Cambria now has 30 hotels open across the United States, and more than 70 in the pipeline. Four hotels have opened in 2017 and 10 more will open by the end of the year. In addition, 18 ground breakings and multiple executed franchise agreements are expected.
Source: New feed
Extended Stay America hotels (ESA) announced today the brand’s next five-year growth strategy, anchored by its first ever franchising program and a return to new hotel builds, the first in a decade.
Source: New feed
Construction is underway, and the resort is expected to reopen in summer 2018.
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ummit Hotel Properties, Inc. (NYSE: INN) and Xenia Hotels & Resorts, Inc. (NYSE: XHR) today announced that the companies have executed a definitive agreement for an affiliate of Summit to acquire an 812-guestroom, five-hotel portfolio from Xenia for a total purchase price of $163 million, or approximately $201,000 per key.
Source: New feed
Expansion includes an adult-only all-suite tower that will feature an additional 159 suites, a lush new saltwater pool, two new restaurant concepts with global cuisine, a luxurious hotel spa, salon, and fitness center
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US Foods announced on Friday that it has agreed to acquire F. Christiana, a broadline distributor of food and food-related products concentrating on the important center-of-the-plate categories as well as dairy and dry goods.
Source: New feed
Marriott International Embarks on Global Independent Hotel Expansion as More Consumers and Owners Seek Unique Experiences Powered by Marriott
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John Fareed Hospitality Consulting LLC and Hotel & Club Associates of Virginia have merged to form hospitality advisory firm Fareed & Cummings LLC, according to principals John Fareed and Michael Cummings. The new company has joined Horwath HTL, the world’s largest and most experienced hospitality-consulting brand with forty-five offices in thirty-nine countries.
Source: New feed
Locations in Andover and Burlington coming soon
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Choice Hotels International, Inc. (NYSE: CHH has signed an agreement with franchise partner Stratus Development Partners, LLC of Newport Beach, CA, to develop a new Cambria Hotel in Napa, California. The four-story, 90-room Cambria property will be located at 320 Soscol Avenue and the main thoroughfare into downtown Napa, the Silverado Trail and Napa Valley.
Source: New feed