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Business & Finance

R.D. Olson Begins Construction on $24 Million Hotel Trio in California's Wine Country

IRVINE, CA. August 21, 2017 – R.D. Olson Construction, an award-winning general contracting firm in California, has commenced construction on Hotel Trio, a 122-room hotel in the heart of Sonoma County’s wine region. Located in Healdsburg, the hotel will connect the Dry Creek, Russian River and Alexander wine valleys, giving it its “Trio” moniker. Hotel Trio adds to the company’s robust portfolio of hospitality and restaurant projects in Northern California.

The 82,638-square-foot Hotel Trio will be located at 110 Dry Creek Road, with an expected completion in April 2018. The 122 guest rooms include 13 one-bedrooms and 109 studios. Within walking distance of town and a host of local wineries, the hotel will also offer on-site bicycle rentals to provide convenient access to the hundreds of wineries within a 30-mile radius. Amenities will include a bar, meeting room, outdoor pool, BBQ area, lounge, fully equipped fitness center and multiple outdoor patios with fireplaces.

“We are happy to expand our hospitality repertoire with this ground-up project in California’s wine country,” said R.D. Olson Construction vice president of construction, Matt Grubb. “The hotel will bring a much-needed, cost-effective option to the area for visitors who are looking for a high-end experience in a prime location.”

About R.D. Olson Construction

Founded by Bob Olson in 1979 and led by President Bill Wilhelm, R.D. Olson Construction is one of the top 50 general contracting firms in California. R.D. Olson Construction is a premier builder of hotel properties for several national hoteliers, including Marriott, Hilton, Hyatt, Ritz Carlton, and Starwood. R.D. Olson Construction is also an experienced builder of office, retail, restaurant, multi-family, education, assisted living and recreational projects. www.rdolson.com

Contact:
Kate Engler
Kate@ideahall.com
714-263-8748

Coming Up In The December Online Hotel Business Review




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Feature Focus
Hotel Law: Issues & Events
There is not a single area of a hotel’s operation that isn’t touched by some aspect of the law. Hotels and management companies employ an army of lawyers to advise and, if necessary, litigate issues which arise in the course of conducting their business. These lawyers typically specialize in specific areas of the law – real estate, construction, development, leasing, liability, franchising, food & beverage, human resources, environmental, insurance, taxes and more. In addition, issues and events can occur within the industry that have a major impact on the whole, and can spur further legal activity. One event which is certain to cause repercussions is Marriott International’s acquisition of Starwood Hotels and Resorts Worldwide. This newly combined company is now the largest hotel company in the world, encompassing 30 hotel brands, 5,500 hotels under management, and 1.1 million hotel rooms worldwide. In the hospitality industry, scale is particularly important – the most profitable companies are those with the most rooms in the most locations. As a result, this mega- transaction is likely to provoke an increase in Mergers & Acquisitions industry-wide. Many experts believe other larger hotel companies will now join forces with smaller operators to avoid being outpaced in the market. Companies that had not previously considered consolidation are now more likely to do so. Another legal issue facing the industry is the regulation of alternative lodging companies such as Airbnb and other firms that offer private, short-term rentals. Cities like San Francisco, Los Angeles and Santa Monica are at the forefront of efforts to legalize and control short-term rentals. However, those cities are finding it’s much easier to adopt regulations on short-term rentals than it is to actually enforce them. The December issue of Hotel Business Review will examine these and other critical issues pertaining to hotel law and how some companies are adapting to them.