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The First Word on Hotel
Development & Investment
Lodging Development Report is the industry’s leading source for hotel real estate intelligence, providing facts and insights about early-stage developments and hotel transactions, along with contact information for key decision-makers.
     

Selections from Recent Issues

Development

TownePlace Suites Plano

Jan 4, 18 -- Texas Western Hospitality is planning a TownePlace Suites hotel directly across President George Bush Highway from the new Cityline mixed-use development. On December 18, the project received preliminary site plan approval from the Plano Planning & Zoning Commission. Read more...

Development

Tru by Hilton Sacramento North Natomas

Dec 21, 17 -- Western Care Construction Company is planning a Tru by Hilton hotel in a proposed, seven-acre commercial development near the Sleep Train Arena. The project is under review for rezoning by the City of Sacramento.

Western Care is also planning a SpringHill Suites in nearby El Dorado Hills. Read more...

Property Transaction

Home2 Suites Summerville

Dec 21, 17 -- Condor Hospitality Trust has entered into an agreement to purchase the recently opened, 93-room Home2 Suites Summerville. The sale is expected to close late in the first quarter of 2018 or early in the following quarter. See Record Details for contracted purchase price. Read more...

Development

Aloft Framingham

Dec 12, 17 -- Jamsan Hotel Management is planning to develop an Aloft hotel near the Natick Mall through redevelopment of an existing hotel property. The project is under review by the City of Framingham for site plan approval and other entitlements. The existing hotel comprises a two-story wood frame building with 60 guest rooms and a six-story concrete structure containing 120 guest rooms. The two-story building would be razed and the remaining building expanded. The six-story addition would have a lobby on the ground floor and 28 guest rooms on the upper floors.

The hotel was formerly a Howard Johnson and now operates under the Magnuson Hotel flag. Jamsan acquired the property in 2016 along with an adjoining restaurant. Read more...

Development

Aloft Charlotte Airport

Dec 6, 17 -- Raleigh-based MJM Group is planning an Aloft hotel near Charlotte International Airport. A land development application was submitted in mid-November. The hotel is planned for part of a 70-acre site that is in the process of being replatted. Read more...

Development

Hotel near Fort Lauderdale Airport

Nov 29, 17 -- Rahil Sanghvi is planning a hotel on a vacant site at the I-95/I-595 interchange just west of Fort Lauderdale-Hollywood International Airport. Sanghvi acquired the 1.6-acre site in June of this year and is now in the process of seeking a plat note amendment to allow hotel use on the property. The hotel would have 125 guest rooms.

Sanghvi recently acquired the Ramada Suites Boca Raton. Read more...

Development

Tru by Hilton Dania Beach Airport

Nov 15, 17 -- AD1 Global is planning a Tru by Hilton hotel about a mile south of Fort Lauderdale-Hollywood International Airport. On October 24, the Dania Beach City Commission conditionally approved a site plan and design variations for the hotel. Parking for guests will be located in an off-site lot a block east of the hotel on NE 1st Court. Read more...

Development

TownePlace Suites Raleigh NC State

Nov 10, 17 -- Nutan Shah is planning a TownePlace Suites hotel near the campus of North Carolina State University. A Site Review application was submitted in mid-October. The site is adjacent to a Holiday Inn Express developed by Mr. Shah several years ago. Read more...

Development

La Quinta Inn Phoenix

Oct 30, 17 -- A partnership led by Utah-based architect Greg Mathis is planning a 95-room La Quinta Inn off I-10 on the west side of Phoenix. A pre-application for the hotel was submitted to the City of Phoenix in September. Read more...

Development

Hotel Vin Grapevine

Oct 25, 17 -- In cooperation with the City of Grapevine, Tulsa-based Coury Hospitality is developing a hotel attached to a planned TexRail commuter rail station at the south end of historic downtown Grapevine. The 121-room, full-service hotel will be flanked by the rail station to the west and a 552-stall city parking garage to the east. The garage will include 1,868 square-feet of retail space on the ground floor. On October 17, the Grapevine City Council approved rezoning and other entitlements for the project.

Coury Hospitality owns and operates four historic hotels in Kansas, Missouri and Oklahoma that operate under the Ambassador Hotel name. Those hotels are affiliated with Marriott's Autograph Collection, as is The Elliot, a new hotel to be managed by Coury in downtown Minneapolis. Read more...

Development

Hampton Inn | Home2 Suites Convention Center

Oct 19, 17 -- Las Vegas developer Daniel Grimm is planning a 250-room, dual-brand hotel on a vacant, 2.5-acre parcel across from the Las Vegas Convention Center south parking lot. Waivers for the hotel were approved by the Clark County Planning Commission on September 19. The brands will be Hampton Inn and Home2 Suites. Read more...

Development

Lexington 40 Hotel

Oct 11, 17 -- Builder and real estate investor Terence Cheng filed plans last week for a 20-story hotel on a Lexington Avenue parcel near Grand Central Terminal. The 1,610 square-foot site is currently occupied by a three-story commercial/residential building. A partnership managed by Cheng has owned the property for more than a decade. The planned hotel would have 45 guest rooms. Read more...

Development

Four Points by Sheraton Round Rock

Oct 3, 17 -- Houston-based Marmont Hotels is planning a Four Points by Sheraton hotel near the intersection of I-35 and the SH 45 toll road. The project is under review for by the City of Round Rock for preliminary site plan approval. Read more...

Development

Comfort Inn and Suites Euless

Sep 28, 17 -- Mukesh and Meena Patel are planning a Comfort Inn near the intersection of Airport Freeway and State Highway 121. A Special Use Permit application was filed with the City of Euless at the end of August. The hotel would be developed on a vacant, two-acre site and would have around 96 guest rooms. Read more...

Development

SpringHill Suites Sacramento/El Dorado Hills

Sep 20, 17 -- Developers Martin Harmon and Vinal Perkins are planning a hotel with approximately 100 guest rooms within a proposed, 17-acre expansion of the existing Montano de El Dorado shopping center. The Sacramento-area project is currently in the environmental review process. The developers have a SpringHill Suites franchise agreement for the hotel. Read more...

Development

Home2 Suites Steeplechase Business Park

Sep 5, 17 -- KM Hotels of Richmond, Va., is planning a Home2 Suites hotel at the Steeplechase 95 International Business Park, located next to the I-495 beltway near Andrews Air Force Base. The hotel is currently under review by Prince George's County for Detailed Site Plan. The case will go before the Prince George's Planning Commission on September 21 with a recommendation for approval. Read more...

Development

Hampton Inn Cincinnati West

Sep 7, 17 -- An affiliate of Kentucky-based builder Michael Salsman is developing a Hampton Inn off I-74 west of Cincinnati. The approximately two-acre site comprises three parcels each currently developed with a vacant single-family residential structure. Site acquisition was completed in February of this year. Read more...

Development

Hilton Garden Inn | Homewood Suites Broomfield

Aug 25, 17 -- Dakota Legacy Group is planning a dual-brand Hilton Garden Inn/Homewood Suites hotel near the Flatiron Crossing mall north of Denver. Concept plans were submitted to the City of Broomfield earlier this year and city staff anticipates a formal submittal in the coming days. The site is owned by an affiliate Dakota Legacy Group founder Gary Tharaldson. The franchise is held by Kerry W. Boekelheide of KWB Hotel Partners but the plans were submitted by Dakota Legacy Group. Read more...

Development

SpringHill Suites Austin at Anderson Arbor

Sep 27, 17 -- The hotel is being developed by Andy Patel of Pure Lodging Hospitality. Read more...

Development

Holiday Inn Express Murrieta

Aug 1, 17 -- Meadows Asset Management of Newport Beach is planning a Holiday Inn Express hotel adjacent to I-15 north of Temecula. The hotel will be part of a new 6.5-acre commercial center that will include around 26,600 square feet of retail and restaurant space. Plans for the development were approved by the Murrieta Planning Commission on June 28. Read more...

Development

Courtyard Austin North near The Domain

Jul 26, 17 -- Texas Western Hospitality is planning a Marriott Courtyard hotel near The Domain mixed-use development north of Austin. Plans were submitted on July 20. The approximately three-acre site is currently developed with a single-story warehouse.

There are currently Element and Hilton Garden Inn hotels under development in this immediate area. Read more...

Development

AC Hotel at Duke University Medical Center

Jul 19, 17 -- RevPAR Management of Cary, N.C., is planning a 141-room AC Hotel on a vacant parcel at the existing Erwin Terrace retail/office development near Duke University Medical Center. A site plan application for the hotel was submitted at the end of May. Read more...

Development

TownePlace Suites Orlando/Downtown

Oct 26, 17 -- The hotel was conditionally approved by the Municipal Planning Board on August 15, 2017. Read more...

Development

Holiday Inn Nashville at The Preserve

Nov 9, 17 -- Rezoning was conditionally approved on October 27. Read more...

Development

Holiday Inn Express Jamaica

Jun 19, 17 -- Manny Chadha is planning a 200-room Holiday Inn Express near CUNY's York College campus in Jamaica, Queens. Chadha purchased the site about three years ago and has now submitted plans for the hotel. The site is currently developed with a car wash. Read more...

Development

La Quinta Inn & Suites Orlando I-Drive

Jan 19, 18 -- A general contractor has been chosen and construction documents process has begun; however, the developer doesn't have a definite start date. Read more...

Development

Oak Lawn/Uptown Hotel

Apr 24, 17 -- Dallas-based Alamo Manhattan Properties is planning a 220-room hotel in the Oak Lawn neighborhood. On April 4, the Dallas City Plan Commission granted Planned Development Subdistrict approval for the project.

The intended site comprises three quarters of an acre and is currently developed with a 13-unit condominium complex and a single family home. The single-family property and one of the condo units are owned by Greenway Investment Co., an affiliate of Alamo Manhattan Properties. The developer intends to purchase the remaining condo units from individual owners. Read more...

Development

Vib Best Western

Apr 13, 17 -- KNM Development Group is planning a 101-room Best Western Vib hotel and an attached, above-grade parking garage near FedEx Forum in downtown Memphis. On May 11, the project will be considered by the Memphis/Shelby County Land Use Control Board for Special Use Permit approval. Read more...

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