Scarlett Resort Group (SHG) announced right now that the business has procured the former Wyndham San Antonio River Stroll, positioned at 111 East Pecan Avenue in San Antonio, as aspect of a joint venture with Trailbreak Companions. The new owners have closed the house to start out applying programs for a $50 million overhaul of the resort which will be reworked to a luxury, whole-provider, four-star, 390-place InterContinental hotel in early 2023.
Wyndham San Antonio River Wander Resort



Scarlett Resort Team (SHG) introduced nowadays that the enterprise has ordered the former Wyndham San Antonio River Wander, positioned at 111 East Pecan Street in San Antonio, as aspect of a joint enterprise with Trailbreak Partners. The new entrepreneurs have shut the assets to start out implementing designs for a $50 million overhaul of the resort which will be remodeled to a luxury, total-company, four-star, 390-space InterContinental hotel in early 2023.
“Turning this property into a luxury resort is an awesome possibility for us to lead to the town of San Antonio,” stated Zio Pekovic, principal and co-founder of SHG. “San Antonio has been ranked within just the leading three metropolitan areas for conferences for a lot of several years,[i] and we are proud to bring a luxury resort brand name like InterContinental into the central organization district, minutes from the Henry B. González Convention Heart.” Jordan Scharg, principal at Trailbreak Partners agreed. “San Antonio carries on to be a primary town for conferences. Meeting and conference planners searching at convention locations for 2023 and past will have a model new, substantial-close lodging choice in San Antonio ideal on the River Wander.”
“The InterContinental brand is acknowledged by travelers around the earth for unparalleled luxury, sophistication and exceptional, personalised service and we are fired up to husband or wife with SHG and Trailbreak Partners to bring the brand name to the San Antonio’s landmark River Wander,” explained Julienne Smith, senior vice president of development, Americas, IHG.
Hotel Track record and Long run Plans
Situated on the coveted San Antonio River Wander in the coronary heart of downtown, the hotel originally opened as an business building in 1958. The 21-tale structure sits adjacent to the Weston Centre, and includes a rooftop pool with downtown views as very well as immediate obtain to the River Wander and river taxi landing area.
The $50 million renovation will contain 40,000 sq. ft of meeting place, enhanced foodstuff and beverage options, practically 3,000 square feet of dining/restaurant house, and luxurious rooftop facilities. The new hotel will be the only InterContinental hotel in San Antonio, catering to the city’s potent conference and company vacation industry, as perfectly as growing its presence in the superior-conclude leisure industry.
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