The Montford Group. and Opterra Capital Acquire Newly Opened Aloft Savannah Airport Hotel
CHARLESTON, S.C. / BOCA RATON, FL. – May 25, 2022
The Montford Group. and Opterra Capital today announced that they have closed on the acquisition of the new, 129-room Aloft Savannah Airport hotel by Marriott, the only select-service lifestyle hotel at the Savannah/Hilton Head International Airport and in the surrounding Pooler sub-market of Savannah.
The Aloft Savannah Airport hotel celebrated its opening on May 17, 2022, and the companies completed their acquisition of the property on May 25, 2022, marking their second Aloft-branded hotel under ownership and their inaugural hotel venture in Georgia. Aimbridge Hospitality has been selected to manage the property on behalf of ownership.
“Savannah has been a priority market for us to break into given the city’s strong market fundamentals and growing demand profile,” said Glenn Alba, Founder and CEO of Opterra Capital. “The Savannah airport market is poised for continued record growth and the Pooler submarket is seeing a significant expansion in multifamily and single-family residential, coupled with increased cargo capabilities through the Port, making this a very attractive investment opportunity. We are excited to have the opportunity to have a presence in this vibrant, dynamically growing city.”
Located three miles from Savannah/Hilton Head International Airport, the Aloft Savannah Airport hotel offers business and leisure travelers alike convenient, walkable access to the restaurants and shops at Tanger Outlets, and a modern, yet affordable lodging option within a 20-minute drive to Savannah’s vibrant Historic District. Frequently ranked among the “Best U.S. Cities” in Travel + Leisure’s Readers’ Choice Awards, Savannah enjoys an enviable reputation as a top leisure and drive-market destination, enabling it to outperform other U.S. hotel markets during the pandemic recovery.
The pet-friendly Aloft Savannah Airport hotel is home to 129 stylish guest rooms designed with the brand’s signature loft-like layout, featuring nine-foot ceilings, plush platform beds and simple contemporary décor. Each guest room is equipped with free Wi-Fi, keyless Mobile Key entry, a concierge tablet, and minimalist bathrooms with custom bath amenities and rain-fall showers. Catering to a tech-savvy, music-loving crowd, the hotel offers guests the brand’s standout amenities, including Re:mix℠ lounge featuring live music, signature craft cocktails and light bites at W XYZ® bar, Re:charge℠ fitness center, Splash℠ outdoor pool, and EV charging stations.
The Aloft Savannah Airport hotel is located at 1423 Benton Boulevard in Pooler, GA., and hotel reservations can be made through the Marriott website: https://www.marriott.com/en-us/hotels/savat-aloft-savannah-airport/overview/