NewcrestImage Celebrates Groundbreaking for 119-room Holiday Inn Express in Waco, Texas
September 11, 2013 - NewcrestImage broke ground on its latest development: a custom built, state-of-the-art Holiday Inn Express, in Waco, TX.
The Waco, TX, market is one that has seen consistent, if moderate, growth across all key hotel and lodging metrics in the last twelve months; from occupancy to ADR via number of rooms available, all have seen growth.
As home to Baylor University and Hillcrest Heath Systems, the city attracts a diverse range of visitors, and acts as a main stopover for visitors from Austin and Dallas.
The property will be located in the mixed-use Legends Crossing development; a development which offers residents and visitors alike a broad range of attractions, including a 7 acre lake, walking trails, and shopping, wellness and leisure options. Boasting 119 rooms, the property will replace the existing Holiday Inn Express in Waco/Woodway, making it the only hotel in the area with the Holiday Inn Express flag. It will offer a range of services for guests, with an indoor pool, outdoor patio, and exceptional in-room amenities.
"The hotel will be a one-of-a-kind Holiday Inn Express, with a custom exterior façade, designed specifically for this market" said Yogi Patel, COO, Hotel Management. "We're looking forward to developing this unique property."
The property will compliment NewcrestImage's three other hotels in Waco, and bolster their portfolio further in the region as a whole.
"We have been part of the Waco community for a while now, and we're delighted to be able to continue to grow our relationship with the city, and offer its visitors another exceptional hotel to stay at," said Justin Edwards.
Their existing presence in the market, combined with their extensive and exclusive portfolio, make NewcrestImage the perfect choice to build and manage this property. Ground was broken earlier this month, and the opening is slated for summer 2014.
For more information on this or other NewcrestImage developments, please see http://newcrestimage.com/contact.html
About NewcrestImage
Planting its roots as early as 1993, NewcrestImage is a privately-owned, Texas-based hotel development, construction, and management firm. The company's principals have a combined experience of over a century in the hospitality industry. Their collective experience, combined with their single-minded dedication to providing guests with first-rate lodging accommodations and best-in-class guest services, are at the core of the company's continuing success. The company designs, builds and operates state-of-the-art hotels for the most renowned brands in the hospitality industry.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
