situated off of State Highway 71, which provides easy access to greater Austin.

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“We are thrilled to expand our partnership with TCOR Hotel Partners through the addition of the SpringHill Suites Austin West/Lakeway by Marriott,ā€ says Stan Kennedy, Chief Operating Officer at Remington Hotels. ā€œItā€™s a wonderful property in the Texas Hill Country and weā€™re excited to continue expanding our footprint in the area.ā€

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TCOR Hotel is very pleased to achieve its fifth hotel acquisition, its second with Gentry Mills as its equity partner.Ā  ā€œWe are very optimistic about the SpringHill in Lakeway and teaming up with Remington as our management partnerā€, said Tom Corcoran, President of TCOR Hotel Partners.

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The addition of SpringHill Suites Lakeway is Remington Hotelsā€™ first acquisition of 2022 and marks the start of a big year for the third-party management company.

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ABOUT REMINGTON HOTELS

Remington is a dynamic and growing hotel management company providing top quality service and expertise in property management. Founded in 1968, the hospitality group has grown into a strong, industry-leading service provider and today manages 86 hotels in 26 states across 17 brands, including 12 independent and boutique properties. At Remington, we believe that our people are the ultimate source of our competitive advantage. We are proud of our reputation for consistently delivering outstanding results to owners and investors, as well as to our brands, guests, and associates. As a result of our success, Remington has become the place where passionate people thrive. VisitĀ RemingtonHotels.comĀ to learn more.

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ABOUT TCOR HOTEL PARTNERS

TCOR was formed in late 2017 by Tom Corcoran, Debbie Feldman, and Joe Corcoran as a branded select service hotel acquisition platform. TCOR is based in Dallas, Texas and has five hotels located in Texas, Florida and Maryland. For more information, please call (469) 577-4030 or visitĀ www.tcorhp.com.

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MEDIA CONTACT

UpSpring PR

remington@upspringpr.com