Hilton to Develop Home2 Suites in Woodbridge

WOODBRIDGE, VA-Hilton Worldwide is planning to build a second hotel for its Home2 Suite brand here. The hotel will be located near the Potomac Mills outlet mall, according to a news story in the Washington Business Journal . Delivery is expected in early 2012. Home2 Suites did not return a call to GlobeSt.com in time for publication.

The hotel will be a four-story, 125-suite building. The brand, which Hilton launched last year, will also open hotels in Stafford, VA; Norfolk, VA; White Marsh, MD; Baltimore and Lexington Park, MD; according to the article. By the end of 2013, Hilton plans to have 100 Home2 Suites in operation.

New development for hotels is rare event now, especially when a hotel can be acquired at below replacement costs, observed David P. Fuller, principal with HVS Consulting, tells GlobeSt.com. “I am a little surprised they are building – it could be that they see a niche in the submarket that hasn’t been filed yet.”