Wednesday, May 30, 2012

More Lodging To Break Ground --- Radisson Hotel, Country Inn and Suites; Update on Crowne Point Lodge

Minnesota-based Complete Hospitality Management, link here:
  • working with Granite Peak Development to build a 160-room Radisson Hotel at Sand Creek Town Centre
  • working with Granite Peak Development to build a 240-room Country Inn and Suites at the Bakken Industrial Park; will include a restaurant specializing in buffalo wings
  • partnering with Annabelle Homes in Tioga to manage the 240-room Crowne Point Lodge and Suites; Annabelle will break ground June 1; 38 rooms will be left open for tourists;
  • considering locations at 13-mile corner north of Williston and in Ray
Lodging investments are being paid off in about 32 months instead of the industry norm of six to 15 years.