Cambria Hotels an upscale brand franchised by Choice Hotels International, Inc. (NYSE: CHH) is adding New Haven, Connecticut to its growing lineup of coast to coast properties following today s opening of the Cambria Hotel New Haven University Area. The opening of the six-story, 130-room hotel is the brand s first property in Connecticut and joins the recently added Cambria Hotel Boston Somerville as well as soon-to-open Cambria Hotel Portland Downtown Old Port and Cambria Hotel Manchester South Windsor to fuel Cambria s rapid expansion across New England this year.
Choice Hotels International, Inc. (NYSE: CHH) today announced the sale of the Cambria Hotel Nashville Downtown for $109.5 million. In addition, the company entered a new long-term franchise agreement with the buyer, and the hotel will now be managed by Pyramid Global Hospitality. This latest agreement reflects the increased value for Cambria Hotels modern, upscale accommodations in travelers favorite urban destinations.
Continuing its rapid expansion into popular markets across the country, Cambria Hotels, an upscale brand franchised by Choice Hotels International, Inc. (NYSE: CHH), officially started construction on the Cambria Hotel Lake Placid - Lakeside Resort in Lake Placid, New York on June 9, 2022. Expected to open in fall 2023, the new 185-room Cambria will be the brand s fourth hotel in New York and adds to Cambria s growing portfolio of properties in travelers favorite leisure destinations.