MARRIOTT BRANDED HOTEL BREAKS THROUGH AKRONS SKYLINE

Testa Companies, Inc., one of the fastest growing privately owned construction companies in the US, teamed up with Concord Hospitality, a leading owner and operator of hotels in the US to announce today that construction of the 146-room Courtyard by Marriott hotel in downtown Akron, Ohio has begun “skyward.” As opposed to a traditional groundbreaking event, the “sky breaking” marks the start of hotel construction skyward 10 stories above the Northside mixed-use development located at 41 Furnace Street. The Courtyards innovative design will be the perfect complement to the Northside Loft development and Arts District.

The Northside Courtyard by Marriott in downtown Akron will feature the brand’s latest progressive room design that will provide travelers comfortable space for relaxation and functional zones and technology for work. The Courtyard’s custom lobby space is ideal for everything from pop-up meetings to social gatherings, and will include a twenty-two seat Home Movie Theater with the comforts of leather reclining seating to elevate their travel experience.

Akron city officials, community and business leaders, members of the tourism community and development partners will join for the unique “sky breaking” ceremony that marks the start of hotel construction.

“This project fulfills a long-standing need in the downtown area,” noted Akron Mayor Don Plusquellic. “I want to thank Paul and Joel Testa for bringing Akron’s first new hotel construction in the downtown area in over 40 years.”

Joel Testa, President of Testa Companies, states “We are excited to unveil a Courtyard by Marriott hotel like the market has never seen. Combining the upscale amenities from new and existing retailers at Northside Lofts, with the brand new Courtyard prototype will give guests the experience of a luxury full service hotel without the price tag.”

Mark Laport, President and CEO of Concord Hospitality adds, “The dynamics of an excellent location and the strength of the Courtyard by Marriott brand will make this hotel a market leader and a great addition to what Akron already has to offer. We have been interested in growing our portfolio of managed hotels in the Akron market for some time, and this is certainly the right project with the right partners to make a difference in the Akron community.”

About Testa Companies
Since 1967 Testa Companies has been a leader in development, construction, real estate and property management throughout northeast Ohio. Now in its second generation, Testa has expanded nationally with focuses on healthcare, mixed-use, senior and special needs developments. As a 4 time builder of the year and being listed twice as an Inc Magazine fastest growing companies in the US, Testa continues to raise the bar for design build development.

About Concord Hospitality
Concord Hospitality Enterprises Company, an award-winning hotel management and development company based in Raleigh, N.C., owns and-or manages more than 90 hotels comprised of more than 13,000 guest rooms in 21 states and 2 Canadian provinces. The company operates hotels and resorts under leading brand affiliations including Choice Hotels, Hilton, Hyatt, InterContinental Hotels Group, Marriott and Starwood, as well as select independent boutique hotels. Concord properties are some of the most awarded hotels in the country, having won nearly 100 top honors in the past two years alone.