Marriott Portfolio Expands with New Partnership

This month Strand took over the management of three well positioned properties for CHD Investments. The portfolio consists of two Marriott properties, the Courtyard by Marriott Atlanta Northlake and Fairfield Inn and Suites Lumberton, NC, as well as the Wingate by Wyndham State Arena Raleigh/Cary. With the addition of the Courtyard and Fairfield by Marriott our portfolio is now at 11 Marriott hotels with 6 additional currently under construction or development. "After researching many management companies in depth we found Strand had the infrastructure, the local knowledge, the focus on details and were best prepared to deliver results that our brands and stakeholders expect. We have confidence in Strand's leadership based on their amazing track record," said Pradeep Sharma, CEO of CHD Investments. "Strand Hospitality will be a great partner for ensuring that we take care of our guests and our associates." Strand looks forward to developing a long and prosperous relationship with CHD on this new management role.