The project is one of the first new-build hotels created withthe brand image and services mandated under the relaunching of theHoliday Inn Express brand by InterContinental Hotels Group.Portland, OR-based Wright Development is the general contractor onthe project.

|

AHDP president Clyde Harris tells GlobeSt.com that the projectis expected to cost $9 million. "The project is located on AbercornStreet, which is the main thoroughfare in Savannah," Harris says."It's also located near several hospitals in an area that'sgrowing." Harris Hotel Group, also headed by Harris, will managethe property.

|

Harris says the project was also attractive because the 172-roomHoliday Inn located about two miles from the new hotel will nolonger be a Holiday Inn as of February 2009. "There will be a largenumber of Priority Club members looking for rooms," he says.

|

AHDP partners with real estate investment firms andhigh-net-worth individuals to develop and open hotels in targeted,underserved markets. The company is currently developing 15 hotelsin several states, including South Carolina, North Carolina,Florida, Alabama, Louisiana and Pennsylvania.

|

"The Savannah market requires more hotel rooms," says Harris."We identified this need, and are working rapidly to enter theSavannah market with this property."

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.