article thumbnail

ESA breaks ground on first new-build Select Suites

Hotel Business

Extended Stay America has broken ground on the first new-construction Extended Stay America Select Suites prototype in Wildwood, FL. The franchised property, scheduled to open in early 2025, is being developed by Southern Hospitality. “As The prototype maximizes a smaller footprint, with construction taking place on land as small as 1.75

article thumbnail

Pandemic Effects on Funding, Growth and People – Plus Predictions for 2024

Modern Restaurant Management

At a unit level, some franchisees will continue to sign deals and take on higher construction and real estate costs, but most will still end up with delayed openings due to limited real estate options. Generally, expect restaurant development to be an interesting dichotomy of slow growth in the field, while big deals explode.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The ascension of extended-stay hotels in the U.S.

Hotel Business

With remote work, flexible schedules and an increased desire for more home-like atmospheres, the extended-stay segment has experienced unprecedented growth in the U.S. hotel construction pipeline reached its highest level for projects with 5,964 projects and 693,963 rooms. construction pipeline. 1 603-431-8740, ext.

article thumbnail

How to improve your hotel spa

Hotel Owner

Cater to guests seeking holistic wellness experiences that encompass physical, mental, and emotional wellbeing. Construction and renovation: Execute the refurbishment plan, coordinating construction activities, sourcing materials, and overseeing installation of spa equipment and amenities.

article thumbnail

Sailing through the storm: Hotels and hospitality

Boutique Hotel News

Construction costs are crippling which is making development a huge challenge. Consumer behaviour has changed so much that the marketplace has widened in order to cater to preferences such as cancellation policies, refunds, sustainability, payment methods and more. . To check out the schedule, please click here.

Events 130
article thumbnail

How to apply for the Restaurant Revitalization Fund grants

7 Shifts

IRS Forms 1040 Schedule C; IRS Forms 1040 Schedule F. Outdoor seating construction. Operational expenses ( including restaurant schedules software! ). Gross Receipts Documentation: Any of the following documents demonstrating gross receipts and, if applicable, eligible expenses. Bank statements. Bars and lounges.

Document 148
article thumbnail

Web Exclusive: Great Wolf Pocono Mountains debuting villa concept

Hotel Business

three-bedroom villas, which are scheduled to open in late summer, are currently under construction on a fairly secluded portion of the property, adjacent to the main resort, providing villa guests with views of the surrounding Pocono Mountains landscape. The 1,550 sq.-ft.,