SHELTON, Conn. — New Castle Hotels and Resorts (NCHR) plans to double its owned and managed hotels by 2020, via management contracts, acquisitions and new-build hotels. NCHR is currently negotiating for third-party management contracts for a resort in Quebec and a hotel on Long Island, N.Y.
The company also has plans to launch a dual-branded Residence Inn/Courtyard by Marriott in Dartmouth, N.S., which could begin construction as early as the fall.
“Throughout this most recent economic upturn, our development team has been cultivating a broad range of opportunities that are poised to come to fruition over the next four years,” says Gerry Chase, president and COO, NCHR. “Twenty years ago, we took the shuttered Nova Scotian, a beloved fixture of the Canadian Pacific Railroad era, to become the first Westin franchise property. In August, we will celebrate the 20th anniversary of our Westin Nova Scotian, by re-upping the franchise agreement for another 20 years. Those kinds of complex projects now are part of our DNA and we will continue to look for those opportunities in the coming years.”