June 27, 2013
Choice Hotels International
, Inc. (NYSE: CHH), one of the world's largest hotel companies, and
today celebrate the groundbreaking of a new four-story, 103-room hotel, which will be connected to the future 15,000-square-foot conference center in
, one of
fastest growing communities. KAJ Hospitality, led by the father and son development, ownership and management team of
Kevin and Aaron Johnson
, has corporate offices in
Sioux Falls, S.D.
, and will be the owner/developer of both greatly anticipated real estate development projects.
"Cambria Suites is experiencing impressive expansion throughout the country because Cambria Suites hotels meet the demand for stylish, upscale hotels offering tremendous value," said
, senior vice president of upscale brands for Choice Hotels International. "Right now,
is seeing tremendous economic growth and that's attracting major companies and the region's top talent. So a hotel which understands what these businesses and travelers need is essential."
is the fastest growing state in
the United States
, developing at nearly three times the national rate. The city of
reflects that momentum. In 2012, the city issued 480% more commercial building permits than the previous year. Further, last year's city-wide growth rate was 72.9%.
The hotel and convention center project represents an estimated investment of more than
and approximately 325 jobs to the greater
area. The Cambria Suites West Fargo will be the emerging upscale brand's first
property and is scheduled to open in the spring of 2014 at 19th Ave. East and Beaton Drive.
"We are proud to bring extensive marketplace knowledge and first-hand experience as a hotel operator in greater
to this new Cambria Suites hotel," said
, president and chief executive officer of KAJ Hospitality. "For years, there has been a need in
for a mixed-use conference center space such as what we will now develop. With Cambria Suites as the hotel anchor of our conference center, we are filling an important need for this rapidly expanding city. And we are confident we have the perfect combination to achieve great success as a business as well as members of the
Building on solid development momentum, the Cambria Suites brand made hotel history by holding ground breaking ceremonies for three hotel projects in the
market within 24 hours last December, combining an approximate
investment and the creation of nearly 1,000 jobs. Since then, the brand has commenced construction nearby the
, just outside
and announced major development agreements in other cities as well as a joint venture with its first institutional investor, Fillmore Capital Partners and its affiliates, to develop multiple Cambria Suites properties. Cambria Suites Miami is scheduled to open this fall.
hotel will deliver the consistently high level of style at an equally attractive price guests have come to count on with this brand. All Cambria Suites hotels are new-construction and the brand leads the rest of the upscale lodging segment in guest satisfaction scores as measured by guests' likelihood to recommend (LTR). As of today, many Cambria Suites hotels are ranked #1 and #2 in their respective markets on TripAdvisor.
Designed as a lifestyle hotel brand, Cambria Suites offers more than just a place to sleep at night. It features a larger lobby to give guests a more social atmosphere, spacious all-suite rooms that include separate areas to work and rest, providing business and leisure travelers room to relax, socialize and network.