Concord Hospitality Adds Hampton Inn Cleveland Downtown to Management Portfolio Property to Undergo Complete Renovation

CLEVELAND/RALEIGH, N.C., May 18, 2011—Officials of Concord Hospitality Enterprises, one of the nation’s top-ranked hotel developer/owner/operators, today announced that through an affiliated entity, it had acquired a partnership interest in the 94-room Hampton Inn Cleveland-Downtown owned by Cleveland-based The Ferchill Group. The property is slated to undergo a complete renovation of all public spaces and …

TENAFLY, N.J., May 16, 2011—Officials of the 119-room Clinton Inn Hotel, a historic, independent property in Tenafly, N.J., today announced the completion of a $6 million renovation program that spanned four years. The most recent phase focused on updating all guest rooms at a total cost of $1.6 million. The hotel is managed by Concord …

EDMONTON, Alberta, Can./RALEIGH, N.C., April 4, 2011—Officials of Concord Hospitality Enterprises, one of the nation’s top-ranked hotel developer/owner/operators, today announced that its joint-venture partnership with Lupert-Adler has sold the 177-room Courtyard by Marriott Edmonton in Alberta to MIG Real Estate, a Newport Beach, Calif.-based real estate investment company, for an undisclosed amount. Concord will continue …

Wins Marriott’s Prestigious Partnership Circle Award for Record-Setting Eighth Year.

RALEIGH/DURHAM, N.C., March 30, 2011—Concord Hospitality Enterprises, one of the nation’s top-ranked hotel developer/owner/operators, today announced that it celebrated its 25th anniversary with the addition of a record 18 hotels to its portfolio in 2010 and generated more than $287 million in revenues. The company opened three new hotels, including the pioneer prototype for the first LEED-Designated Courtyard by Marriott, broke ground on two properties, and added 13 new third-party management contracts. Concord’s portfolio has grown by nearly 40 percent since the recession that hit in the fall of 2008. The company also added
new brands to its portfolio, including Hyatt Place, Hyatt Summerfield Suites, Crowne Plaza and Holiday Inn.

Hotel Interactive by Caryn Eve Murray When Concord Hospitality broke ground last year on Courtyard by Marriott Settlers Ridge in Pittsburgh, the Raleigh, N.C., company wasn’t just pouring the foundation for LEED-certified, green building with a Silver design rating. Concord was also setting a foundation for its own major corporate shift – one that signaled …

Property Set to Open in Summer 2011 WASHINGTON, Pa., February 24, 2010—Officials of Concord Hospitality Enterprises, one of the nation’s top-ranked hotel developer/owner/operators, today announced the company recently broke ground on the124-suite, LEED-design Courtyard by Marriott Washington Meadow Lands hotel in Washington, Pa., a Pittsburgh suburb. The property is slated to open in early summer …

COLUMBUS, Ohio, February 18, 2011-Officials of Concord Hospitality Enterprises, one of the nation’s top-ranked hotel developer/owner/operators, today announced the company has broken ground on a LEED-designed 136-suites SpringHill Suites by Marriott in Columbus, Ohio, in a joint venture with Continental Real Estate companies. The property, located at 1421 Olentangy River Road, is slated to open in late summer 2011.

Seven companies recognized with Marriott’s highest award, the Partnership Circle; Four companies are the first to be honored with the inaugural Horizon Awards