US: Hospitality administration and growth firm Valencia Resort Group has begun growth of of Caravan Court docket in Arlington, Texas, its eighth lodge within the portfolio.
Valencia Resort Group, in partnership with Sam Mahrouq and Walid Joulani of Division Resort Administration LLC, will construct the Caravan Court docket lodge on the location of the previous Caravan Motel and Greenback Automobile Gross sales.
It’s situated on Division Road and set to debut in 2026.
When full, Caravan Court docket will function 145 rooms and 7 suites, roughly 5,000 sq. toes of assembly area, a restaurant serving a basic Americana menu, and a number of bars together with a rooftop bar, a martini bar, and a poolside bar and restaurant.
“Caravan Court docket is a enterprise like no different for Valencia Resort Group, exemplifying our growth all through Texas and marking our first property in Arlington,” mentioned Roy Kretschmer, chief operations officer of Valencia Resort Group. “We’re excited to contribute to the revitalisation of Division Road and sit up for turning into an integral a part of the group, offering each financial advantages and a vibrant hotspot for guests and locals alike.”
The groundbreaking on Caravan Court docket comes shortly after Valencia Resort Group introduced its largest fairness increase up to now, buying two boutique inns Cavalry Court docket and The George in Faculty Station, and establishing a majority curiosity in all inns inside its administration portfolio.
Valencia Resort Assortment is a Texas-based portfolio of boutique, impartial inns which consists of seven properties – two luxurious ideas and 5 city retreat-style boutique inns.
