Candlewood Suites Grows to 50 Locations in Texas
13 new midscale extended-stay properties will come to Texas in first half of 2010
IHG (InterContinental Hotels Group) (IHG) [LON: IHG, NYSE: IHG] announced today that Candlewood Suites will open 13 hotels in Texas by this summer, growing the Texas portfolio to 50 properties.
'We are pleased to grow with our owners to build the right hotels in the right market,' said Jim Anhut, Chief Development Officer, the Americas, IHG. 'The demand for affordable extended-stay options is apparent with the active business and tourism industries in Texas.'
Candlewood Suites recently opened two properties in San Antonio, one in Austin and three in the Houston metro area. There will be one additional property in San Antonio and two in Houston in the coming months. Demand for these extended-stay properties has led to other hotels soon opening their doors in Abilene, Fort Stockton, Ft. Worth and Temple, Texas.
'We
