Raleigh’s Concord Hospitality amid $400M expansion plan – Triangle Business Journal

We don’t hear much about Raleigh’s Concord Hospitality Enterprises because most of its hotel development and management work in the past involved markets outside the Triangle region. It looks like that is beginning to change.

Rockbridge Partners, a division of Rockbridge, today announced the acquisition of the Raleigh Marriott Crabtree Valley, a 375-room, full service hotel located in Raleigh (Crabtree), NC. Jim Merkel, president and CEO of Rockbridge, made the announcement. The full service, six story Marriott will undergo an extensive $23 million renovation that will dramatically change the overall …

LOS ANGELES, CA – Laurus Corporation, a U.S.-based private real estate investment and development firm, has announced the acquisition of the Renaissance O’Hare Hotel in Chicago, Illinois. The 362-suite upscale property is located on a 3.08-acre lot three miles from O’Hare International Airport, one of the busiest travel hubs in the country transporting more than
66 million people per year, and is situated in one of the most prominent office markets in Chicago. Opened in 2005, the 15-story hotel features more than 15,000 square feet of meeting space and amenities, including a fitness center, business center, pool, concierge and an airport shuttle.

RALEIGH, N.C., July 8, 2013—Officials with Concord Hospitality Enterprises, one of the nation’s top-ranked hotel developer/owner/operators, today announced the promotion of Matt McClelland to senior vice president, select service operations. Most recently, he served the company as vice president, capital assets. In his new role, McClelland will assume responsibility for the operational performance and brand …

Concord Hospitality Enterprises, one of the nation’s top-ranked hotel developer/owner/operators, was named Hyatt Hotels & Resorts’ Developer of the Year. The honor recognizes a company for its hotel development in strategic locations and construction quality and efficiency. Concord was one of only 10 companies honored at Hyatt’s global owner’s conference held in Orlando.

RALEIGH, N.C., June 12, 2013— Concord Hospitality Enterprises, one of the nation’s leading hotel developer/owner/operators, its affiliate hotels and Feed the Children (FTC), a non-profit, worldwide relief organization based in Oklahoma City, Okla., rallied once again for their fifth annual Share Day, volunteer event, organized in eight cities in the U.S. and Canada.