Tag: hotel construction
Construction Commences for the InterContinental San Antonio
IHG Hotels & Resorts (IHG) and Scarlett Hotel Group (SHG) announced the onset of construction of InterContinental San Antonio, a 391-room hotel located on...
STR: Four World Regions Show Year-Over-Year Decline in Construction Activity
LONDON—Each of the four world regions showed a year-over-year decline in hotel construction activity. Asia Pacific is closest to its 2022 comparable, according to...
Columbia Pacific Advisors Closes Loan for Harvest Mixed-Use Development
SEATTLE—Columbia Pacific Advisors Bridge Lending has closed on a $92 million loan to facilitate the construction of the retail/commercial phase of Harvest, a mixed-use...
CN Hotels Announces Dual-Brand Property Under Construction in Raleigh, North Carolina
RALEIGH, North Carolina—CN Hotels announced that construction is underway for its new dual-brand hotel in Raleigh’s business district, Tempo by Hilton and Homewood Suites...
STR: U.S. Hotel Construction Pipeline Up for the First Time Since Late 2020
HENDERSONVILLE, Tennessee—After 25 consecutive months of year-over-year declines, U.S. hotel construction increased slightly in December, according to pipeline data from STR.
At a market level,...