ROCKVILLE, Md., June 20, 2018 /PRNewswire/ -- Choice Hotels
International, Inc. (NYSE: CHH) has signed two agreements with Four
Raines, LLC to develop Cambria hotels in Greenville and Summerville, S.C., both rapidly growing
business regions. The Cambria Hotel Greenville and the Cambria
Hotel Summerville are both slated to open in October 2019.
The Cambria Hotel Greenville will have 125 rooms and is located
in an upscale mixed-use retail area with access to Whole Foods,
Total Wine, and Ann Taylor LOFT. The property is within walking
distance to the headquarters of TD Bank and BMW North American
Technology, Hubbell Lighting, ICAR, and facilities operated by
3M, Honeywell, and General
Electric.
The 95-room Cambria Hotel Summerville will be located in Nexton
Town Center, a mixed-use development with retail and office space,
live-music and event venues, and a walking and biking trail system.
Hotel guests can enjoy dining experiences at nearby Halls
Chophouse, Fuji Sushi, and Taco Boy. Summerville is home to Volvo, SCRA,
Summerville Hospital and Medical Center, and Palmetto Care.
Both properties will feature several upscale amenities tailored
for the modern traveler, including:
- Spa-style bathrooms with Bluetooth mirrors
- Contemporary and sophisticated guest rooms with plush
bedding
- Menus featuring hyper-local craft beer, wine, specialty
cocktails, and bites
- Locally inspired designs
- State-of-the-art fitness centers
- Multi-functional meeting space and business centers
"The Cambria Hotel Greenville and the Cambria Hotel Summerville
represent our dedication to the brand's growth in corporate-rich
areas," said Mark Shalala, vice
president, development, upscale brands at Choice Hotels. "Four
Raines, LLC has cultivated an expansive portfolio of properties
across South Carolina over the
past 50 years and is a longstanding collaborator with Choice
Hotels, with a Cambria property in Mount
Pleasant, S.C., slated to open later this year and Hotel
Florence, an Ascend Hotel Collection member property. This allows
for seamless coordination in bringing these new Cambria locations
to market."
"Greenville and Summerville, S.C. are both charming, booming
cities," said Grey Raines, managing partner of Four Raines, LLC.
"Greenville is the largest and
fastest-growing county in South
Carolina, while Summerville
is on the rise in the North
Charleston area. Modern travelers visiting these communities
will soon have the opportunity to enhance their stay at our upscale
Cambria Hotels properties."
For Cambria hotel development opportunities, please
visit /choicehotelsdevelopment.com/cambriahotels/.
About Cambria Hotels
Cambria® Hotels are designed for
the modern traveler, offering guests a distinct experience with
simple, guilt-free indulgences allowing them to treat themselves
while on the road. Properties feature compelling design inspired by
the location, spacious and comfortable rooms, flexible meeting
space, and local freshly prepared food and craft beer. Cambria
Hotels is rapidly expanding in major U.S. cities, with hotels open
in Chicago, New York City, Pittsburgh, Washington, D.C., and Los Angeles. There are more than 35 Cambria
properties open across the United
States, and over 100 hotels open or in the pipeline in the
U.S. and Canada. To learn more,
visit www.cambriahotelsandsuites.com.
About Choice Hotels
Choice Hotels International, Inc.
(NYSE: CHH) is one of the world's largest hotel companies. With
over 6,800 hotels franchised in more than 40 countries and
territories, Choice Hotels International represents more than
550,000 rooms around the globe and, as of March 31, 2018,
there are more than 900 hotels in our development pipeline. Our
company's Ascend Hotel Collection®, Cambria® Hotels, Comfort®,
Sleep Inn®, Quality®, Clarion®, MainStay Suites®, Suburban Extended
Stay Hotel®, WoodSpring Suites®, Econo Lodge®, Rodeway Inn®, and
Vacation Rentals by Choice Hotels® brands provide a spectrum
of lodging choices to meet guests' needs. With more than 36 million
members, our Choice Privileges® rewards program enhances every trip
a guest takes, with benefits ranging from every day rewards to
exceptional experiences, starting right when they join. All
hotels and vacation rentals are independently owned and operated.
Visit us at www.choicehotels.com for more
information.
About Four Raines, LLC
Together, Four17 Partners and
Raines Hospitality, LLC have formed Four Raines, LLC in order to
execute the development and operation of several hotel properties
across the southeast. The Four Raines Partnership will result in an
aggressive growth strategy to become one of the leading hospitality
organizations in the southeast region. The combined experience of
our organizations and relationships in the industry will allow us
to deliver product efficiently and with quality that exceeds
expectations. We are now poised for management and
operational growth with a team in place to complete the entire
hospitality investment cycle. Objectives include assembling a
portfolio of focused-service U.S. hotel assets with major brands
through a combination of new development, acquisition, renovation
and repositioning where appropriate. The collective partners in
Four Raines bring a strong track record of developing, owning and
managing distinctive hotels that outperform their primary
competitors and achieve outstanding financial returns for ownership
in significant markets. The principals of Four17
Partners, David Tart, H.S. Russell,
Rock Dangerfield and Brandon Graham
have been developing and acquiring real estate in the southeast
from 2005 to the present and developing award winning hospitality
product in high barrier markets. Raines Hospitality, Inc.,
led by Chrisie Raines, David Raines, and Grey Raines, has over 50 years
of experience managing successful hotels across all major hotel
brands. Combining the investor management and financing expertise
of Four17 Partners with the diverse level of experience and range
of hospitality management services of Raines Hospitality, Inc. will
allow both companies to work in full collaboration with the owners,
investors, and associates to create the best possible experience
for guests while maximizing the investments of their partners.
Forward-Looking Statement
This communication includes
"forward-looking statements" about future events, including
anticipated hotel openings. Such statements are subject to numerous
risks and uncertainties, including construction delays,
availability and cost of financing and the other "Risk Factors"
described in our Annual Report on Form 10-K, any of which could
cause actual results to be materially different from our
expectations.
Addendum
This is not an offering. No offer or sale of
a franchise will be made except by a Franchise Disclosure Document
first filed and registered with applicable state authorities. A
copy of the Franchise Disclosure Document can be obtained through
contacting Choice Hotels International at 1 Choice Hotels Circle,
Suite 400, Rockville, MD 20850,
development@choicehotels.com.
© 2018 Choice Hotels International, Inc. All rights
reserved.
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SOURCE Choice Hotels International, Inc.