Path Construction Breaks Ground on Marriott's First StudioRes Hotel in Fort Myers
Path Construction, a leading construction company, recently celebrated a significant milestone: the groundbreaking ceremony for Marriott International's first StudioRes brand hotel in Fort Myers, Florida.
StudioRes: A New Brand for Extended Stays
The StudioRes brand represents Marriott's new venture into the affordable midscale extended-stay market for the U.S. and Canadian markets. This brand caters to guests seeking comfortable yet economical accommodations for longer stays. The Fort Myers hotel will be a 124-key, 54,000-square-foot property and will be known for its cost-efficient construction approach, making it Marriott's most affordable project on a per-key basis.
Industry Leaders Celebrate Collaboration
The groundbreaking ceremony brought together key figures from Path Construction, Marriott International, Concord Hospitality (the developer), and Whitman Peterson.
Noah Silverman, Global Development Officer for Marriott International in the U.S. and Canada, expressed his excitement about this milestone. He emphasized the importance of expanding Marriott's offerings to cater to diverse guest needs and highlighted the rapid progress made in bringing the StudioRes brand to life, going from announcement to groundbreaking within just six months.
Ric Krause, President and CEO of Path Construction, echoed the sentiment, expressing his company's honor to be part of this groundbreaking project alongside major industry players like Marriott and Concord Hospitality. He emphasized Path's commitment to excellence and its reinforcement through collaborating with such esteemed partners.
Looking Forward: Expansion Plans and Updates
Concord Hospitality plans to build several additional StudioRes properties in the coming months, with an ambitious goal of developing around 50 hotels across various U.S. cities. These new hotels will cater to the growing demand for affordable extended-stay options in major markets.
For further updates on this exciting development in the hospitality industry, visit Path Construction's website at pathcc.com.