Ocean City, Md.-based Real Hospitality Group (RHG) announced their roster of hotels has grown with several new management and opening deals in 2014. The deals represent a 25.9 percent growth in room inventory. The expansion includes three new and existing properties in Delaware.
Management agreements are now in place for 53 properties and 7,203 guest rooms, expanding the company’s East Coast footprint.
Included in the portfolio growth are key branded hotels under the Marriott, Starwood Hotels, Resorts, Hilton and Carlson banners.
In 2014, seven of the hotels are expected to open prior to the end of the year.
“We have worked with our ownership groups and established solid brand relationships to deliver effective pre-opening services that create positive top line revenue for our hotels out of the box,” comments Ben Seidel, CEO. “Our development efforts stem from a straight forward approach, recognizing that our performance and the management of our ownership’s assets must produce successful results.”
The locations include:
• Home2 Suites by Hilton – Long Island City, New York: The hotel celebrated its official grand opening in August and offers 115 suites.
• Fairfield Inn & Suites – Rehoboth Beach, DE: This 94 room Generation 4 design is the first Marriott branded hotel in the Rehoboth Beach area. Slated to open in November 2014
• Four Points by Sheraton, Christiana. Construction is in the final stages for this 120 room hotel’s opening, slated for opening in November. The hotel is close to the Christiana Mall and major routes. RHG also took over the owner group’s Country Inn & Suites by Carlson, a 59 unit hotel, near the mall.
• Hyatt Herald Square – New York, NY: The 122 room hotel will offers a unique design and will open in October.
• Renaissance Manhattan Chelsea: The 330 room Renaissance Chelsea, at West 25th Street, is targeting a 2017 completion.
• aloft and element in Syracuse, NY: Construction has begun on the 125 room aloft on the Syracuse waterfront, as part of a revitalization plan for the area. The hotel is slated to open in 2015. Also, the new 123 room element will begin construction adjacent to the aloft on the site for a late 2016 opening date.
• New York City Expansion in the Financial District: The 176 room Fairfield Inn & Suites, the 128 room aloft, a division of W Hotels, and the 261 room Four Points by Sheraton are scheduled for openings in the fourth quarter of 2014. RHG will also be managing the new construction of 330 rooms with a Courtyard by Marriott and Residence Inn by Marriott in a new combination high rise tower, targeted an early 2017 opening.
“These hotels are instrumental in developing a diverse portfolio in markets with tremendous potential. As such, we are focused on maintaining a positive impact during the pre-opening phases and have continued to grow the company by hiring talent well matched to deliver on our promises to our owner partners,” said Seidel. “We have strategically planned for growth to stay well ahead of the future opportunities and are resourced to deliver services to exceed the expectations of the owners, our brand partners and asset managers.”
