US: Hospitality administration and growth firm Valencia Resort Group has begun growth of of Caravan Courtroom 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 Courtroom lodge on the positioning of the previous Caravan Motel and Greenback Automotive Gross sales.
It’s situated on Division Road and set to debut in 2026.
When full, Caravan Courtroom will characteristic 145 rooms and 7 suites, roughly 5,000 sq. ft 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 Courtroom is a enterprise like no different for Valencia Resort Group, exemplifying our enlargement 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 stay up for turning into an integral a part of the neighborhood, offering each financial advantages and a vibrant hotspot for guests and locals alike.”
The groundbreaking on Caravan Courtroom comes shortly after Valencia Resort Group introduced its largest fairness increase to this point, buying two boutique lodges Cavalry Courtroom and The George in Faculty Station, and establishing a majority curiosity in all lodges inside its administration portfolio.
Valencia Resort Assortment is a Texas-based portfolio of boutique, impartial lodges which consists of seven properties – two luxurious ideas and 5 city retreat-style boutique lodges.
