New Hotel Coming to Austin
- Jul 13, 2017
Choice Hotels International Inc. has signed an agreement with Cloud Nine Hospitality to develop The Cambria Hotel Austin Airport, a new 134-key property.
“The hotel is located near Austin Bergstrom International, minutes from downtown and includes great amenities, making it the perfect match for the modern traveler,” Mark Shalala, vice president of development for upscale brands at Choice Hotels International, told Commercial Property Executive. “The property features ample meeting space for guests looking to schedule business meetings on their trips or to entertain.”
Located at the corner of East Ben White Boulevard and East Riverside Drive, the four-story hotel will be close by to everything that the city has to offer, including many high-tech company operations like Apple, Google Facebook and Dell, and world-class events and attractions such as South by Southwest and the Circuit of the Americas raceway. The property will also be close to the University of Texas at Austin and the Texas State Capitol.
Expected to open in 2019, the property will feature contemporary onsite dining, serving a menu comprised of local specialties, liquor, wine, and local craft beers, as well as freshly prepared grab-and-go gourmet salads and sandwiches, and a barista bar.
In addition to being the state capital and the home of The University of Texas, Austin boasts a booming tech sector, thriving music scene, and several annual events which make it a popular destination for both business and leisure travelers.
Growing flag in a thriving city
“Austin is one of the fastest growing cities in the U.S. and an ideal market for the Cambria brand,” Shalala said. “As part of our aggressive growth strategy, we’ve been targeting both state capital and large university markets, and Austin benefits from being both. We like the stability, higher RevPAR, and consistent room night demand these markets typically deliver.”
The company has been very active in Texas and has extensive plans to grow in the state. It already has three properties in Texas, located in Plano, Southlake and McAllen, with two more projects currently under construction in Downtown Dallas and Richardson, and six additional projects under development in Waco, downtown Houston, the Houston Airport area, downtown San Antonio, Shenandoah/the Woodlands and Galveston.
“The Cambria Hotel Austin Airport is an important next stop for the brand as we continue to expand in key markets across the country, especially in Texas,” Shalala said. “Given the rapid growth of Austin, the Cambria brand is an ideal fit for the area and we look forward to providing guests and our 31 million and growing Choice privileges loyalty program members with a new upscale lodging option during their visit.”
Clould Nine Hospitality has many years of experience managing and operating hotels, including other Choice brands such as Quality Inn, Comfort Inn and Comfort Suites. the company also handles various real estate development opportunities across the state of Texas.
Image courtesy of Choice Hotels International Inc.