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Lu F. Sacharski, director of project management for Chatham Lodging Trust, gives us an inside look at the company’s new build strategy.
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Choice Hotels International plans to put forward $40 million in corporate money to help finance property-improvement plans by its hotels under the Comfort Inn and Comfort Suites brands, according to Hotel Management.
Simon Property Group, Streetscape Partners and New England Development are planning to build an outlet center in Clarksburg, Md., according to The Washington Post/Capital Business. A contract has been signed to buy 47 acres from Adventist HealthCare to develop the 450,000-square-foot project.
The April 2013 STR Pipeline Report indicates a 9.2 percent increase in the number of hotel rooms in the total active development pipeline in the United States, according to TravelPulse. The U.S. luxury segment showed the largest growth in rooms in the active pipeline, at 60.5 percent.
Four Points by Sheraton will have more than 120 locations in North America this year, and the brand will have a global pipeline of about 200 hotels by 2014, according to TravelPulse. The brand accounted for more than 25 percent of Starwood Hotels & Resorts‘ openings last year and will sign more deals this year than ever recorded.
Kroger isn’t sitting idly by while rival Wal-Mart moves further into the grocery business, according to The Blade. Kroger has built 78 Marketplace stores since launching the first in 2004. In addition to groceries, the 125,000-square-foot stores offer expanded general merchandise, and they have increasingly added new features from gourmet coffee shops to jewelry stores.
August 8th – 11th, 2013 in Washington, D.C.at the Monaco Hotel
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Sept 26-29, 2013 Commercial Retreat at The Hotel Palomar in Phoenix
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2014 Summit will be held at The Grand Hyatt February 17th-19th in Tampa, FL
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Kevin Sorensen, construction & facilities manager, and Rick Connors, director of construction, show us how Famous Daves’ new casual dining, counter serve mix is ringing in the sales.
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