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TownePlace opens in San Antonio, Texas

It is owned by Satesh Limited led by Sunil Wadhwani

The TownePlace Suites by Marriott San Antonio Northwest at The RIM in San Antonio, Texas, opens on Aug. 17. It is owned and managed by Satesh Limited, led by Sunil Wadhwani, president.

The 109-suite hotel is 15 miles from San Antonio International Airport and 20 minutes from downtown San Antonio. Nearby attractions include Six Flags Fiesta Texas, The Shops at La Cantera and the University of Texas San Antonio.


Hotel amenities include an outdoor swimming pool, a fitness center and a meeting room. The hotel is pet-friendly.

Last week, Champion Hotels Group, led by founder Champak “Champ” Patel, and Jain Hotels led by CEO Jayesh Jain, opened the GLō Tulsa East Route 66.

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

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

Summary:

  • 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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