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Titan Hotels Announce Opening of Courtyard by Marriott Southington, Connecticut

January 8, 2019

SOUTHINGTON, Conn.--(BUSINESS WIRE)--Jan 8, 2019--Officials of Titan Hotels, a Pa.-based, full-service hotel development and management group focused on branded hotels, today announced the opening of the 125-room Courtyard by Marriott Southington in Conn.

“We continue to seek targeted, urban and destination markets throughout the Northeast corridor that are ripe for additional development and acquisition opportunities,” said Sal Shahriar, president. “With its multiple demand generators and barriers to new entry, the Courtyard by Marriott Southington is an ideal addition to our growing portfolio. We maintain an aggressive growth appetite and expect to announce multiple new deals in the coming early months of 2019.”

Located at 1081 West Street, the four-story hotel is nestled near Lake Compounce and is proximate to many demand generators in the greater Hartford region. Guest rooms provide high-speed internet access and flat screen televisions, as well as large desks with multiple outlets and lighting options for workplace needs. Additionally, all rooms come with mini-fridges, microwaves, coffee makers and luxury bedding. Guests are invited to dine at The Bistro, serving three meals daily plus a weekday manager’s reception. Additional amenities include 1,100 square feet of meeting space, an oversized, well equipped fitness center and a spacious, inviting lobby space to relax and conduct business.

“The Courtyard by Marriott Southington marks our fourth Courtyard branded hotel,” Shahriar noted. “Marriott remains the world’s leading hotel franchisor, and we remain bullish on its family of brands. From its international reservation system to its world class loyalty program, the company is an ideal franchise partner. Equally, if not more important, Courtyard has earned its reputation as a sterling choice for business and leisure travelers looking for trusted accommodations. We are confident the hotel will quickly take its rightful place as the market leader.”

About Titan Hotels

Titan Hotels is a highly successful developer/owner/operator of upscale, select-service branded hotels in urban and destination markets in the North East corridor. The company wholly owns a young portfolio of Marriott and Hilton-branded properties with an average age of approximately 4 years. With a robust pipeline of the latest generation Marriott and Hilton products near central business districts and metro areas in the high barrier to entry markets in the Northeast, Titan is positioned to yield market exceeding RevPAR achievement. Titan has been highly successful in leveraging market savviness and operations excellence in producing superior NOI results beyond its market class. Titan’s future opportunities lie beyond organic growth through partnership and affiliation with third-party entities. The company continues to invest in building its leadership bench strength by attracting best-in-class hospitality talent. In addition, operational efficiencies are being gained by process improvement and streamlining and realignment of leadership team. Titan’s long-term vision is to become a leading management company of choice as an operator of institutional grade assets of premier brands producing market premium ROI. For additional information, please visit www.titanhotelgroup.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190108005047/en/

CONTACT: Chris Daly, media

(703) 435-6293

chris@dalygray.com

KEYWORD: UNITED STATES NORTH AMERICA CONNECTICUT PENNSYLVANIA

INDUSTRY KEYWORD: OTHER CONSUMER TRAVEL DESTINATIONS VACATION LODGING URBAN PLANNING CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE CONSUMER

SOURCE: Titan Hotels

Copyright Business Wire 2019.

PUB: 01/08/2019 08:56 AM/DISC: 01/08/2019 08:56 AM

http://www.businesswire.com/news/home/20190108005047/en

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