Choice Hotels International, Inc. announced today two new development contracts for its Cambria Suites brand in New York City, with locations in Times Square and in Chelsea. This will be the brand's first development deal in New York City, as well as the first time that multiple Cambria Suites properties are simultaneously under development in a single metropolitan city.
Both properties, scheduled to open in early 2013, illustrate the "strong" demand for the brand in "major metropolitan markets," according to Stephen P. Joyce, president and CEO of Choice International.
The Times Square property, with 194 suites, will be the largest Cambria Suites hotel to date. In addition, the property will be developed by New York based development company, Extell. Gary Barnett, president of Extell Development Company commented: "Times Square is ready for a contemporary, upscale all-suites hotel offering great value and exceptional design." Furthermore, the second property, located in Chelsea, will feature 140 suites and will be the first hotel brand to be developed by Robert Chun of We Care Trading Co., Ltd.
Choice Hotels will be making a significant investment in the Cambria Suites brand to ensure long-term growth and success. Stephen Joyce of Choice International added: "We believe Cambria Suites offers unlimited potential to Choice Hotels and hotel developers, and we are putting a wealth of resources behind the brand's success."
The first two Cambria Suites Hotels planned for New York City will be located at 30 W. 46th Street (Times Square), and 123-125 West 28th Street (Chelsea).
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