hospitality – NC Business Desk

Development & Infrastructure

Wilmington Holiday Inn Express sells for $12.95 million

WILMINGTON — A 109-room Holiday Inn Express & Suites on Medical Center Drive sold for $12.95 million in a completed ownership transfer.

September 18, 2026

Companies & People

Former Sheraton Raleigh owner files Chapter 11 after $27.75M sale

RALEIGH - Raleigh Hotel XXIX Owner LLC, the former owner of the Sheraton Raleigh, filed for Chapter 11 bankruptcy months after selling the downtown property for $27.75 million.

September 16, 2026

Development & Infrastructure

W Charlotte hotel to anchor 400 South Tryon conversion

CHARLOTTE - W Hotels will anchor the planned conversion of 400 South Tryon into a mixed-use destination with a 200-key hotel and 399 apartments, according to developer Spandrel…

September 14, 2026

Companies & People

Parks Hospitality doubles Raleigh headquarters space, plans 60 hires

RALEIGH - Parks Hospitality Group has doubled its North Hills headquarters space and plans to add 60 employees companywide in 2027 as new hotels open.

September 3, 2026

Companies & People

Two sister restaurant concepts plan spring 2027 Durham opening

DURHAM - Chefs Alex Catotti and Erin Kobler plan to open two sister restaurant concepts at 949 Washington Street in spring 2027.

September 2, 2026

Companies & People

Fogo de Chão opens first North Carolina restaurant in Charlotte

CHARLOTTE - Fogo de Chão opened its first North Carolina restaurant in Uptown Charlotte, a 220-seat location expected to provide more than 100 local jobs.

September 1, 2026

Tag: hospitality

Wilmington Holiday Inn Express sells for $12.95 million

Former Sheraton Raleigh owner files Chapter 11 after $27.75M sale

W Charlotte hotel to anchor 400 South Tryon conversion

Parks Hospitality doubles Raleigh headquarters space, plans 60 hires

Two sister restaurant concepts plan spring 2027 Durham opening

Fogo de Chão opens first North Carolina restaurant in Charlotte