Motto and Voco Add Locations in New York City
Skift Take
- Marriott is planning a new Residence Inn in Cary, North Carolina, featuring 122 guestrooms, meeting facilities, and various amenities.
- Hilton has opened Motto by Hilton New York City Times Square, marking the second Motto by Hilton brand in the city and the sixth Motto by Hilton overall.
- IHG Hotels & Resorts has celebrated the opening of a new Holiday Inn property in South Philadelphia after a $10 million conversion, marking their first IHG-banded property in the area.
The DJIA rose 76 points on Friday while Nasdaq was up 13, the S&P 500 was up 6 points, and the 10-year treasury yield was flat at 4.26%. Lodging stocks were modestly higher. AHT surged 14% to lead the group. AINC traded down another -5% to another new low. SLNA was down another -9%, and SOND fell another - 6%.
A new Marriott hotel is planned for Cary, North Carolina, the third of its kind in the works for the town. RevPAR Companies are developing the Residence Inn by Marriott at MacGregor Village. It will feature 122 guestrooms, a meeting room, lounge, dining area, bar, market, fitness center, indoor pool, and an outdoor patio with a fire pit, grill, and seating.
Hilton has opened Motto by Hilton New York City Times Square, the second Motto by Hilton brand in New York City. The 400-room tower features a lobby bar and a restaurant. Motto by Hilton New York City Times Square is the sixth Mot
