Revitalizing a Timeless Neighborhood This dual-branded hotel complex opened in 2013, bringing the Marriott flag to the heart of downtown Syracuse’s historic Armory Square district, home to a nationally recognized urban revitalization initiative. The $30-million project was the first new build hotel in the city center in more than five decades, and is Syracuse’s largest non-office building construction of the past 25 years.
    • The 102-room Courtyard by Marriott and 78-room Residence Inn were constructed under one roof and share a pool, allowing the hotels to maximize efficiencies and offer more services to accommodate both extended-stay and transient guests.
    • With this project, New Castle established itself firmly at the forefront of the emerging trend of dual-branded properties. The dual-branding model maximizes investment returns for owners and caters to a broader range of customer preferences.
    • The Courtyard and Residence Inn quickly became the market leaders and stabilized in their first year of operations, exceeding their pro forma expectations.