Island Hospitality Management LLC, a hotel management company, said it has assumed management of the 122-room Hampton Inn Portland Downtown – Waterfront Hotel.

The property brings Island Hospitality’s total management portfolio to 78 hotels in 22 states.

The six-story hotel located at 209 Fore St. in Portland.opened in August 2011.

“This hotel has been open only a short time and is still ramping up,” said Tim Walker, president and chief executive of Island Hospitality. “We have an affinity for helping hotels realize their full potential.”

The Hampton Inn location offers 122 rooms, a business center, indoor swimming poor and fitness center. The ground floor of the hotel includes the separately owned and operated Sebago Brewing Co.