Davidson Hospitality Group Appointed New Management Company For Charleston's Iconic Mills House Hotel

RLJ Lodging Trust selects Pivot to operate historic gem

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Oct 14, 2021, 08:32 ET

ATLANTA, Oct. 14, 2021 /PRNewswire/ -- Premier hospitality management company, Davidson Hospitality Group, has been tapped by RLJ Lodging Trust to manage The Mills House Hotel under Pivot, its lifestyle operating vertical. Built in 1853, the property, otherwise known as "The Pink Hotel," is a gracious testament to the history of Charleston and features 216 rooms and suites, 10,000 square feet of flexible meeting space, and the elegant Barbadoes Room restaurant, which offers a flavorful spin on Southern cuisine. Under new management, the property will undergo a significant transformation and elevated repositioning.

"We are excited to expand our partnership with Davidson after experiencing their best-in-class management for many years," said Leslie Hale, President and CEO, RLJ Lodging Trust. "What stood out to us most about Pivot was the team's firm grasp on how to creatively activate spaces and create experiences that will drive premium market share and maximize asset value."

"It's a privilege to be granted the opportunity to expand our Charleston footprint even further with the addition of this historic asset," said Davidson Hospitality Group President Thom Geshay. "In collaboration with our long-term partners at RLJ Lodging Trust, we look forward to stewarding an enhanced, differentiated product in the Holy City and to delivering heartfelt hospitality while creating exceptional value."

In the city of Charleston, Pivot also operates Hotel Bella Grace and The Ryder Hotel. The Mills House Hotel is situated in the heart of Charleston's Historic District, near the famed King Street retail area as well as the City Market and other popular tourist attractions. Since the property opened in the mid-19th century, The Mills House Hotel, named for and built by local grain merchant Otis Mills, has seen a myriad of significant historical events and the hotel miraculously survived the city's destruction during the Civil War. Although it was demolished and replicated in 1968, key elements from the original building, including the ironwork and cornices, were preserved and remain a part of the hotel's architecture to this very day.

For more information, please visit www.millshouse.com.

About Davidson Hospitality Group
Davidson Hospitality Group is an award-winning, full-service hospitality management company comprised of 67 existing hotels and resorts; more than 165 restaurants, bars and lounges; and nearly 1.5 million square feet of meeting space across the United States. A trusted partner and preferred operator for Hilton, Hyatt, Kimpton, Marriott, and Margaritaville, Davidson offers a unique entrepreneurial management style and owners' mentality that provides the individualized personal service of a small company, enhanced by the breadth and depth of skill and experience of a larger company. In keeping with the company's heritage of delivering value, Davidson Hospitality Group is comprised of four highly specialized operating verticals: Davidson Hotels, Pivot, Davidson Resorts and Davidson Restaurant Group. For more information, visit www.davidsonhospitality.com. Follow us on Instagram: @davidsonhospitality and Twitter: @DavidsonHospGrp. Like us on Facebook: @DavidsonHospitalityGroup. Connect with us on LinkedIn: @DavidsonHospitalityGroup. #DavidsonHospitality

About RLJ Lodging Trust
RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compact full-service hotels. The Company's portfolio currently consists of 97 hotels with approximately 22,100 rooms, located in 23 states and the District of Columbia and an ownership interest in one unconsolidated hotel with 171 rooms.

Forward Looking Statements
This information contains certain statements, other than purely historical information, including estimates, projections, statements relating to the Company's business plans, objectives and expected operating results, measures being taken in response to the COVID-19 pandemic, and the impact of the COVID-19 pandemic on our business, and the assumptions upon which those statements are based, that are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally are identified by the use of the words "believe," "project," "expect," "anticipate," "estimate," "plan," "may," "will," "will continue," "intend," "should," or similar expressions. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, beliefs and expectations, such forward-looking statements are not predictions of future events or guarantees of future performance and the Company's actual results could differ materially from those set forth in the forward-looking statements. Some factors that might cause such a difference include the following: the current global economic uncertainty and a worsening of global economic conditions or low levels of economic growth; the duration and scope of the COVID-19 pandemic and its impact on the demand for travel and on levels of consumer confidence; actions governments, businesses and individuals take in response to the pandemic, including limiting or banning travel; the impact of the pandemic on global and regional economies, travel, and economic activity; the speed and effectiveness of vaccine and treatment developments and their deployment, including public adoption rates of COVID-19 vaccines; the pace of recovery when the COVID-19 pandemic subsides; the effects of steps we and our third party management partners take to reduce operating costs; increased direct competition, changes in government regulations or accounting rules; changes in local, national and global real estate conditions; declines in the lodging industry, including as a result of the COVID19 pandemic; seasonality of the lodging industry; risks related to natural disasters, such as earthquakes and hurricanes; hostilities, including future terrorist attacks or fear of hostilities that affect travel and epidemics and/or pandemics, including COVID-19; the Company's ability to obtain lines of credit or permanent financing on satisfactory terms; changes in interest rates; access to capital through offerings of the Company's common and preferred shares of beneficial interest, or debt; the Company's ability to identify suitable acquisitions; the Company's ability to close on identified acquisitions and integrate those businesses; and inaccuracies of the Company's accounting estimates. Moreover, investors are cautioned to interpret many of the risks identified under the section entitled "Risk Factors" in the Company's Form 10-K for the year ended December 31, 2020 as being heightened as a result of the ongoing and numerous adverse impacts of the COVID-19 pandemic. Given these uncertainties, undue reliance should not be placed on such statements. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company cautions investors not to place undue reliance on these forward-looking statements and urges investors to carefully review the disclosures the Company makes concerning risks and uncertainties in the sections entitled "Risk Factors," "Forward- Looking Statements," and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's Annual Report, as well as risks, uncertainties and other factors discussed in other documents filed by the Company with the Securities and Exchange Commission.

Media contact:
Kevinie Woo
[email protected]
310.270.5675

SOURCE Davidson Hospitality Group