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Roanoke: misc. developments

Posted: 29 May 2019 02:14
by itsjrd1964
Peabody Hotel with its famous ducks coming to Roanoke in Denton County

A Memphis company is bringing a Peabody to Roanoke, with 300 rooms, 2 restaurants, a spa, and a flock of ducks included in the hotel lobby's fountain. The article didn't specify exact location (although it said near Texas Motor Speedway), nor construction/opening timeline.

https://www.dallasnews.com/business/rea ... ton-county

Re: Roanoke: misc. developments

Posted: 29 May 2019 17:12
by NdoorTX
Image

Re: Roanoke: misc. developments

Posted: 30 May 2019 02:52
by itsjrd1964

Re: Roanoke: misc. developments

Posted: 20 Jun 2020 12:06
by rasec33

Re: Roanoke: misc. developments

Posted: 21 Jun 2020 13:04
by Tnexster
Roanoke certainly seeing dramatic change.

Re: Roanoke: misc. developments

Posted: 13 Jan 2021 11:48
by CTroyMathis
Just a follow-up. The Peabody Hotel project still hasn't started.
Article from late last September: https://communityimpact.com/dallas-fort ... l-project/

Re: Roanoke: misc. developments

Posted: 13 Jan 2021 14:55
by itsjrd1964
CTroyMathis wrote:Just a follow-up. The Peabody Hotel project still hasn't started.
Article from late last September: https://communityimpact.com/dallas-fort ... l-project/


I wondered. I've always thought this project was just a *little* ambitious for a place the size of Roanoke. If the analysts are even somewhat right regarding travel, a new hotel the size and scope of this one would take a while to realize its occupancy/ADR forecasts, much less make back its construction costs in room/F&B revenue.