Raleigh-Durham-Cary-Chapel Hill Area Hotel Development, Construction & Transactions

A 600-room convention center hotel stands out against a predominantly upscale development pipeline in the Raleigh-Durham-Cary-Chapel Hill Area metro area. Lodging Development tracks 23 projects totaling 4,216 rooms, alongside recent openings and hotel ownership changes. This market combines the Durham-Chapel Hill and Raleigh-Cary metropolitan statistical areas, encompassing Chatham, Durham, Franklin, Johnston, Orange, Person and Wake counties. The tracked activity spans downtown Raleigh, Cary, Research Triangle Park and surrounding communities, bringing convention-oriented development, dual-brand projects and smaller branded hotels into the same regional investment picture.

Upscale hotels lead the projects tracked by Lodging Development, with 11 projects, followed by six upper-upscale projects and five upper-midscale projects. The largest featured development is the 600-room Omni Hotel Raleigh Convention Center, under construction by Omni Hotels & Resorts. Also among the projects currently tracked are Alamo Manhattan’s 250-room Renaissance Durham Hub RTP in final planning and Daly Seven’s 249-room Courtyard | Residence Inn Cary at the Arboretum under construction. Parks Hospitality Group’s 158-room Hampton Inn Alston Town Center is also being built. Across all 23 tracked projects, totaling 4,216 rooms, the mix includes one project whose scale remains undetermined.

Home2 Suites Raleigh Crabtree Valley opened in late August 2026 with 120 rooms, following the upscale, 124-room Residence Inn Cary Raleigh in May. Lodging Development tracks eight openings totaling 1,077 rooms over the past 24 months. Other upscale additions include the 110-room SpringHill Suites Raleigh Garner, opened in early 2025, and the 261-room Tempo by Hilton | Homewood Suites Raleigh, opened in December 2024. Hyatt House Raleigh/Downtown added 149 rooms in October 2024, while additional openings extended the tracked activity to Smithfield-Selma, Chatham Park and Benson.

For the 18-month period ending in April 2026, six months before this October 2026 update, Lodging Development tracks 10 transactions of $10 million and above. The summary records $153.3 million in documented sale prices and a separate $42.2 million in loan-derived value estimates. Among the featured transactions, White Lodging Services Corp. acquired the 353-room Sheraton Raleigh Hotel for approximately $27.8 million in March 2026. The Focus Properties purchased SpringHill Suites Raleigh Apex for $18.7 million in December 2025, while Staybridge Suites Durham - Chapel Hill - RTP sold for $11.25 million in February 2026. These records provide historical ownership and valuation intelligence rather than breaking transaction news.