intermountain management
Group Led by Robert J. Guidry Acquires Dual-Branded Courtyard and SpringHill Suites New Orleans for $73 Million
HREC | May 6, 2024
First Major Hotel Sale Since Early 2023 Signals Rebound of Hotel Market Sales NEW ORLEANS, May 6, 2024-- Len Wormser, Senior Vice President and Scott Stephens, Senior Principal and Chief Operating Officer of Hospitality Real Estate Counselors (HREC), together with Cushman Wakefield Commercial Real Estate Services, are pleased to announce the sale of the 410 room Marriott dual branded New Orleans Courtyard and Spring Hill Suites Hotels located near the Ernest N. Morial Convention Center/Arts and Warehouse District of the Central Business District. The purchase price was $73 million. Robert J. Guidry along with Guidry Land Partners ...
The St. Joe Company and InterMountain Management Open Residence Inn by Marriott Panama City Beach Pier Park
the St. Joe Company | April 10, 2024
PANAMA CITY BEACH, Fla.--The St. Joe Company (NYSE: JOE) (“St. Joe”) and InterMountain Management, LLC (“InterMountain”) announce the opening of the 121-suite Residence Inn by Marriott Panama City Beach Pier Park (“Residence Inn”). The hotel is located at 15900 Panama City Beach Parkway, Panama City Beach, FL 32413 in the popular Pier Park® shopping and entertainment district. Managed by InterMountain, the pet-friendly hotel features 121 studio, one-bedroom and two-bedroom guest suites with full kitchens, equipped with a full-sized refrigerator, stovetop, microwave, dishwasher and coffee maker. Complimentary amenities include...
The St. Joe Company and InterMountain Management Commence Construction of Residence Inn in Panama City Beach, Florida
The St. Joe Company | September 9, 2022
PANAMA CITY BEACH, Fla.--The St. Joe Company (NYSE: JOE) (“St. Joe”) and InterMountain Management, LLC (“InterMountain”) announced the commencement of construction on a new hotel in Panama City Beach, Florida. The parties have formed a joint venture to design, develop, construct and own a limited-service hotel to be located in the popular Pier Park shopping and entertainment district. The current plan calls for a 121-suite Residence Inn by Marriott to be managed by InterMountain. Residence Inn by Marriott suites have full kitchens, equipped with a full-sized refrigerator, stovetop, microwave, dishwasher and coffee maker. Plans call...
Owned and Managed by InterMountain Management, TownePlace Suites by Marriott Opens in El Paso, Texas
TownePlace Suites by Marriott | June 11, 2020
El Paso, TX – June 11, 2020 – The TownePlace Suites by Marriott El Paso East/I-10 has officially opened for business. The new 92-suite hotel is built for travelers looking for a simple and friendly place where they can settle-in, keep their routine, and easily connect to the El Paso area. Located at 11521 Gateway Boulevard W, it will operate as a Marriott franchise, owned and managed by InterMountain Management, LLC of Monroe, Louisiana. “We are excited with the continued growth of the TownePlace Suites brand in the El Paso area,” said Diane Mayer, Vice President and Global Brand Manager, TownePlace Suites at Marriott International...
The St. Joe Company and InterMountain Management Celebrate Groundbreaking for New TownePlace Suites Hotel in Panama City Beach, Florida
St. Joe | October 24, 2018
PANAMA CITY BEACH, Fla.—October 24, 2018—The St. Joe Company (NYSE: JOE) ("St. Joe") and InterMountain Management, LLC ("InterMountain") today announce the groundbreaking for a new TownePlace Suites hotel in Panama City Beach, Florida, will take place this week. This 124-room TownePlace Suites by Marriott will be located adjacent to Frank Brown Park and will include amenities such as a fitness center, pool, business center and more. TownePlace Suites' model offers an extended stay hotel with suites designed to provide everything travelers need to live life uninterrupted. St. Joe and InterMountain believe this hotel brand is ...
InterMountain Management Opens 335-Key Dual-Branded SpringHill Suites and TownePlace Suites in Orlando, Florida
SpringHill Suites by Marriott | October 9, 2018
Orlando, FL – October 9, 2018 – Marriott International, Inc. today announced that a combined 180-suite SpringHill Suites and 155-suite TownePlace Suites hotel in Orlando, Florida opens today. Located at 8040 Palm Parkway, the property will be managed by InterMountain Management, LLC of Monroe Louisiana. General Manager Clint Militzer and Director of Sales Nicole Belue lead the management team for InterMountain Management. The six-story property will share 3,767 square feet of meeting space, a fitness center, an onsite bar and grill, a beach-entry pool and splash pad, an arcade, a business center and a complimentary hot break...
Owned and Managed by InterMountain Management, TownePlace Suites by Marriott Opens in Lake Charles, Louisiana
TownePlace Suites by Marriott | June 13, 2017
Lake Charles, LA – June 13, 2017 – Get ready to be real and be you on long stays. Marriott International's (NASDAQ: MAR) TownePlace Suites by Marriott Lake Charles, Louisiana is scheduled to open for business today. On average, a TownePlace Suites opens every six days. Built for travelers looking for a simple and friendly place where they can settle-in, keep their routine, and easily connect to the Lake Charles area. The new TownePlace Suites Lake Charles located at 2985 L'Auberge Boulevard, continues to exemplify the brand's rapid growth. The new hotel will operate as a Marriott franchise, owned and managed by Inter...
General Manager John Sherman Welcomes Guests to New TownePlace Suites by Marriott Cranberry Township, Pennsylvania
TownePlace Suites by Marriott | March 15, 2017
Cranberry Township, PA – March 15, 2017 – Get ready to be real and be you on long stays. Marriott International's (NASDAQ: MAR) TownePlace Suites by Marriott Cranberry Township, Pennsylvania is scheduled to open for business today. On average, a TownePlace Suites opens every six days. Built for travelers looking for a simple and friendly place where they can settle-in, keep their routine, and easily connect to the Cranberry Township area. The new TownePlace Suites Pittsburgh Cranberry Township located at 2020 Cool Springs Drive, continues to exemplify the brand's rapid growth. The new hotel will operate as a Marriott fra...
