Raines, a number one hospitality administration, growth, and funding group, has added Fairfield Inn & Suites Whitsett Greensboro East in Whitsett, NC, to its administration portfolio. That is the third lodge that Raines is managing for Wilmington, NC-based developer Clarendon Properties.
Positioned alongside I-40/I-85 at 3020 Hendren Rd, Whitsett, NC 27377, Fairfield Inn & Suites Whitsett Greensboro East offers easy accessibility to main North Carolina cities reminiscent of Greensboro, Burlington, and Durham. Close by sights like Elon College, regional sports activities tournaments, and Lake Waterproof coat entice leisure vacationers. The realm additionally has a big industrial base, driving enterprise demand. Native employers embrace Honda, Lenovo, Pratt Industries, and the Alamance Regional Medical Heart.
The 102-key Fairfield Inn & Suites Whitsett Greensboro East options facilities reminiscent of free Wi-Fi, free espresso and tea, an indoor pool, health middle, comfort retailer and dry-cleaning service. There’s a group assembly area that may accommodate as much as 30 individuals. The foyer bar options small plate eating and craft cocktails.
The addition of Fairfield Inn & Suites Whitsett Greensboro East to the Raines portfolio additional solidifies our presence within the Southeast and positions us to capitalize on the area’s demand for each enterprise and leisure journey. We’re additionally thrilled to proceed to construct our relationship with Clarendon Properties, including yet one more of their lodges to our administration portfolio. They’re distinctive companions on this trade, and I stay up for seeing what we’re capable of accomplish along with this property. Gray Raines, managing associate of Raines
As 2024 involves an in depth, Raines appears again on a landmark 12 months, having added greater than 20 properties to its administration portfolio, together with 16 lodges in a pivotal partnership with Atlantic Accommodations Group. The corporate’s continued concentrate on sustainable, holistic development, has additional solidified its place as a pacesetter within the evolving hospitality sector.
About Raines
Raines is among the main hospitality administration, growth, and funding organizations providing a complete strategy to its spectacular property portfolio and shopper base. Led by managing companions, Gray Raines and David Tart, the award-winning firm is thought for its operational expertise, success with historic properties, and experience with the world’s main manufacturers, reminiscent of Hilton, Marriott, Hyatt, Alternative, IHG and Wyndham. That includes a wide range of properties, together with notable boutique lodges, The Foundry Lodge in Asheville, NC and Lodge Florence in Florence, SC, Raines at the moment has 49 lodges and 5,204 keys all through the Southeast. Throughout the Raines group, a wide range of specialty divisions supply curated and strategic programming, together with Woven, a boutique lodge sector, and Array, which makes a speciality of business actual property and workplace properties. Raines is headquartered in Florence, SC, with a secondary regional workplace in Charleston, SC.