Lend Lease Public partnerships will be breaking ground on a new Candlewood Suites to be built at Fort Hood on Thursday. The hotel’s construction is a part an ongoing progam called Privatization of Army Lodging, or PAL, which aims to modernize and save money at Army hotel facilities.
“Lend Lease and IHG (InterContinental Hotels Group) understand and appreciate the Army’s ongoing mission to elevate the quality of the lodging experience for its official travelers. The knowledge and expertise of these two industry leaders is key to the success of this initiative,” said Rhonda Hayes, chief of the Capital Ventures Directorate of the Office of the Deputy Assistant Secretary of the Army, Installations, Housing & Partnerships. “We have structured the PAL program to not only address our current needs, but to ensure the long-term sustainment of the program for more than 50 years. After fees are paid to our partners for their involvement, all profits are reinvested back into the project. It’s a win-win solution, setting a new precedent for military hotels.”
The groundbreaking will take place at 10 a.m on 761st Tank Destroyer Boulevard adjacent to Phantom Warrior Center.
Contact Mason Lerner at firstname.lastname@example.org or (254) 501-7567