Desai Hotel Group continues to develop a dual-branded hotel in a Memphis suburb, weathering a setback when the project’s construction company filed for bankruptcy.
Sunny Desai is head of Desai Hotel Group of Jackson, Mississippi. He is developing a dual-branded Hilton Garden Inn and Home2 Suites as part of a $120 million mixed-used project in Germantown, Tennessee.
The $30 million hotel project came to a sudden halt in the fall when the general contractor, Omni Construction, ran into financial difficulties, reported the Commercial Appeal.
It was still early in the construction process, so Desai found Montgomery Martin Contractors, a local firm, to pick up the project. Desai hopes to open the hotels next year.
The five-story, 220-room dual brand will complement TraVure, a 10-acre mixed-use complex by local developer Ray Gill.
TraVure is part of Germantown’s 58-acre gateway, which has five areas the city has earmarked for denser, walkable developments.
The dual-brand Tru by Hilton Denver Airport Tower Road and Homewood Suites by Hilton Denver Airport Tower Road recently opened in Denver, Colorado. It is owned by DIA Yampa Street Development, LLC and managed by Baywood Hotels under CEO AI Patel.