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Cambria hotel opens in Waco, Texas

Kiran ‘Kenny’ Bhakta's KB Hotels is leading the property's development

Cambria hotel opens in Waco, Texas

Cambria Hotel Waco University Riverfront in Waco, Texas, owned by KB Hotels led by Kiran “Kenny” Bhakta as founder and CEO, is now open. It is the ninth Cambria Hotel in the southwest.

The new 4-story, 130-room property joins Cambria’s Austin Downtown, Austin Uptown, Austin Airport, Houston Downtown, McAllen, Plano, Richardson and Southlake, Choice said in a statement. KB Hotels, led by Kiran “Kenny” Bhakta, a hotel development company in central Texas, is spearheading the development of this hotel.


"With a rich history anchored by academia and agriculture, Texas is quickly becoming a hub for vacationers and business travelers alike," said Indy Adenaw, Choice’s senior vice president and general manager for upscale. "We look forward to expanding Cambria's unique offerings and top-notch amenities to even more guests in the Lone Star State with the opening of the new Cambria Hotel Waco University Riverfront."

Nearby attractions include the Texas Ranger Hall of Fame and Museum, the Martin Museum of Art, East Terrace Museum, the Cameron Park Zoo, Waco Escape Rooms and Baylor University. Hotel amenities include bathrooms with Bluetooth mirrors, a fitness center and indoor and outdoor spaces spanning 7,000 square feet for work or relaxation. The property in the upscale segment is linked to the Choice Privileges loyalty program, allowing members to earn and redeem points at over 7,000 hotels globally, spanning diverse brands across 46 countries and territories.

On Nov. 14, Choice reiterated its offer to buy Wyndham Hotels & Resorts, initially announced on Oct. 17, through a letter to Wyndham's board. Wyndham called the latest proposal a step backward and maintained its opposition.

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U.S. Hotel Construction Drops to 40-Quarter Low: CoStar

CoStar: U.S. hotel construction hits 40-quarter low

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  • U.S. hotel rooms under construction fell year over year for the ninth month, CoStar reported.
  • About 137,956 rooms were under construction in September, down 12.3 percent from 2024.
  • In September, 12,746 midscale and 4,559 economy rooms were under construction.

U.S. HOTEL ROOMS under construction fell year over year for the ninth consecutive month in September, reaching the lowest level in 40 quarters, according to CoStar. Still, more rooms are under construction now than after the Great Recession.

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