Actus Lend Lease, part of Lend Lease Corp. Ltd., was chosen inSeptember 2006 to acquire, finance, design, develop, operate andown the hotels. The total project, valued at more than $2.4billion, involves construction and renovation of at least 45hotels.


The hotel contract is a first for the Army, which is underfundedon capital repairs and maintenance, and for Actus Lend Lease, whichhas been a frequent developer of family housing on military basesfor years. Actus Lend Lease will work with InterContinental HotelsGroup to operate and manage the Army hotels.


"Never before has the Army partnered on such a wide scale withprivate sector firms to construct, renovate, maintain, operate andmanage hotels on military installations," Dale Connor, Actus LendLease managing director, stated in a release. He added that the PALprogram will provide superior hospitality services and facilitiesfor soldiers and their families, as well as government personnelvisiting bases.


Actus Lend Lease now has ten operational installationsnationwide with total development value of approximately $5.8billion. It is also the preferred bidder on two other projects witha combined initial development budget exceeding $800 million.

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.