Naples, Fla. (March 2nd, 2023) – Edgewater Group LLC (“Edgewater”) is pleased to announce that the newest addition to its portfolio, the historic Inn on the Square (“Inn”) is now part of the Ascend Collection by Choice International Inc., a global portfolio of resorts, boutique, and historic hotels that reflect their surrounding communities. Situated in the heart of downtown Greenwood, South Carolina the two-story full-service, boutique hotel provides visitors with convenient access to the city’s popular attractions while paying homage to its unique charm and rich history.
“Edgewater is delighted to welcome the Inn on the Square to our family of distinct assets, and we are grateful for the continued support of Choice Hotels and the Ascend Hotel Collection with whom we have experienced tremendous success,” said Ketan Vora, Founding Partner of Edgewater Group. “We plan to extensively upgrade the Inn and the guest experience. The Inn has been serving generations of valued guests and the Edgewater team very much looks forward to joining the community.”
Within the Ascend Hotel Collection, Edgewater also operates the recently acquired Windsor Hotel, Wyvern Hotel, Coombs Inn & Suites, and the Water Street Hotel & Marina. The Ascend Hotel Collection appeals to franchisees who seek better upscale positioning in guests’ favorite markets while tapping into the core philosophy of providing unforgettable experiences.
“We are excited to welcome another Edgewater Hotel to the Ascend Hotel Collection. The newest addition is the Inn on the Square Hotel in Greenwood, SC which will be their fifth Ascend Collection property. Greenwood is known as the Emerald City for its lush outdoor parks, Lake Greenwood, thriving art and restaurant scene and boutique shopping. Greenwood is also home to Fortune 500 companies like FujiFilm and Colgate Palmolive. It is the perfect destination for outdoor getaways and blended leisure and business travel. Edgewater delivers dynamic hotels with a local design story and high quality, personalized service,” said Janis Cannon SVP Upscale Brands, Choice Hotels International.
Edgewater Group LLC is a multidisciplinary real estate investment firm with a growing portfolio of assets in the hospitality, retail, office and residential spaces. The acquisition of the Inn reflects Edgewater’s unique investment approach focusing on micro and middle market segments in secondary and tertiary locations.
Inn on the Square is located at 104 Court Ave E, Greenwood, SC 29646. For more information, please visit innonthesquare.net.
As a part of the Ascend Hotel Collection by Choice Hotels International, Inc. (NYSE: CHH), guests can participate in the award-winning Choice Privileges loyalty program. Choice Privileges membership is free and offers fast rewards and exclusive member rates for those who book directly at www.choicehotels.com.
Ascend Hotel Collection®: Let the Destination Reach You.
The Ascend Hotel Collection global portfolio of independent resort, historic and boutique hotels is part of Choice Hotels, one of the world’s largest leading hotel companies. Recognized as the hotel industry’s first “soft brand” concept, there are more than 315 Ascend Hotel Collection properties worldwide, including in France, the United Kingdom, Denmark, Finland, Ireland, Norway, Spain, Sweden, Turkey, Australia, Canada, Ecuador, and throughout Mexico, the Caribbean and Central America. Membership with the Ascend Hotel Collection enables distinctive, independent properties to gain a global presence while maintaining their local charm. For more information, visit www.choicehotels.com/ascend.
About Choice Hotels®
Choice Hotels International, Inc. (NYSE: CHH) is one of the largest lodging franchisors in the world. With nearly 7,500 hotels, representing nearly 630,000 rooms, in 46 countries and territories as of September 30, 2022, the Choice® family of hotel brands provides business and leisure travelers with a range of high-quality lodging options from limited service to full-service hotels in the upper upscale, upper mid-scale, midscale, extended-stay, and economy segments. The award-winning Choice Privileges® loyalty program offers members a faster way to rewards, with personalized benefits starting on day one. For more information, visit www.choicehotels.com.
Since its formation in 2008, Edgewater has grown into a multidisciplinary real estate Firm that provides advisory, management and value-add investment services. Edgewater’s unique focus is on the secondary and tertiary markets. Edgewater’s representative clients include Federal and State Courts, lenders, investors and micro and middle market companies. Edgewater services include, but are not limited to receiverships, restructuring, turnarounds, mergers and acquisitions and equity and debt capital placement. For more information, please visit https://www.edgewatergrpllc.com.