Development USA & Canada Press Releases - Hospitality Net

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April 24, 2024

Valor Hospitality Partners Expands Southeastern Presence with Management Acquisition at DoubleTree Suites by Hilton Hotel Huntsville South

Valor Hospitality Partners continues to expand its North American portfolio through a recent management acquisition with DoubleTree Suites by Hilton Hotel Huntsville South in Huntsville, Alabama. With extensive hotel management experience in the southeastern region of the United States, Valor will infuse innovative strategies and operational excellence aimed at driving revenue growth and guest satisfaction in this new location.

Valor Hospitality

Huntsville, Alabama, United States

April 22, 2024

hihotels by Hospitality International Continues Expansion with Eight New Properties

hihotels by Hospitality International, a recognized leader in franchising conversion and new-build hotels for economy lodging, expands its family of brands by signing eight new properties in five states.

Hospitality International Inc

Ohio, United States

April 16, 2024

Towneplace Suites by Marriott to Open in Morrisville, North Carolina

Hospitality America, a leading hotel development and management company, announces the opening of TownePlace Suites by Marriott Raleigh-Durham Airport / Morrisville in North Carolina. The new 112-suite hotel is built for travelers looking for a simple and friendly place where they can settle in, keep to their routines, and easily connect to Raleigh Durham International Airport and Raleigh’s Research Triangle area. Located at 1021 Carrington Mill Blvd., it will operate as a Marriott franchise, managed by Hospitality America of Greenville, S.C. General Manager Emily Pearce and Director of Sales, Donna Oglesby lead the management team at the property for Hospitality America.

Hospitality America

Morrisville, North Carolina, United States

April 10, 2024

Driftwood Capital's Hotel Development Pipeline Exceeds $1 Billion, with $800 Million Worth of Planned Projects Underway In 2024

Following its annual investor conference, Driftwood Capital, a leading vertically integrated commercial real estate firm, is proud to announce its hotel development pipeline has now exceeded $1 billion in projected value. This robust portfolio includes $800 million worth of strategically pursued projects either under construction or scheduled to break ground in 2024, showcasing Driftwood Capital's robust and strategic growth in the hospitality sector.

Driftwood Capital

Florida, United States

April 9, 2024

Trinity Investments and Partners Group Acquire The Scottsdale Plaza Resort & Villas

A joint venture between Partners Group, a leading global private markets firm, acting on behalf of its clients, and funds managed by Trinity Investments (“Trinity”), announced today the acquisition of The Scottsdale Plaza Resort & Villas (the “Resort”), located in Paradise Valley, Arizona.

Trinity Investments, LLC

Scottsdale, Arizona, United States

April 8, 2024

Hilton Accelerates Multi Brand, Multi Destination Expansion in Canada

Leading global hospitality company, Hilton (NYSE: HLT), continues to accelerate its development efforts in Canada. Following a year of rapid multi brand, multi destination growth with 10 new hotel openings, including the first Canopy by Hilton in Canada, Hilton ended 2023 with 180 open hotels in the country spanning more than 28,000 rooms across 11 brands. With nearly 20 deals signed in 2023, Hilton’s Canada pipeline consists of approximately 90 hotels and more than 11,000 rooms and will introduce Spark by Hilton and Motto by Hilton into Canada in 2024. Hilton will soon surpass 200 hotels in Canada, and plans to increase its portfolio of hotels by 50% over the next several years.

April 8, 2024

Sonesta Essential Opens Hotels in Two New Locations in March

Sonesta International Hotels Corporation (Sonesta) announced the opening of two new upper-midscale Sonesta Essential hotels in March. Sonesta Essential Morgantown is a 57-room hotel located at 15 Lawless Road in Morgantown, West Virginia, and Sonesta Essential Gonzales is a 52-room hotel located at 2019 Water Street in Gonzales, Texas.

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March 27, 2024

Compass by Margaritaville, Brand’s Boutique Hotel Collection, Announces Expansion

Following the highly-anticipated opening in Naples, Margaritaville announces an expansion of the brand’s Compass by Margaritaville collection of boutique hotels.

Margaritaville Enterprises, LLC

March 26, 2024

Hotel Equities Selected by Beechwood Pinnacle to Manage New AC Hotel by Marriott Kansas City in Historic Rialto Building

Yesterday, Hotel Equities, (“HE”) announced they have been selected by Beechwood Pinnacle to operate the highly anticipated AC Hotel, situated in the historic Rialto Building at 906 Grand Blvd, in downtown Kansas City. Beechwood Pinnacle is the co-owner and developer. With an estimated opening date set for this June, the AC Hotel is expected to bring sophistication and luxury to the iconic location.

Kansas City, Missouri, United States

March 20, 2024

Four Dual-Branded HomeTowne Studios and Red Roof Inn Properties Open in Michigan After $3.6 Million in Renovations

Red Roof®, the leader in economy lodging, has announced the opening of the dual-branded HomeTowne Studios® Auburn Hills and Red Roof Inn® Auburn Hills in Auburn Hills, Mich., and the dual-branded HomeTowne Studios Flint and Red Roof Inn Flint in Flint, Mich.

Michigan, United States

March 18, 2024

Peachtree Group Thrives Amid Debt Market Dislocation, Anticipates Deploying $1.0 Billion in Real Estate Credit Investments

Peachtree Group (“Peachtree”), a diversified commercial real estate investment firm, announced it has closed approximately $660 million in credit investments since Dec. 1, 2023, with an additional $350 million anticipated closing over the next 30 to 45 days.

Peachtree Group

March 13, 2024

Somnium Hospitality Group launches

Veteran of the hospitality industry, Steven Ellingsen, has inaugurated the Somnium Hospitality Group, a comprehensive, multi-brand approved enterprise for hotel and asset management, where he fulfills the role of president and founder. This new venture, headquartered in Chicago, encompasses an array of properties such as branded hotels, full-service resorts, golf courses, and boutique establishments, and marked its official beginning on January 1st.

Somnium Hospitality Group

Chicago, Illinois, United States

March 12, 2024

Hunter Hotel Investment Conference Announces Exclusive Conversation With Ed Bastian, CEO at Delta Air Lines, at This Year’s Event

Officials of the Hunter Hotel Investment Conference (“HUNTER”) today announced a new session in this year’s programming. Titled “A Conversation with Ed Bastian,” the session will feature a captivating dialogue between Ed Bastian, chief executive officer, Delta Air Lines, and interviewer Greg Friedman, managing principal and CEO, Peachtree Group. This session will merge the distinct perspectives of a prominent figure in travel and a seasoned hotel owner, offering insight into Bastian’s leadership approach steering the world’s premier international airline. Rooted in principles of prioritizing people, ensuring customer satisfaction and driving innovation, the conversation will also delve into the future landscape of travel and its implications for hospitality industry.

Hunter Hotel Advisors

March 4, 2024

HAMA Announces 18th Annual Student Case Competition Winners

Officials of the Hospitality Asset Managers Association (“HAMA”) today announced that Khoa Tang of The Pennsylvania State University and Angelina Zhang of New York University were chosen as the winners of the 18th Annual HAMA Student Case Competition. The respective graduate and undergraduate winners were selected from among 30-plus individual and team entries focused on one of three possible case studies based on a real scenario experienced by one of the HAMA members. The case studies included:

February 26, 2024

B&B HOTELS Kickstarts U.S. Expansion with First Hotel Launch in Florida

B&B HOTELS, Europe’s fastest growing midscale hotel brand, is thrilled to announce its much-anticipated U.S. debut with the opening of its first hotel in Orlando, Florida. This landmark expansion brings B&B HOTELS' innovative approach to hospitality to the U.S., marking a significant milestone in the brand's growth journey.

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February 23, 2024

Choice Hotels Continues and Advances Its Support and Commitment to it's Award-Winning Brand Cambria Hotels

Choice Hotels International, Inc. announces the opening of Cambria Hotel Burbank Airport. The new hotel offers 150 well-appointed rooms, a host of upscale amenities and is conveniently located just a mile from Burbank airport and a short distance from West Hollywood and Beverly Hills. The Burbank property was developed by Choice Hotels as part of its strategic development of Cambria hotels in well-situated markets, reflecting the company’s commitment to growing and expanding the brand. The company continues to invest in all aspects of Cambria to make it a standard-setting brand in its upscale portfolio.

February 22, 2024

Everything for your anywhere: Garner hotels redefines affordable comfort in hospitality

IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, welcomes guests to experience a relaxed and purposefully different stay – where quality meets affordability. Garner hotels – a new midscale brand made with character – reaches exciting growth milestones with two new U.S. openings in Macon, Ga., and Oklahoma City, Okla., as well as plans for global expansion now underway.

February 21, 2024

35th Hunter Hotel Investment Conference Highlights Legacy in Hospitality

The Hunter Hotel Investment Conference (“HUNTER”) is thrilled to highlight the past and future icons of our industry with a session devoted to legacy as the event celebrates its 35th anniversary this coming March. The session will showcase a captivating fireside chat with Anthony Capuano, President and CEO of Marriott International, interviewed by Mitch Patel, CEO of Vision Hospitality Group. This intimate discussion, which combines the perspectives of a major brand leader with a seasoned hotel owner and developer, is one of the many additions to HUNTER’s 2024 program.

Hunter Hotel Advisors

February 21, 2024

Groundbreaking of New Georgia National Fairgrounds Hotel

Retreat Hotels & Resorts (“Retreat”), the Georgia Agricultural Exposition Authority (“GAEA”), and the City of Perry, GA announced the start of construction of a new TownePlace Suites / Fairfield by Marriott dual-branded hotel on the Georgia National Fairgrounds & Agricenter (“Fairgrounds”) in Perry, GA. The hotel is expected to open in the summer of 2025.

Retreat Hotels & Resorts

Perry, Georgia, United States

February 8, 2024

Crawford Hoying Adds Fifteenth Hotel To Company Portfolio In Partnership With Operator, Shaner Hotel Group

Crawford Hoying has announced the acquisition of Courtyard by Marriott Hamilton in partnership with award-winning international hotel owner, operator and developer, Shaner Hotel Group (Shaner). This will be Crawford Hoying’s first hotel in Hamilton, Ohio and fifteenth hotel in the company’s portfolio.