Ault Alliance’s Subsidiary, Ault Global Real Estate Equities, Unveils Four Newly Renovated Hotels with Grand Re-Openings
April 27 2023 - 6:30AM
Business Wire
Ault Alliance, Inc. (NYSE American: AULT), a diversified holding
company (“Ault Alliance” or the “Company”), announced
that its wholly owned subsidiary Ault Global Real Estate Equities,
Inc. (“AGREE”), had a grand re-opening of its four newly
renovated hotel properties, the Hilton Garden Inn Madison West,
Residence Inn Madison West, Courtyard Madison West, and Hilton
Garden Inn Rockford. The hotels will celebrate with ribbon cutting
ceremonies, and private tours, which can be booked during property
visits.
Significant upgrades have been implemented across all four
properties, with new fitness equipment set to be installed in the
coming months. The Hilton Garden Inn locations in Middleton and
Rockford now feature brand-new Peloton bikes. Catering to the
increasing demand from corporate travelers, the Hilton Garden Inn
properties have prioritized shower-only king rooms during
renovations. Additional improvements include updated TVs and the
installation at the Hilton Garden Inn Rockford of the only electric
vehicle charging stations at a hotel in town. The Residence Inn’s
renovations encompass new kitchen appliances, TVs, and planned
internet connectivity upgrades for Residence Inn Madison
West/Middleton, Courtyard Madison West/Middleton, and Hilton Garden
Inn Madison West/Middleton.
Chris Wu, CEO of AGREE, stated, “We are thrilled to introduce
these four beautifully renovated hotels, offering guests an
exceptional hospitality experience. The elegant decor and
cutting-edge amenities have been meticulously designed to create a
welcoming and relaxing environment. The investment we made in these
four exceptional properties in strategic locations in Middleton,
WI, and Rockford, IL will allow guests to indulge in an
unparalleled hospitality experience in these communities. We are
thankful to all our partners that helped execute these renovations,
including GF Hotels & Resorts who manages all four hotel
properties.”
For more information on Ault Alliance and its subsidiaries, the
Company recommends that stockholders, investors and any other
interested parties read the Company’s public filings and press
releases available under the Investor Relations section at
www.ault.com or available at www.sec.gov.
About Ault Alliance, Inc.
Ault Alliance, Inc. is a diversified holding company pursuing
growth by acquiring undervalued businesses and disruptive
technologies with a global impact. Through its wholly and
majority-owned subsidiaries and strategic investments, Ault
Alliance owns and operates a data center at which it mines Bitcoin
and provides mission-critical products that support a diverse range
of industries, including metaverse platform, oil exploration, crane
services, defense/aerospace, industrial, automotive,
medical/biopharma, consumer electronics, hotel operations and
textiles. In addition, Ault Alliance extends credit to select
entrepreneurial businesses through a licensed lending subsidiary.
Ault Alliance’s headquarters are located at 11411 Southern
Highlands Parkway, Suite 240, Las Vegas, NV 89141;
www.ault.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within
the meaning of 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 include
statements that are predictive in nature and depend upon or refer
to future events or conditions, and include words such as
“believes,” “plans,” “anticipates,” “projects,” “estimates,”
“expects,” “intends,” “strategy,” “future,” “opportunity,” “may,”
“will,” “should,” “could,” “potential,” or similar expressions.
Statements that are not historical facts are forward-looking
statements. Forward-looking statements are based on current beliefs
and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are made,
and the Company undertakes no obligation to update any of them
publicly in light of new information or future events. Actual
results could differ materially from those contained in any
forward-looking statement as a result of various factors. More
information, including potential risk factors, that could affect
the Company’s business and financial results are included in the
Company’s filings with the U.S. Securities and Exchange Commission,
including, but not limited to, the Company’s Forms 10-K, 10-Q and
8-K. All filings are available at www.sec.gov and on the Company’s
website at www.ault.com.
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