Concord Aims For $1B In Hotel Development Deals In 2014

Law360, New York (February 5, 2014, 6:36 PM EST) -- With 14 hotels already in development, Concord Hospitality Enterprises Co. said Wednesday that it is aiming to continue an aggressive push in the space and plans to have $1 billion worth of projects in its pipeline by the end of the year.

Riding high on the hospitality market's upbeat cycle and a favorable lending environment, the hotel management company is funneling much of its efforts into building new hotel projects that it will both own, either outright or in a joint venture, and manage, according to...
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