Philadelphia’s Center City—the local name for the downtown business district—has seen a resurgence of branded hotels over the past year. Last autumn, Marriott International opened the Aloft Philadelphia Downtown in a repurposed bank. In May, Modus Hotels and Parkway Corporation began development on the Pod Philly, and the Buccini/Pollin Group opened the Renaissance Philadelphia Downtown Hotel in June.
Just days before the Renaissance opened its doors, Choice Hotels International celebrated the grand opening of the Cambria Hotel Philadelphia Downtown – Center City. The property is part of a long-term relationship between Choice CDO David Pepper and developer Jim Pearlstein, president of Pearl Properties, a local development company. “Both are Philadelphia natives and went to high school together,” Janis Cannon, SVP of upscale brands at Choice Hotels International, said of the two men.
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