SHELTON, CT and SYRACUSE, NY -- May 17, 2012 - -Officials of New Castle Hotels and Resorts, a leading hotel owner, operator and developer, today announced its joint venture and long term management agreement for the Residence Inn/Courtyard by Marriott (top left rendering) project currently under development by RHS Holdings, LLC, a prominent Syracuse-based real estate development firm.
The combination hotel, a 78- room Residence Inn and 102-room Courtyard by Marriot, constructed under one roof, will be located in the heart of the city’s Armory Square district and is the first new-build hotel in downtown Syracuse in more than 50 years.
The hotels, scheduled to open a year from today, also mark the return of Marriott brands to downtown Syracuse. The project is the largest, non-office building new construction project in downtown Syracuse in more than 25 years.
“Armory Square (lower left photo) is one of the great urban redevelopment stories in the country. In its heyday, the neighborhood was home to numerous hotels. The addition of our hotels will assure the Syracuse visitors a unique and memorable experience,” said Richard Sykes, vice president RHS Holdings, LLC.
“Gerry Chase (middle right photo) and his team from New Castle have deep roots in Syracuse. They’ve been involved in managing five hotels in the Syracuse market over the last 25 years, so their knowledge of the market, coupled with their hotel industry experience made them the only choice for this venture.”
For a complete copy of the company’s news release, please contact:
Lauralee Dobbins
Daly Gray, Inc.
703-435-6293
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