Keyword: Staybridge Suites
Lodging Econometrics’ latest data breaks down the U.S. hotel construction pipeline by franchise company and market.
The openings in Virginia and Tennessee together added 292 rooms to the region.
These three properties consist of a 191-room Holiday Inn, a 99-room Kimpton hotel and a 118-key Staybridge Suites.
The agreement will bring 10 IHG franchise hotels across Africa, sitting in the midscale and upscale segments.
Manchester's Lume building will go from a Crowne Plaza/Staybridge Suites to a Hyatt Regency/Hyatt House dual-brand.
With 1,469 projects and 193,458 rooms in development, Marriott International’s U.S. pipeline grew 9 percent year over year.
A third of the company’s more than 5,600 hotels and nearly 843,000 guestrooms already is adopting the change.
Expected to open in January 2020, hotel will operate under a management agreement with developer Bin Faqeeh Real Estate Investment Company.
The agreements with Dubai-based real estate development firm SRG Holding will convert two SRG-owned properties to Staybridge Suites.
Apsilon Properties, a hotel development company that owns and operates several IHG-branded properties in metro Atlanta, will own this new hotel.