Two projects, totaling 132 rooms, will break ground later thisyear and another 200 to 300 will come on line within threeyears.

Cohen Hospitality Group LP of El Paso will build and manage a92-room Candlewood Suites. The hotel will be built on slightly morethan two acres at US Hwy. 54 and Cohen Avenue on the far north sideof town. Another El Paso developer will take on the task ofbuilding and managing a 120-room Candlewood Suites, which will beset on three acres at Sunland Park and Futurity drives in theborder city of Sunland Park, NM. Both projects, set for completionin fourth quarter 2009, will cost slightly more than $10 million todevelop.

Gregory Aden, InterContinental Hotels Group's regional directorof franchise sales and development, tells that a thirdCandlewood Suites is being planned for the area although a specificgroundbreaking hasn't been designated. He says the city could endup with four over the long term "with the emphasis on developingand franchising."

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

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