A local development company is on a tear, continuing to expand investments in hotel and hospitality projects across the region.
Harvey, Hanna & Associates, Inc. and their affiliate TKo Hospitality recently announced a new series of projects from Newark to Chadds Ford to Ocean City, MD, making them one of the fastest growing hospitality management firms in the Mid-Atlantic area. In 2018, TKo will introduce 8 additional properties to their expanding portfolio. These hotels join other TKo Management projects including Hyatt Place Hotel at Lighthouse Cove and The Surf Club Hotel both located in Dewey Beach, Delaware.
New projects include:
- Ocean City, MD – The Monte Carlo Hotel Group
These properties include the Hotel Monte Carlo, Monte Carlo Oceanfront, The Monte Carlo Suites and White Marlin Inn. All properties are located either directly on or within one block of the famous Ocean City Boardwalk.
- Ocean City, MD – New Hyatt Place Ocean City Ocean Front (New Development)
The 105-room Hyatt Place Ocean City Oceanfront is schedule to open spring 2018.
- Newark, DE – New Springhill Suites Newark Downtown (New Development)
The 132-room hotel is scheduled to open spring 2018.
- Kutztown, PA – New Hampton Inn & Suites in Kutztown, PA (New Development)
The 100-room hotel is in pre-development and expected to break ground in spring 2018
- Chadds Ford, PA – Pre-Development Stage of a proposed 93 room Fairfield Inn & Suites (New Development)
TKo Hospitality is led by a partnership team of E. Thomas Harvey, III (Chairman), Kostas Kalogeropoulos (CEO) and Vince DiFonzo (President and Chief Operating Officer).
“We are excited about these projects and the opportunity to offer our management philosophy to these fantastic properties,” said Vince DiFonzo, President and COO for TKo. “We are small enough to offer personalized service which allows us to be engaged and individually focused in every property we operate while large enough to deliver strong results.