Announcements

Groundbreaking ceremony for ibis Styles Hotel at Munich Airport

The ibis Styles brand, renowned for its exceptional and unique designs at more than 560 hotels around the world, is growing thanks to a new addition at Munich Airport. The project officially got under way with the groundbreaking ceremony on May 30, 2023. The 358-room hotel is due to open in spring 2025. The owner of the building is Munich Airport, while Accor will operate the hotel under a management contract. The hotel will offer an open-plan lobby with a breakfast area, bar, restaurant and co-working space, as well as a gym and dedicated parking. The theme for the hotel's design will center on the Isar river in its many forms.

Vision Hospitality Group Celebrates Groundbreaking of Embassy Suites By Hilton in Downtown Chattanooga

Vision Hospitality Group Inc. held a groundbreaking ceremony today commencing construction on the seven-story 184-suite Embassy Suites by Hilton Chattanooga Downtown. Ideally located on the corner of Broad Street and 4th Street in the heart of Downtown Chattanooga, the Embassy Suites Chattanooga Downtown will feature a rooftop bar, a street-level bar and coffee area in an open lobby style, a leasable restaurant space, and 5,000 total square feet of meeting space. Centrally located in the heart of the city, the property is blocks from the Tennessee Aquarium, Hunter Museum of American Art, National Medal of Honor Heritage Museum and Tennessee Riverpark festivals and events.

Aspen Hospitality and CU Boulder Break Ground on Limelight Hotel Boulder

Aspen Hospitality and the University of Colorado Boulder are pleased to announce that construction is beginning for the on-campus Limelight Hotel Boulder. The landmark conference center hotel property is slated to open in the summer of 2025. This groundbreaking is the culmination of years of collaboration between the City of Boulder, CU Boulder and numerous other stakeholders. Plans for a topping-off ceremony and celebration will be announced as construction progresses.

Extended Stay America Expands Footprint in South Carolina

Extended Stay America celebrated today's official groundbreaking of the Extended Stay America Premier Suites Duncan property located in Duncan, South Carolina. The franchised property is being developed and managed by VMV Capital and is located off I-85 in Spartanburg County between Greenville and Spartanburg. The four-story, 88-room Extended Stay America Premier Suites will feature complimentary Wi-Fi, a free healthy breakfast, premium cable, a fitness room, onsite guest laundry, and our signature spacious lobby with additional vending options. In addition, the rooms include fully equipped kitchens with a full-size refrigerator, microwave, stovetop, cookware, utensils, and dishes, as well as pillowtop beds, recliners, and a spacious workspace.

Driftwood Capital Breaks Ground on Oceanfront Element by Westin® Hotel in Melbourne, Fla.

Driftwood Capital (Driftwood), a vertically integrated commercial real estate firm providing superior risk-adjusted returns in hospitality, is pleased to announce it has broken ground on the Element by Westin®, a new 130-key extended-stay hotel located on prime oceanfront property in Melbourne, Fla., one of the beach towns along Florida's popular "Space Coast." The property is being built on the 2.56-acre site of a former parking lot located at 2605 N. Highway A1A in Melbourne, Fla., adjacent to The Crowne Plaza Melbourne, another property owned and operated by Driftwood Capital. It is the first Marriott-branded hotel in Melbourne Beach.