Hospitality

PHOENIX — The 114-room Holiday Inn & Suites Phoenix Airport is set to open at 3220 S. 48th Street two miles from Phoenix Sky Harbor Airport, 3 miles from downtown Tempe and 8 miles from downtown Phoenix. Owned and managed by Kuber Hotels under a license agreement with a company in the InterContinental Hotels Group, the new 74,000-square-foot hotel features 24 suites and 90 standard rooms and includes amenities such as Soleil Bistro, the hotel’s restaurant, and more than 3,000 square feet of function space. The Holiday Inn & Suites Phoenix Airport property will exemplify the standards of Holiday Inn’s $1 billion brand re-launch program.

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CHARLOTTE, N.C. — Concorde Construction has completed work on The Hilton Garden Inn Charlotte/Concord, which is located off Exit 49 of Interstate 85 in Charlotte. The six-story building contains 118 rooms and is the first of the brand to feature a newly redesigned Pavilion, the hotel's signature lobby. The owner is locally based Griffin Stafford Lodging One, which is also developed a Home 2 Suites by Hilton in Mooresville, N.C. Griffin Stafford's management subsidiary will manage the hotel.

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PHOENIX — Stoneridge Capital Partners has acquired the 119-room Hotel Highland located at 2310 East Highland Ave. in Phoenix’s Biltmore District. The purchase marks the Newport Beach, Calif.-based real estate investment company’s entry into the hospitality sector. Bill Murney of Hospitality Real Estate Counselors represented Stoneridge in the transaction, and Stan Kozlowski, Jr. of CBRE Hotels represented the undisclosed seller.

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WEST PALM BEACH, FLA. — New York-based Related Cos. has been selected to develop the 400-room Palm Beach County Convention Center Hotel, which will carry a Hilton brand, in West Palm Beach. The firm will take on the project with assistance from Hilton Worldwide, Coastal Construction, Catafulmo Construction and architect Nichols Brosch Wurst Wolfe & Associates. Related's project will generate 360 construction jobs and 300 permanent jobs. The next steps in the process are contract and financing negotiations, which will take 4 to 6 months.

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TEXAS — InterContinental Hotels will have opened 13 new Candlewood Suites properties in Texas by the mid-mark of 2010. This will increase the company's Texas holdings to 50 properties. Candlewood Suites locations have already opened in San Antonio, Austin and the Houston metro area. Two more will open in Houston in the coming months, and another San Antonio property is being built. Texas locations are also planned for Abilene, Fort Stockton, Fort Worth and Temple.

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