January 30, 2018
SpringHill Suites by Marriott Newark announced today that Scott Craver has been named General Manager and Stephanie Patterson, Director of Sales of the 132-Suite hotel, which is expected to open in May, 2018.
Craver will be directly responsible for managing the day-to-day operations of the hotel. While, Patterson will build client relationships and lead the sales program.
Most recently, Craver served as General Manager at the luxurious Royal Blues Hotel in Deerfield Beach, Florida. He previously worked for Meyer Jabara Hotels in Eastern Pennsylvania and chaired Discover Lehigh Valley, a tourism promotion agency. Ms. Patterson was most recently Sales Manager at the Westin Wilmington, leading and managing their corporate business travel portfolio. She is a native of Newport, Delaware.
“Scott and Stephanie are great additions to our team and bring years of diversified hospitality experience. We look forward to opening under their leadership soon!” said George Danneman, President of Danneman Hospitality.”
The new SpringHill Suites by Marriott will be the first of this brand in the Delaware market. The location, 402 Ogletown Road, is the gateway to downtown and the only brand name hotel located in downtown Newark. It is owned by Danneman Hospitality and managed by TKo Hospitality, a Harvey, Hanna & Associates, Inc. affiliate.
TKo Hospitality Management currently operates the Lighthouse Cove Resort and the Surf Club Hotel, both in Dewey Beach. The hotel’s groundbreaking was last July with a projected opening in May of this year.
“We are excited to be part of this new project in the growing Newark market, and to showcase the SpringHill Suites brand to guests visiting the University of Delaware, local attractions and area corporations,” stated Vince DiFonzo, TKo Management.
Designed for both business and leisure travelers, SpringHill Suites by Marriot Newark will offer suites 25% larger than typical hotel rooms. There will be separate living, working and sleeping spaces in order to provide guests with flexibility and functionality. The hotel offers comfortable beds, soft linens and plush pillows. Each suite also includes the SpringHill Suites’ custom, three-in-one West Elm sofa which converts from a sofa to a daybed to a trundle bed. There is also an ergonomically designed work area with complimentary Wifi.
Complimentary hot breakfast is included daily, featuring both healthful and indulgent items. In the evening, the lobby transforms into a lively nightspot as local craft beer and premium wines are available through the hotel’s full-service bar. A 24/7 Market is also available. The property also has one meeting room with 340 square feet for small groups.
“We are excited to work with Danneman Hospitality to bring the SpringHill Suites to Newark,” said COO and Partner Vince DiFonzo of TKo Hospitality. “I have personally worked in the Newark/Greater Wilmington market for over 20 years and have many relationships within the business community and look forward to introducing them to our new property. We expect the hotel to be a leader in the market with exceptional guest services and look forward to being a part of Main Street Newark and the University of Delaware community.”
May 5, 2015
There’s a new hospitality company in Delaware that is hoping to become a big player in the Mid-Atlantic region hotel industry. TKo Hospitality launched six months ago and is based in Newport, Delaware. The company will soon start development of five new hotels in Pennsylvania and Maryland.
Harvey Hanna & Associate’s co-founder, E. Thomas Harvey, has launched the hospitality company, TKo Hospitality, along with 2 former top-level executive employees of a Connecticut-based hospitality company, Meyer Jabara Hotels.
Kostas Kalogeropoulos and Vince DiFonzo, are more familiar with the hotel management side of the hotel industry and TKo Hospitality’s first venture was to take over the management of Lighthouse Cove from their former employer.
Harvey also heads Dewey Beach Enterprises (DBE), the development company of Lighthouse Cove which encompasses the Hyatt Place Hotel; penthouse and bayside residential condominiums; retail stores and restaurants; a future conference center; and an array of public amenities.
“The hotel industry is finally starting to pick back up and we think we’ve assembled a team that’s uniquely poised to take advantage of that growth,” Harvey said. “Our goal is to have 1,000 rooms in our portfolio by the end of 2016 with 50 to 100 percent more by the start of 2018.”
TKo Hospitality plans to take advantage of the hotel boom by offering a consolidation of services, such as guiding developers and hotel owners through the design stage, construction and eventual management of their hotels. The company has been stoking the fires in order to eventually work on projects closer to home.
“Right now, there are a couple of things we’re looking at in New Castle County and one in Cecil County,” said E. Thomas Harvey, the company’s chairman and co-founder. “We’ve got a lot of prospects we’re working on, but prospects are not deals.”
Currently the hospitality company is working on three hotels that will be adding 400 rooms in an undisclosed “resort community on Maryland’s Eastern Shore” and two hotels that will be adding 250 rooms to the Lehigh Valley region of Pennsylvania. They are also hoping to acquire third-party management contracts with other existing hotels in the area.
According to Amanda Hite, president and COO of STR inc., the hotel industry leading data provider, “ADR (Average Daily Rate) and RevPAR (Revenue per available room) for the year were the highest ever recorded by STR, and we expect more growth in 2015,” she added, noting that the company is forecasting a 5.2-percent increase in ADR and a 6.4-percent increase in RevPAR for the year.
The hotel industry has picked up in the past few years and there is a shortage of hotel rooms due to the stagnation of the recession. STR inc. data indicates that the number of hotels rooms nationwide grew at a rate of less than 1 percent last year, while demand rose 4.6 percent. The 2016 national occupancy rates are expected to reach a 30 year high.
If things continue in this fashion, TKo Hospitality may be entering the industry at the right time and the results could be quite beneficial for the new company.
“This is a consolidation industry and I like being a consolidator,” Harvey said. “Our goal is to see what we can amass and where that will take us. I think this is going to be a fun ride.”