trending Market Intelligence /marketintelligence/en/news-insights/trending/k258BQXaEakXJT9mxxsz0A2 content esgSubNav
In This List

Moody's assigns rating to Aimbridge Hospitality

Blog

Insight Weekly: Recession risk persists; Banks pull back from crypto; 2022 laggard stocks rally

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Insight Weekly: Inflation eases; bank M&A slows; top companies boost market share

Blog

Insight Weekly: PE firms shift strategies; bank earnings kick off; bankruptcies plummet


Moody's assigns rating to Aimbridge Hospitality

Moody's Investors Service assigned a first-time B2 corporate family rating to Aimbridge Hospitality Holdings LLC.

The outlook is stable.

A subsidiary of Aimbridge Acquisition Co. Inc., the private company is a third-party hotel operator that manages more than 800 properties with roughly 100,000 rooms in 44 U.S. states as well as Washington, D.C.; Canada; and the Caribbean.

Moody's noted the company's geographic diversification, as well as diverse brands and hotels, along with its strong free cash flow due to its minimal capital expenditure requirements.

Global private equity investor Advent International Corp. recently agreed to acquire a majority ownership interest in Aimbridge Hospitality for an undisclosed sum.