Hospitality group buys Colony Inn.The 86-room Colony Inn located on the campus of Yale University Yale University, at New Haven, Conn.; coeducational. Chartered as a collegiate school for men in 1701 largely as a result of the efforts of James Pierpont, it opened at Killingworth (now Clinton) in 1702, moved (1707) to Saybrook (now Old Saybrook), and in 1716 was here has been acquired by Hospitality 3, hotel development specialists with offices in Washington, Conn. and Manhattan. The company has temporarily closed the 46-year-old facility to permit a comprehensive renovation and expansion that will transform it into a 126-room, upscale boutique hotel Boutique hotel is a term originating in North America to describe intimate, usually luxurious or quirky hotel environments. Boutique hotels differentiate themselves from larger chain/branded hotels and motels by providing personalized level accommodation and services / facilities. . Upon reopening Reopening Treasury offerings of additional amounts of outstanding issues, rather than an entirely new issue. A reopened issue will always have the same maturity date, CUSIP number, and interest rate as the original issue. in the Fall of 2007 with a new name and identity, the hotel will include two additional floors, a redesigned exterior facade facade (fəsäd`), exterior face or wall of a building. The term implies ordered placement of its openings and other features and thus seems inapplicable to a wall without design. and completely re-styled amenities on the first floor. Kuwabara Payne McKenna Blumberg Architects of Toronto will serve as project architect and interior designers for the project. "The Colony Inn occupies a strategic location in the heart of Yale's Arts Campus, convenient to great restaurants, boutique Boutique A small investment firm specializing in offering specific, but limited services to a select number of individuals. Notes: These investment firms are the alternatives to large financial supermarkets. They provide a highly personalized environment for investing. shops, museums and theater," notes Paul T. McGowan, Hospitality 3's principal. "We see a critical need for more convenient upscale lodging accommodations for guests and visiting dignitaries, as well as first-class business space. The new, expanded and upgraded hotel will go a long way toward meeting this demand, and will also reflect the continued investment in New Haven New Haven, city (1990 pop. 130,474), New Haven co., S Conn., a port of entry where the Quinnipiac and other small rivers enter Long Island Sound; inc. 1784. Firearms and ammunition, clocks and watches, tools, rubber and paper products, and textiles are among the many which has emerged as a thriving marketplace poised for sustained growth." The hotel's new rooms and suites will be equipped with state-of-the-art technology and amenities. Aside from the two new floors of guest rooms, the plans call for a new full-service restaurant that will offer a private dining area for small business dinners and special occasions and updated spaces for meetings and banquets. Hospitality 3's management team has more than 50 years of combined experience in the design, planning and execution of hospitality development. |
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