Strand Hospitality Growth Continues

Ground preparations begin soon for two new Strand Hospitality development projects in North Carolina. The Home2 Suites by Hilton in Belmont, NC is scheduled to break ground in mid-to-late August. Due to this hotel’s unique location and association with Belmont Abbey College, the project will include custom features and upgrades similar to those found at the Hampton Inn Charlotte-Belmont at Montcross, which is under the same ownership.

A little farther north near the intersection of I-77 and I-40 groundbreaking is expected sometime in October for the Fairfield Inn & Suites Statesville, NC. Both properties are projected to open in late 2020.

Strand Hospitality Services, a Pharr family company, provides innovative, practical and profitable methods of improving the way hotel properties are operated. The first and primary responsibility of a hotel management company is to produce solid financial results and to deliver quality services with responsible Asset Management.

Strand supports operations centers in Charlotte, Myrtle Beach, and Atlanta. Founded in 1969, the company began as a developer/owner of full-service Holiday Inn resorts, and then also growing via third-party management. Today, with more than 30 high-quality hotels in its management portfolio, the company focuses on developing, investing and operating properties as well as servicing for third-party management contracts. The company specializes in the two to four-star hotel segments among many segment types of hotels and is approved to operate hotels under all the leading hotel brand families, including Marriott, Hilton, Starwood, Wyndham, Choice and InterContinental Hotel Group.