Business & Finance

Prestige Hospitality Group & Drexelbrook Associates Break Ground on New Holiday Inn Hotel & Suites Philadelphia at Drexelbrook

DREXEL HILL, PA. April 17, 2017 – Drexelbrook Associates, owners of the award-winning Drexelbrook Residential Community and Drexelbrook Catering & Special Event Center held a groundbreaking event to celebrate the construction of a new 100-room Holiday Inn Hotel & Suites on Thursday, April 6, 2017.

Located at 5400 Ferne Boulevard in Drexel Hill, Pennsylvania, the Holiday Inn Hotel & Suites Philadelphia at Drexelbrook is scheduled to open in June 2018 and will operate as an InterContinental Hotels Group (IHG) franchise, owned by Drexelbrook Associates and managed by Prestige Hospitality Group of Albany, New York.

State Representative Jamie Santora, Mayor Thomas Micozzie of Upper Darby Township, and representatives of Delaware County Council, Destination Delco, and the Delaware County Commerce Center joined Drexelbrook Associates at the celebratory event.

The new onsite Holiday Inn Hotel & Suites is the latest expansion of the Drexelbrook brand, and the first of two major investments planned at the Drexelbrook Catering & Special Event Center. The hotel will feature the new Holiday Inn H4 design solution, representing Happiness, Hospitality, Home and Holiday Inn – four key elements reflective of the Holiday Inn’s distinctive experience. In early 2018, Drexelbrook also will embark on a major renovation program to introduce a new stylish décor and upgraded amenities at its premier special event venue.

Pictured above: (L to R): L. William Kay III, Drexelbrook Associates; Tore Fiore, Destination Delco; Thomas Micozzie, Mayor, Upper Darby Township; Henrik Werring, Drexelbrook Associates; L. William Kay II, Drexelbrook Associates; Mario Civera, Jr. Delaware County Council; Hon. Jamie Santora, PA State Representative; Patrick Killian, Delaware County Commerce Center; Les Crymes, Drexelbrook Associates; Justin Smith, Prestige Hospitality Group; and Jim Frenis, Prestige Hospitality Group break ground on the new Holiday Inn & Suites Philadelphia at Drexelbrook.

About Drexelbrook Catering & Special Events Center

Drexelbrook Catering & Special Event Center is a full-service hospitality facility nestled within the renowned Drexelbrook Residential Community in Drexel Hill. One of the most desirable special event venues in the Tri-State area, Drexelbrook can accommodate groups from eight to 1,200 guests. In addition, Drexelbrook offers full-service catering in residences, offices and other locations in Pennsylvania, New Jersey, and Delaware. Visit www.drexelbrookcatering.com.

About Holiday Inn Hotel & Suites

With 1,205 hotels worldwide, Holiday Inn® is the most widely recognized lodging brand in the world and has helped millions of travelers discover the joy of travel since its inception in 1952. Designed to meet the needs of both business and leisure travelers, Holiday Inn hotels deliver memorable experiences through warm and welcoming service, contemporary design that blends the familiar with the new, and a sense of comfort unique to the brand and its iconic green sign. At Holiday Inn hotels, guests can find amenities to help them work and play, including full-service restaurants where Kids Eat Free, meeting and business facilities, bright swimming pools and comfortable lounges all designed to help guests relax and refresh, making travel more enjoyable for all. Visit www.ihg.com.

About Prestige Hospitality Group

Prestige Hospitality Group (PHG) owns, develops and manages hotels and hospitality properties throughout the northeast. PHG is a full-service company providing hotel development and management services focused on people, product & performance. PHG provides operational, financial and strategic management services for a mixed portfolio of franchised and independent, full service and select service hotels. Headquartered in Albany, New York, PHG currently manages hotels in New York, Connecticut, New Jersey, Massachusetts and Illinois. Prestige Hospitality Group can be found on the web at www.prestigehospitality.com.

Contact:
Henrik Werring
Director of Development Drexelbrook Associates
484-257-1009

Coming Up In The September Online Hotel Business Review




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Feature Focus
Hotel Group Meetings: Blue Skies Ahead
After a decade of sacrifice and struggle, it seems that hotels and meeting planners have every reason to be optimistic about the group meeting business going forward. By every industry benchmark and measure, 2017 is shaping up to be a record year, which means more meetings in more locations for more attendees. And though no one in the industry is complaining about this rosy outlook, the strong demand is increasing competition among meeting planners across the board – for the most desirable locations, for the best hotels, for the most creative experiences, for the most talented chefs, and for the best technology available. Because of this robust demand, hotels are in the driver’s seat and they are flexing their collective muscles. Even though over 100,000 new rooms were added last year, hotel rates are expected to rise by a minimum of 4.0%, and they are also charging fees on amenities that were often gratis in the past. In addition, hotels are offering shorter lead times on booking commitments, forcing planners to sign contracts earlier than in past years. Planners are having to work more quickly and to commit farther in advance to secure key properties. Planners are also having to meet increased attendee expectations. They no longer are content with a trade show and a few dinners; they want an experience. Planners need to find ways to create a meaningful experience to ensure that attendees walk away with an impactful memory. This kind of experiential learning can generate a deeper emotional connection, which can ultimately result in increased brand recognition, client retention, and incremental sales. The September Hotel Business Review will examine issues relevant to group business and will report on what some hotels are doing to promote this sector of their operations.