Spire Hospitality Adds The Grove Resort & Water Park in Orlando, FL to Diversify Portfolio of Managed Properties Across the US

IRVING, TX — July 6, 2022 — Spire Hospitality, a nationally recognized third-party hotel
management company, has assumed management of the resort operations for The Grove Resort & Water Park, an upscale family resort located on 106 acres near Orlando, FL.

The Grove Resort & Water Park consists of 878 two- and three-bedroom condominiums, nearly all
enrolled in the property’s rental management program. The property has four food and beverage
outlets, a seven-acre water park, three full-sized swimming pools, a full-service spa, a meeting center
with 6,000 square feet of meeting space, a children’s activity center, an arcade, and a fitness center.
The resort is on Lake Austin, an 18-acre resort amenity, and in close proximity to Disney World®
Theme Parks, Universal Orlando, and Sea World.

“We are thrilled to add The Grove Resort & Water Park to our diverse portfolio of branded hotels and independent resort properties,” said Chris Russell, CEO of Spire Hospitality. “We continue to build our portfolio with the right properties that will benefit from our focus on culture, guest and employee experiences, dynamic and creative revenue generation, and profit for our owners.”

With the addition of The Grove Resort & Water Park, Spire has a total of 30 properties. Other recent additions to Spire’s portfolio include two Lifestyle hotels, The Leta Hotel in Goleta, CA, and Villa
Florence Hotel in San Francisco’s Union Square; and a select-service hotel, Hilton Garden Inn
Fremont Milpitas in Fremont, CA.

About Spire Hospitality
Spire Hospitality is a nationally recognized third-party hotel management company specializing in
creating value for our hotel investors while delivering exceptional guest experiences and providing an
outstanding place to work. The Irving, TX-based company’s diverse portfolio of properties includes
unique independent hotels and highly respected brands, including Marriott, Hilton and IHG. Spire is
part of the AWH Partners family, which also includes AWH Development, a full-service real estate
development company headquartered in New York. With more than 35 years of hotel operating
experience, Spire is committed to preserving, protecting and enhancing hotel real estate value.