 |
| Boaz Ashbel |
MIAMI
SPRINGS, FL (Sept.18, 2018) – Travelers Hotel Group has started
construction on a new 120-room Comfort Inn & Suites that will cater to
leisure and business travelers seeking modern, affordable accommodations just
minutes from Miami International Airport.
The
eight-story building, located at 665 Mokena Drive in Miami Springs, is expected
to be completed sometime next summer. Aztec Group’s managing director, Boaz Ashbel, arranged a $15.2 million dollar
construction loan.
“We’re
delivering a fresh product to the limited-service market at the airport,” said Steven
Marin, a principal of Travelers Hotel Group, which acquires, develops and
manages hospitality properties in South Florida. “We feel this category is
underserved as most of the new hotels here are select-service."
 |
| 665 Mokena Drive, Miami Springs, FL Site of planned Comfort Inn & Suites by Travelers Hotel Group |
Michael Pfeffer, a company
principal, said they are trying to keep pace with increasing demand from air
travelers.
“For
the past seven years, Miami International Airport has broken its record for
passenger growth,” said Pfeffer.
“That translates to a need for new development in the area. We see
nothing but upside going forward.”
Travelers
Hotel Group (THG) is a privately owned hotel acquisition, development and
management company with roots dating back to the 1970s with the purchase and
development of its first hotel in South Florida near Miami International
Airport.
For
more information, please visit www.travelershotelgroup.com.
CONTACT:
Todd
Templin
Executive
Vice President
BoardroomPR
O 954-370-8999
C 954-290-0810
Bank
of America Plaza | 1776 N Pine Island Rd
Suite
320 | Fort Lauderdale, FL 33322
