Hotels, Hotels, Hotels and Hotels!
A decade ago downtown had one hotel. When the Hampton Inn opens in Bricktown later this year, we’ll have seven. Add to that the Holiday Inn Express that will be built at Oklahoma and Main and you have eight. And oh, by the way, for those of you who have seen my mentions of more hotels lining up, yep, the Candlewood Inn announced today is one I’ve been tracking, and yeah, that makes the count nine.
Here’s the betting line on what’s still in the works, based on various players I’ve talked to:
Odds of No. 10: 90 percent.
Odds of No. 11: 75 percent.
Odds of No. 12: 60 percent.
Odds of No. 13: 50 percent.
Odds of No 14: 10 percent.
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Comments
What time period are those odds based around?
Would any of those be a new convention hotel tied to MAPS 3?
Might any of those be tied in with the Devon project?
All hotels are game changers at this point, we’re reaching for as much as we can chew.
Thanks for clarifying on whether or not any of these you’ve given probabilities for are tied to the upcoming convention center project.
That’s very interesting, thanks Steve. I have a friend that works for RH and I know they have an option on a piece of property on the canal that they’re considering building a hotel project on.
When you say they aren’t really game changers, do you mean they aren’t really top shelf names i.e Hyatt, Westin, etc.?
Well, really I guess it all depends on your view of the world. Do you believe a Holiday Inn Express or Hampton Inn or a Candlewood Inn, all hotels with 150 rooms or less, and limited service, helps move downtown OKC to a tier 2 status in light of the current room count? Or does OKC need higher end conference brands with room counts of 600 or more to continue moving forward?
I definetly feel they need the higher end conference brands. I’m also a little surprised The Gaylord hasn’t pursued a conference hotel, being local and all. Maybe when the Sonics locate here, a conference hotel will be in the works, but I would think whatever brand is looking to build, they would want to be up and running by the time the Sonics do get here.
Oh please. The Gaylords only make their money here. They invest it in Nashville, Dallas, and Colorado Springs.
I kind of hope that these particular hotels don’t get a prime riverside spot. I’d love to see a 5-star resort hotel on the river, maybe even with its own boathouse.
Jason, don’t forget who Clay Bennett is married to. He just made a MAJOR investment for OKC, when he bought the Sonics.
Don’t forget who Clay Bennett is married to. He just made a MAJOR investment in and for OKC, when he bought the Sonics.
Don’t forget who Clay Bennett is married to. I would say he made a MAJOR investment in and for OKC, when he bought the Sonics.
You’re such a tease.