October 13, 2012 |
The Hotel Monaco, Center City's 47th hotel and the first lodging to offer direct views of Independence Hall and Independence Mall, opened Thursday. "We are big on Kimpton," said Mayor Nutter, cutting a ribbon and alluding to San Francisco-based Kimpton Hotels & Restaurants' second major investment in the city. "You can't get any closer to life, liberty, and freedom than here at this location. " With 268 rooms, the four-star Monaco is the second hotel to open in 2012 in the city.
August 2, 2012 |
Those in need of more than the traditional overnight stay in University City - patients receiving treatment at Children's Hospital of Philadelphia or the Hospital of the University of Pennsylvania and their families, for instance, or visiting faculty, consultants, and corporate travelers - have another hotel option. Homewood Suites by Hilton, at 4109 Walnut St., marks its grand opening Wednesday, though it has been taking guests since May 1. The extended-stay, all-suites hotel, which is managed by Hersha Hospitality Management, has 136 units.
December 7, 2011 |
One of the city's most lustrous hotels - the Rittenhouse - might be on the block. The suitor is believed to be Hersha Hospitality Trust, a hospitality real estate investment trust that owns hotels throughout the Northeast Corridor. A number of hotel-industry sources say Hersha is in negotiations to purchase the 87-room, five-diamond luxury hotel that sits on a prime tract at 210 West Rittenhouse Square. Neither the hotel nor Hersha would say a deal was pending. "Given we are a hotel owner and that we engage in the evaluation of hotels for purchase and sale on an almost daily basis, we don't comment about any particular assets we are exploring," Jay H. Shah, chief executive officer of Hersha, said in an e-mail.
September 27, 2011 |
The voluminous Convention Center will gain a new and nearby hotel: a Hilton extended-stay franchise with 246 suites at the corner of 12th and Arch Streets. The announcement of the first ground-up hotel to be built in the city since 2000 was made by Mayor Nutter and others at the Convention Center on Monday. The new Hilton Home2 Suites Hotel will feature 375-square-foot studios (about 80 percent) and one-bedroom units. All suites will have kitchens. The $60 million hotel, to be built with public and private funds, will feature 9,750 square feet of retail space on street level and 2,000 square feet of meeting space.
September 20, 2011 |
"The good life. " "A boomtown. " "On the move. " With those upbeat words, not used very much these days, University City boosters on Monday portrayed their rarefied Philadelphia enclave as an engine of vitality untouched by the malaise that has stalled +wages, economic growth, and real estate development across the nation. An annual report by the University City District cited a litany of multimillion-dollar projects and other initiatives as evidence of prosperity in a neighborhood whose luck draws largely from the ambitions, deep pockets, and Ivy League power of the University of Pennsylvania.
September 17, 2011 |
Lingering tension between convention and tourism officials and the Greater Philadelphia Hotel Association over how many new hotels the city needs to support the expanded Convention Center played out fully at this week's groundbreaking for the new Hotel Monaco. The four-star hotel of San Francisco's Kimpton Hotels & Restaurants is being built at Independence Mall. It brought to the forefront once again the debate over hotel development and how much is too much in a still-weak economy.
September 15, 2011 |
With 268 rooms overlooking Independence Mall in the heart of what is often referred to as the most historic square mile in the country, the four-star Monaco Hotel will be one of only two city hotels to open next year. So Mayor Nutter gave the new hotel and the 200 permanent jobs and 400 construction jobs it brings an official welcome Thursday at a groundbreaking ceremony where the Lafayette Building currently sits, at Fifth and Chestnut Streets. As an adaptive reuse project, the Monaco will take over the historic building.
December 8, 2010
A story Tuesday on plans for a Homewood Suites by Hilton hotel in University City gave the wrong date for its scheduled completion. The hotel is to be completed in spring 2012. A graphic Tuesday with a story on coal as a heating fuel gave the wrong figure for the percentage of U.S. homes heated by electricity in 2000. The correct figure is 30.3 percent.
December 7, 2010 |
Philadelphia has not seen construction begin on any new hotels so far this year, but work will begin on at least one before 2011 begins. Campus Apartments L.L.C. will break ground Wednesday on an upscale, $50 million Homewood Suites by Hilton in University City, catering to medical professionals, patients, and their families who are planning to stay for a while. "We started digging and found really no place to stay for an extended amount of time" in University City, said David Adelman, chief executive officer of Philadelphia-based Campus Apartments, one of the largest privately held student-housing companies in the country.