Choice Hotels International, Inc. (NYSE: CHH) has finalized an agreement with Brendan Gilyan of Mopac Hotel Development, LP, to develop the Cambria Hotel Austin near the Domain. The five-story, 135-room upscale hotel is slated to open in 2021.
Located at 13201 Burnet Road, the new Cambria hotel will be situated within a mixed-use development in the high-tech corridor of northwest Austin, offering guests convenient access to the regional offices of Apple, Amazon, Google, Facebook, and Dell. The property is also near several local attractions, including the upscale Domain Shopping Mall, Rock Rose Entertainment District, St. David's Medical Center, and the University of Texas at Austin.
"Austin is one of the fastest-growing regions in the nation—spurred by major businesses expanding in the area, popular festivals like South by Southwest (SXSW), and a thriving food and craft beer scene. The Cambria Hotel Austin near the Domain will be designed to reflect the city's creative culture and connect travelers with authentic, local experiences," said Mark Shalala, vice president, development, upscale brands, Choice Hotels. "Austin is the perfect fit for the expansion of our Cambria portfolio across Texas, where we now have several hotels open or in the pipeline."
The hotel will feature upscale amenities tailored to the needs of modern travelers, including:
Spa-style bathrooms with Bluetooth mirrors
Contemporary and sophisticated guest rooms with plush bedding
State-of-the-art fitness center and pool
5,500 square-feet of multi-function meeting space
Upscale bistro and bar featuring local craft beer, wine, specialty cocktails, and small bites
Outdoor courtyard with fire pit and gathering space
Locally inspired design
"Visitors love the Texas capital's vibrant culture, along with its innovative energy—and businesses have taken note as well," said Brendan Gilyan, partner, Mopac Hotel Development, LP. "Expanding our portfolio in the Austin area with Cambria allows us to bring in-demand, upscale experiences to guests."
This communication includes "forward-looking statements" about future events, including anticipated hotel openings. Such statements are subject to numerous risks and uncertainties, including construction delays, availability and cost of financing and the other "Risk Factors" described in our Annual Report on Form 10-K, any of which could cause actual results to be materially different from our expectations.
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