Development Pipeline Scheduled for Q1 2020

Courtyard by Marriott Winston-Salem, NC

Pipeline: Courtyard by Marriott in Winston-Salem, North Carolina

Virtua Partners announced the purchase of a 126-room Courtyard by Marriott under construction in Winston-Salem, North Carolina. Hotel Equities will manage the Marriott hotel in downtown Winston-Salem when it opens in Q1 2020. Hotel Equities and Virtua Partners joined forces last year to expand upon their current hospitality portfolio through new development and acquisition opportunities. Hotel Equities is providing development services for the Courtyard through the construction process and will see it through completion.

Courtyard by Marriott Winston-Salem, NC ......

Photo by Marriott

Located at 640 W. 4th Street in the heart of Winston-Salem, the Courtyard will feature a rooftop bar with views of the surrounding downtown area. As the home of Wake Forest University and numerous corporate headquarters including banking firm BB&T, Winston-Salem enjoys its status as both a college town and a business and medical hub.

The hotel also will feature an expansive courtyard and more than 1,500 square feet of meeting and banquet space in a building architecturally designed to complement adjacent properties and the surrounding neighborhood. In addition to the hotel's rooftop terrace with panoramic views of the city, amenities will include a full-service bistro, swimming pool and fitness center.

Hotel Website
USA & Canada United States North Carolina Winston-Salem

Courtyard by Marriott is the hotel brand of choice for trailblazing guests who are inspired by a passion to do great things. With more than 1,250 locations in over 55 countries and territories, Courtyard is passionate about empowering its guests and serving the needs of travelers everywhere, no matter the purpose of their trip. Its thoughtfully designed guestrooms provide an elevated experience to relax and recharge, complete with plush...

Marriott International, Inc., (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of nearly 8,200 properties under 30 leading brands spanning 138 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company offers Marriott Bonvoy®, its highly awarded travel program.

Hotel Equities is a full-service hotel development and management company. We collaborate with brand representatives, institutional investors, high net-worth individuals and joint venture partners to build and grow world-class hotels. We’ve created a scalable infrastructure and systematic operational strategies that enable us to bridge economic cycles, whether we’re executing ground-up development, rebranding a property or managing one of...