LODGING Staff

💰 Concord Summit Capital secured a $12.2 million construction loan for a new 124-room ECHO Suites Extended Stay by Wyndham at Chandler Airport Center, Phoenix, Arizona. It's the second ECHO Suites in Arizona financed by Concord Summit for The Sandpiper Group, following last year's project in Peoria. The four-story hotel, near Chandler Municipal Airport, is strategically positioned to meet corporate demand. Concord Summit’s Robert Horton, John Choi, and Connor Martz structured the financing.

📍 White Lodging, a notable hospitality company, has assumed management of The Shepherd Hotel in Clemson, South Carolina. Located near Clemson University, this boutique hotel has been operational for three years and collaborates with the ClemsonLIFE program to offer job training for individuals with intellectual disabilities. The hotel features two dining concepts, Delish Sisters and The Thomas Bar, and includes a rooftop event space with views of Death Valley Stadium and the Blue Ridge Mountains.

🏨 Peachtree Group added six hotels to its third-party management platform. Five hotels, owned by La Posada Group LLC, are in Indiana, New Mexico, and Kansas, while Decatur Properties Holdings owns one in Texas. Peachtree now manages 115 hotels across 29 brands in 27 states, including Washington, D.C. The new additions bring their third-party operations to 42 hotels. The company focuses on optimizing revenue, controlling costs, and ensuring guest satisfaction.

🏖️ Titan Hospitality Group will open The Lodge Solomons at Solomons Inn Resort + Marina in Maryland in spring 2026. Replacing Creekside Bar + Grill, this new restaurant will feature a maritime-inspired design with rustic wood and nautical accents. The menu will highlight locally sourced ingredients and fresh seafood. James King, CEO, emphasizes collaboration with local farmers and fishers to enhance the Chesapeake Bay dining experience. Construction has entered its second phase.

🏨 PRESCOTT, Arizona—Pickard Design Studio revealed the interior design for the 109-key AC Prescott Hotel, part of the Marriott Bonvoy portfolio. Construction will commence this fall. The hotel incorporates Prescott's history with a contemporary twist, utilizing natural materials and a desert-inspired palette. The four-story hotel features a velvet and leather-accented lobby, a lounge with a fireplace, and guestrooms inspired by the "Mediodía Scheme" with warm tones and earthy textures. Public areas include a market, kitchen, fitness center, patio, and pool deck.

🏨 Hilton reached 9,000 global hotels, opening nearly three per day since 8,000 in 2024. The milestone was marked by the Signia by Hilton La Cantera Resort & Spa opening in Texas, offering 496 rooms. Hilton now operates over 1,000 luxury hotels worldwide, with plans to triple its African portfolio and quadruple in Saudi Arabia. The US has 6,000, Canada 200, Florida 500, and Italy 100 hotels. Hilton holds only 5% of global room share but 21% under construction.

🏨 Auberge Collection, based in Bethesda, Maryland, announced its rebranding to reflect its expanding luxury portfolio. Recent openings include Collegio alla Querce in Florence and The Woodward in Geneva. Upcoming locations are planned for London, Dallas, Miami Beach, Houston, and Puerto Rico. Dan Friedkin, chairman, emphasizes the brand's focus on unique experiences, while CEO Christian Clerc highlights this natural evolution to accommodate their growing global presence.