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Concord Unveils $7M Renovation of Renaissance Meadowlands

Concord Unveils $7M Renovation of Renaissance Meadowlands

RUTHERFORD, N.J.—Concord Hospitality today announced the completion of a $7 million renovation of the 167-room (including five suites) Renaissance Meadowlands in Rutherford, N.J. The hotel is owned in a joint venture between Rockbridge, a private equity firm that invests in ...

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Red Roof Inn Opens 400th Property

Red Roof Inn Opens 400th Property

COLUMBUS, Ohio—Red Roof Inn has opened its 400th hotel located in Council Bluffs, Iowa. The property is franchised by Warmbrodt Hotel Investments. “Red Roof has created a new category, upscale economy and has seen extraordinary growth in occupancy and revenue ...

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Hotel Development Costs Escalating, HVS Survey Shows

Hotel Development Costs Escalating, HVS Survey Shows

Increases in development costs are affecting the feasibility of new hotel construction, according to the U.S. Hotel Development Cost Survey 2014/15 from HVS. Hotel construction costs have steadily escalated in the past three years in markets such as New York, ...

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Hilton to Develop Modular Hotel at Bristol Airport

Hilton to Develop Modular Hotel at Bristol Airport

Bristol, U.K. and MCLEAN, Va.—Hilton Worldwide has reached an agreement with modular building provider CIMC to develop the first hotel at Bristol Airport under its economy Hampton by Hilton brand. Financed and owned by CIMC, the hotel will be managed ...

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DoubleTree Fresno Convention Center Completes Renovation

DoubleTree Fresno Convention Center Completes Renovation

FRESNO, Calif. and MCLEAN, Va.—Hilton Worldwide and DoubleTree by Hilton has announced the opening of DoubleTree by Hilton Fresno Convention Center, following a comprehensive $7 million renovation that includes modern design updates to the lobby, guest rooms, fitness center, pool ...

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