The hospitality group Charlestowne Hotels has signed an agreement with hospitality development firm The Thrash Group to oversee the firms' entire hotel portfolio.
The deal adds 10 hotels to Charlestowne Hotels' portfolio. It's the largest single agreement in the company's 40-year history, the company says, and makes it responsible for 50 hotels in 20 states.
The group will also lead development and expansion of the independent Origin Hotel brand, which features lifestyle hotels. Charlestowne took over five brand hotels as part of the agreement, and the line is expected to grow to 10 hotels over the next four years under the group's management.
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Jacqueline Thomsen
Jacqueline Thomsen, based in Washington, is a reporter covering D.C. federal courts and the legal side of politics. Contact her at [email protected] and follow her on Twitter @jacq_thomsen.
