LODGING Staff - 10 Minutes News for Hoteliers - Page 107

2 min

Peachtree Group Surpasses $2 Billion in Hotel Development

🏨 Peachtree Group in Atlanta, Georgia, has exceeded $2 billion in hotel development, with a portfolio of 48 hotels. Starting 17 years ago with a $10 million Fairfield Inn in Alabama, the company has grown, marking recent achievements like topping out a beachfront hotel in Gulf Shores, Alabama, and breaking ground on a dual-branded hotel in Uptown Dallas, Texas in August 2024. Their dual-branded Marriott development in Dallas features 264 rooms, while a Tru by Hilton in Huntsville is set to open in Q4 2025, and a beachfront Embassy Suites in Alabama is due in summer 2025. Ten hotels have been opened in Qualified Opportunity Zones (QOZ) with five under construction and three in the pipeline, reflecting Peachtree's commitment to economic development in underserved areas.

1 min

Drury Plaza Hotel College Station Opens

🏨 The Drury Plaza Hotel College Station, the 18th Drury Hotel in Texas, opened in 2025 near Texas A&M University. It features 160 guestrooms, 1,100 square feet of meeting space, free hot breakfast, 5:30 Kickback snacks, WiFi, parking, an indoor pool, and 24-hour business and fitness centers. The hotel employs 50 staff, led by General Manager Matilda Harmon. Drury Hotels plans three more openings in 2025. The hotel's Meetings with More program offers flexible event planning with no F&B minimums.

1 min

HVMG Launches Third-Party Project Manager: Elevate Renovations + Development

🏨 Hospitality Ventures Management Group (HVMG) launched Elevate Renovations + Development in Atlanta, Georgia, offering third-party project management and lifecycle services to the hospitality industry. HVMG has managed development for over 65 properties in 20 years. Elevate's first major task was the $19.6 million renovation of The Darwin Hotel, an IHG voco hotel, completed in nine months despite the COVID-19 pandemic, under Chief Elevation Officer Suzanne Saunders. Elevate provides services from pre-purchase through disposition.

2 min

Hotel Continental Reopens as Tapestry Collection by Hilton Property

🏨 Miami Beach, Florida's Hotel Continental reopened as the first Tapestry Collection by Hilton property after a $44 million purchase by Spot On Ventures. The five-story, 100-room hotel, managed by Highgate, offers a midcentury-modern design and includes social spaces, a MiMo pool, and a 34-foot luxury Chris-Craft Launch. Located in Collins Waterfront Architectural District, it's under two miles from the Miami Beach Convention Center and features curated art by Danny O’Connor and T.S. Harris. Guests can enjoy Mixer Lounge, Divebar, and on-site Piola pizzeria.

1 min

Raines Adds Fairfield Inn & Suites Whitsett Greensboro East to Management Portfolio

🏨 In South Carolina, Raines added Fairfield Inn & Suites Whitsett Greensboro East to its management portfolio, the third hotel managed for Clarendon Properties. This 102-key hotel in Whitsett, North Carolina, offers amenities including WiFi and an indoor pool, and caters to both business and leisure travelers with proximity to major cities and attractions like Elon University. In 2024, Raines expanded its portfolio by more than 20 properties, including 16 hotels with Atlantic Hotels Group.

2 min

Hampton Inn Columbia Downtown Historic District Completes Renovation

🏡 Hampton Inn Columbia Downtown Historic District in Greenville, South Carolina, managed by Hospitality America and owned by Windsor Aughtry, completes property-wide renovation. The hotel, now with a new North American prototype design, has updated all guestrooms and public spaces, doubled fitness center size, and added an outdoor patio with fireplace. This marks the 14th Hilton hotel in Hospitality America's portfolio and one of five managed in South Carolina. Renovations include a redesigned front desk, localized feature wall, multi-use space, multi-functional task tables, improved bathroom design, enhanced natural light, and in-room storage solutions, with design by AK Design Group of Brentwood, Tennessee. The hotel maintains "Sleep Happy Experience" and introduces seasonal flavors to their "Hampton Waffle" breakfast. New technology includes Hilton's Connected Room Technology for personalized guest experiences.

1 min

CoStar: U.S. Hotel Industry Continues Mixed Yearly Performance Comparisons

📅 In Washington D.C., U.S. hotel industry reports mixed year-over-year data as of Jan. 25, 2025, with occupancy at 54.3% (a decrease of 3.4%), ADR at $154.21 (an increase of 3.4%), and RevPAR at $83.74 (a decrease of 0.2%). Los Angeles had the largest occupancy gain of 6%, reaching 68.7%. Due to the presidential inauguration, Washington D.C. experienced the highest ADR and RevPAR increases, up 78.0% ($285.56) and 86.8% ($169.23) respectively. In contrast, Chicago and Seattle saw significant RevPAR declines, down 34.0% ($52.88) and 11.9% ($80.19).

1 min

Preferred Hotels & Resorts Adds 11 New Properties to Its Global Portfolio

🏡 Preferred Hotels & Resorts added 11 new member properties from Oct. 1 to Dec. 31, 2024, marking their largest growth since 2019. CEO Lindsey Ueberroth highlighted the unique travel experiences and locations of these luxury independent hotels. Among the new properties are Gamboa Rainforest Reserve in Panama, Hotel Magnolia in Chile, Aurika Udaipur in India, and L’Ermitage Beverly Hills in California. Many join the I Prefer Hotel Rewards program.

3 min

Hilton Launches New Initiative, Releases Meetings and Events Trends Report

📌 Hilton launched the “World’s Most Welcoming Events” initiative, aligning with the 2025 Trends Report insights. Over 1,000 U.S. adults planning to attend work meetings or events in the next two years participated in the survey. Key findings include 71% of attendees feeling welcomed with an advance agenda, 61% with a greeting, and 59% with a text Q&A option. Other preferences: advance menus (60%), non-alcoholic drinks (52%), allergy-friendly food (52%), and attire guidelines (67%). Stress reduction measures, such as quiet areas (78%) and small meetings (62%), are favored. Group travel is popular, with 82% preferring events with acquaintances and 29% often traveling with "Frolleagues.

1 min

Mike Deitemeyer Joins the Rockbridge Holdings Team

🏨 Mike Deitemeyer joined Rockbridge as Executive Vice President and President of its development company, focusing on the luxury and lifestyle segment with its newest acquisition, ZaZa Hotels and Resorts. Deitemeyer's experience includes operations, brand leadership, and over $1 billion in hospitality investments, particularly in Omni's resort space expansion. Rockbridge CEO Jimmy Merkel expressed trust and optimism in this partnership.

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