Briad's recent expansion has been through the various Marriott brands, including the 100-suite Residence Inn by Marriott which opened last spring in Hauppauge, NY and the 108-room Residence Inn in Somerset, NJ, which opened in late summer. In October, the company cut the ribbon for two more Marriott-branded hotels, the 108-room Residence Inn in Cranbury, NJ and a 106-room Spring Hill Suites in Danbury, CT.
"We are looking to develop lodging properties in the tri-state area of New York, Jersey and Connecticut, where we see opportunities," explains Steve Scharf, the company's director of development and asset management. "We can build four to six per year in this geographic area within the upper-end, extended stay segment."
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