Hampton Inn & Suites - Downtown Tulsa:
Invest in the highly sought-after “Hamptonality.” The brand’s unique, delightful internal culture and innovative products have made Hampton Inn & Suites the largest hotel franchise in the United States. Hampton Inn & Suites has been awarded Best Hotel Brand and Select Service by JD Power and Associates and additionally received the Franchise 500 Award from Entreprenuer Magazine three of the last four years, awarded to the number one franchise in any industry. And, as part of the Hilton Worldwide family of hotels, Hampton Inn & Suites offers access to the Hilton HHonors™ loyalty program, which promotes continued stays within the hotel network.
Tulsa, Oklahoma’s downtown area currently offers 1,300 hotel rooms, but due to dynamic growth of local businesses and tourism opportunities, can sustain up to 3,500 hotel rooms. Hampton Inn & Suites in downtown Tulsa will be the next hotel development to capitalize on the high demand to serve local business and entertainment customers at the crossroads of the Deco District, the BOK Center District, and the Brady Arts District. It will also be the closest hotel to the BOK Center – less than one block away – which ranked 29th in ticket sales in the United States and 60th worldwide in 2014.
The new Hampton Inn & Suites will be a nine-story, 125-room midscale select service hotel with a signature offering that includes a 100% Satisfaction Guarantee, the Clean and Fresh Hampton Bed®, complementary hot breakfast, and free high-speed Internet access along with an indoor pool, fitness center, meeting rooms, and board room.
Total development costs are $16.788 million and the hotel will create 148.41 new direct, indirect, and induced jobs. The developers seek a total of $6.0 million from 12 EB-5 investors.
The developers, Promise Hotels and Ross Group, have previously developed 17 hotel projects and completed more than $1.0 billion in construction projects.