A Financially Stronger Aimbridge
Transforming our balance sheet to accelerate our long-term strategy and business objectives
With the overwhelming support of its lenders, Aimbridge is undertaking a balance sheet restructuring process to put the Company on far stronger financial footing.
This process, which we expect to complete in the first quarter of 2025, will pave the way for Aimbridge to continue enhancing its differentiated service offerings, investing in its operational capabilities, and driving exceptional hotel performance for years to come.
Importantly, Aimbridge will continue to operate its business as usual throughout this process and fulfill commitments to associates, hotel owners, brand partners, suppliers, and vendors.
For more information on the announcement, please see here:
Right-Sizing our Balance Sheet will…
Convert a significant amount of Aimbridge’s debt into equity to enhance our ability to deliver superior hotel performance and best-in-class guest experiences.
Enhance our liquidity and provide new resources to continue investing in our operational capabilities, winning new business, and strengthening our leading position in the industry.
Better position us to further accelerate our long-term strategy and business objectives.