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Posts Tagged ‘development’

Raleigh picks hotel developer to build Residence Inn downtown

The company has secured tentative financing, said Doyle Parrish, whose firm builds and operates hotels across the southeast, including nearly a dozen in the Triangle. Summit was chosen over two other development groups. “They understand the market here,” said City Manager Russell Allen. “We feel like they can get the financing to pull it together.” The Residence Inn is the second hotel planned for the ci [Read More Extended Stay Hotel Review News]

ALI bond issue gets top credit rating

MANILA, Philippines — Property giant Ayala Land Inc.’s planned P15-billion bond issue was assigned a PRS Aaa rating by the Philippine Rating Services Corp., the highest rating on the credit watcher’s scale. PhilRatings said obligations rated PRS Aaa are of the highest quality with minimal credit risk, as issuer’s capacity to meet its financial commitment on the obligation is extremely strong. The propos [Read More Extended Stay Hotel Review News]

Hotel planned near airport

The project is one of several hotel developments beginning to move forward in Boston. After several years of economic troubles, the hospitality industry appears to be recovering steadily, making development feasible in select locations. In the Fenway, a developer recently began construction of a Marriott Residence Inn on Brookline Avenue; another extended-stay hotel is planned for the South Boston Waterfront. The [Read More Extended Stay Hotel Review News]

Generation Wins Consecutive Development Deal of the Year Award from Hilton …

The Generation Companies, LLC (Generation), recently won the Development Deal of the Year Award from hospitality giant Hilton Worldwide. The national award honors Generation’s Home2 Suites at Charleston Airport/Convention Center in North Charleston, South Carolina as the best development of the Home2 Suites by Hilton brand last year. (Left to right) H. Mark Daley, III, President, The Generation Companies, LL [Read More Extended Stay Hotel Review News]

Choice Hotels VP Mark Weiner Takes on Company’s Global Sales Division

My news for Investors Download image SILVER SPRING, Md., March 29, 2012 /PRNewswire/ – Choice Hotels International, Inc. (NYSE: CHH), one of the world’s largest lodging franchisors, recently announced that it has named its associate Mark Weiner as the new head of [Read More Extended Stay Hotel Review News]

Cambria Suites Breaks Ground in Miami, Fla.

MIAMI, March 28, 2012 /PRNewswire via COMTEX/ – Sunflower Hospitality LLC, Delant Construction Co. and Choice Hotels International, Inc. /quotes/zigman/187443/quotes/nls/chh CHH -0.89% today celebrated the official groundbreaking of a new Cambria Suites hotel in Miami, Fla. The [Read More Extended Stay Hotel Review News]

Controversial Green Village Plan Receives Approval

Green Village, a 50-plus acre project that will contain 469 apartments, 117 of which would be affordable rental units, a 130-room extended-stay hotel and 20,000 square feet of retail space, was unanimously approved by the Planning Board on Thursday night. The approval of the project, which initially faced opposition by some residents and businesses, will help Hillsborough meet its affordable housing requirement and [Read More Extended Stay Hotel Review News]

Choice Hotels International Appoints Two New Company Officers

SILVER SPRING, Md., March 19, 2012 /PRNewswire via COMTEX/ – Choice Hotels International, Inc. /quotes/zigman/187443/quotes/nls/chh CHH 0.00% today announced that it has named two company associates as the organization’s newest corporate officers. The company’s boar [Read More Extended Stay Hotel Review News]

Comfort Inn & Steve Harvey to Offer Consumers the Chance to Win a Girlfriends …

SILVER SPRING, Md., March 16, 2012 — /PRNewswire/ – Are you looking for the perfect girlfriend getaway? A chance to take off with your girls and leave the guys at home?  Well look no further! The Comfort Inn brand is teaming up with Steve Harvey to give one lucky winner a “Girlfriend Getaway” in New York City and exclusive tickets to the premier of Steve Harvey’ [Read More Extended Stay Hotel Review News]

Comfort Inn & Steve Harvey to Offer Consumers the Chance to Win a Girlfriends …

SILVER SPRING, Md., March 16, 2012 /PRNewswire via COMTEX/ – Are you looking for the perfect girlfriend getaway? A chance to take off with your girls and leave the guys at home? Well look no further! The Comfort Inn brand is teaming up with Steve Harvey to give one lucky winner a “Girlfriend Getaway” in New York City and exclusive tickets to the premier of Steve Harvey’s new movie &# [Read More Extended Stay Hotel Review News]