Home2 Suites eyeing Hub City
Published: September 21,2009
HATTIESBURG — Home2 Suites by Hilton announced the approval of a franchise application for Hattiesburg. The developer for the new hotel is Narayan Global Hotel LLC.
The cost of the project was not disclosed.
Located near I-59 at Exit 65AB , the hotel is set to break ground within the next year, with an anticipated opening in early 2011. The four-story, new construction hotel will contain 90 guest suites, 1,000 square feet of meeting space, outdoor grills and an outdoor pool.
“Since launching the Home2 brand in January, we’ve received an overwhelmingly positive response from the development community,” said Bill Duncan, global head, brand management, Home2 Suites by Hilton. “We’re excited to bring one of our first hotels to Hattiesburg.”
The brand was officially launched at a hotel industry conference in late January. To demonstrate the strong interest from the hotel development community, 10 submitted franchise applications were announced at the event. Since then, Hilton has received approximately 50 additional franchise applications. This Hattiesburg application is one of the first to be fully executed and approved.
On average, Home2 Suites will be comprised of 90 percent studios and 10 percent one-bedroom suites, at 323 and 509 square feet, respectively. Public space will account for approximately 4,200 square feet.
Home2 Suites forecasts 100 properties open by year-end 2012, with 60 to 70 per year thereafter. Immediate focus will be on U.S. development, with expansion into Canada, Mexico and abroad in subsequent years.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Twang & Tourism: The Country Music Trail
Top Posts & Pages
- Retired judge to hear McDaniel's challenge of primary loss to Cochran
- PSC's Brandon Presley calls in-state nuclear waste dump a 'harebrained scheme'
- Georgia-Pacific completes acquisition of SPG Holdings
- Venture Tech merges with ISC, acquires SAT
- Officials set hunting dates for birds; expands dove season by 20 days
- State's jobless rate remains highest in U.S.
- Former DMR manager pleads guilty to embezzlement
- GOLF ranks state's courses; Fallen Oaks, Dancing Rabbit make top 100
- Southern Bancorp to acquire Bank of Bolivar County