Lodging Daily News

Hotel Verdant

Charlestowne Expands Portfolio With Hotel Verdant

Posted by LODGING Staff on  August 21, 2023
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CHARLESTON, South Carolina—Charlestowne Hotels announced its expansion in the Midwest with the boutique property Hotel Verdant. The 80-room adaptive reuse project in Racine, Wisconsin, is located in what was once the Zahn’s Department Store building, a shopping location. Vacant for the past 40 years, the Monument Square landmark is downtown’s newest hotel built in decades. “Charlestowne specializes in managing adaptive reuse projects and properties situated in secondary markets, making Hotel Verdant a dream hotel for
Arriba
SCOTTSDALE, Arizona—Arriba Capital announced that it closed a ground-up construction loan for a Holiday Inn Express and Staybridge Suites dual-brand property in the CBD of Houston, Texas. The property is being developed and managed by Houston-based Neway Hospitality. The loan was sized to a 75 percent loan to cost with a $34,500,000 senior loan and $18,000,000 of C-PACE financing. Ryan Bosch, principal at Arriba, stated, “The Neway Hospitality group are experienced hotel developers, owners, and
Nampa
ABERDEEN, South Dakota—My Place Hotels of America has opened My Place Hotel Boise/Nampa, ID-Idaho Center in Nampa, Idaho. The property, owned by Rimrock Companies and managed by Johnson Hospitality, has 85 keys and is situated in the Boise-Meridian-Nampa metropolitan corridor. “As we establish our presence in Boise/Nampa, we’re immersing ourselves in a community celebrated for its green parks, premier golf courses, and venues that light up with iconic concerts and thrilling horse races,” said Ryan
New York Times Square
Delta Hotels by Marriott continued to grow its global footprint with the new Delta Hotels by Marriott New York Times Square, the brand’s first hotel in New York City. “The debut of Delta Hotels by Marriott in New York City marks a significant leap forward in our brand’s growth journey,” said Manny Rappenecker, vice president and global brand leader, Delta Hotels by Marriott, Marriott International. “Championing key essentials for the highest impact, this new property
room types

The Right Mix of Room Types for Leisure Travelers

Posted by William D. Frye on  August 18, 2023
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Category: Operations
With multiple reports that travel this summer will exceed that of previous years by more than 30 percent, it is important to reconsider your hotel’s room type configuration. As a matter of affordability, organized tour groups, as well as families that travel for leisure or school or youth-related events, often seek out accommodations that offer more than one bed per guestroom. Hotels whose room mix is dominated by single king-bedded rooms and that typically market