LOOKING FORWARD TO 2015 – THE HOSPITALITY INDUSTRY
Asheville’s hospitality and tourism industries continue to thrive, and we are thrilled to be a part of it. The year 2014 brought significant growth in the hospitality industry, and we expect 2015 to continue on that same trajectory.
We expect that the food and beverage industry will continue to flourish, and we are already looking forward to the addition of a new barbeque restaurant in West Asheville (link) and a new sushi restaurant in the River Arts District (link), among other restaurant concepts that have already been announced. But the biggest new development for Asheville’s hospitality and tourism industry for 2015 will be the addition numerous new hotels.
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The planning and construction is underway to add hundreds of hotel rooms to accommodate the steady stream of travelers to the city that Dungan, Kilbourne & Stahl, PA, and its attorneys are honored to call home. The projects already underway include a Hyatt Place on the corner of Haywood Street and Montford Avenue. While additional projects have been announced for a Hilton Garden Inn on the corner of College and Charlotte Streets (link), a Cambria Suites (link) on the corner of Battery Park and Page Avenues, the Village Hotel on Biltmore Estate, a Country Inn & Suites (link) hotel at Westgate, a new Holiday Inn (link) planned near Biltmore Village, and Towne Place Suites (link) just outside of downtown on Elm Street.
In addition, plans are in place to renovate the existing BB&T building and its parking deck to to create two new hotels, an AC Hotel by Marriott and a separate boutique hotel (link). The demolition of the parking deck is already well underway.
As Asheville continues to experience the development and growth of new and existing businesses, Dungan, Kilbourne & Stahl, P.A.’s attorneys are able to provide our hospitality clients with a full range of services to meet all of their legal needs. To speak with one of our hospitality attorneys, please contact us.