stratus development partners, llc
Stratus Development Partners, LLC Signs Multi-Unit Agreement with Choice to Develop Five New Cambria Properties
Cambria Hotels | June 4, 2018
ROCKVILLE, Md., June 4, 2018 -- Choice Hotels International, Inc. (NYSE: CHH), franchisor of the Cambria Hotels brand, entered into a multi-unit agreement with Stratus Development Partners, LLC to develop five Cambria properties, beginning with a 180-room new construction hotel in Santa Clara, Calif. "The Cambria Hotels brand is experiencing tremendous success and our strategy centered on multi-unit development is accelerating the brand's growth," said Mark Shalala, vice president, development, upscale brands, Choice Hotels. "Choice Hotels is currently collaborating with Stratus Development Partners on three Cambria h...