BETHESDA, MD-Senior living community and upscale hotel owner Crestline Capital Corporation opens the Charlotte City Center Courtyard in Charlotte, North Carolina. Crestline’s management arm, Crestline Hotels & Resorts, will manage the 181-room hotel.

The property, which will operate as a Marriott franchise, is strategically located just a few miles from Charlotte/Douglas International airport and only one block from CBD. It is also within walking distance of Ericsson Stadium and Discovery Place Science Museum.

“In locations like Charlotte,” says Crestline Chief Operating Officer Dave Durbin, “downtown limited-service hotels typically generate stronger financial returns to owners than full-service hotels in the same market. In addition, they are also usually less susceptible to downturns in the economy.” The new 16-story hotel boasts a 24-hour business library, fitness center and 1,500 sf of meeting room space. Crestline manages more than 30 hotels, leases 91 hotels, and owns 31 senior living communities.

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

Once you are an ALM digital member, you’ll receive:

  • 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

*May exclude premium content
Already have an account?


© 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.



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.