Work is getting going on a new Hilton timeshare on Myrtle Beach’s oceanfront, but two hotel projects that had been in the works are on hold.
Construction did not start as planned this fall on the $25 million Homewood Suites Oceanfront Resort & Conference Center, a planned 14-story tower to be built beside, and share amenities with, the Hampton Inn & Suites Oceanfront at 1805 S. Ocean Blvd. in Myrtle Beach. It was aiming to open in December 2014.
A second tower, a Residence Inn-Spring Hill Suites Oceanfront Resort, was planned to go up in the vacant lot just north of Second Avenue Pier. That 150-room property had been scheduled to open in summer 2015.
It’s unclear why the projects are on hold. Sonship Hospitality, which developed the Hampton Inn on the Oceanfront, was building both of the new hotels. President Buddy Lindsay didn’t elaborate on why the projects aren’t moving forward or when construction might begin.
“Both projects are on hold for now,” he said.
The Homewood Suites would have been the first new hotel to be built on Myrtle Beach’s oceanfront since 2009, when the south tower of the Hampton Inn opened.
The beach hasn’t seen any new hotels for four years as the market tried to correct from the overbuilding of lodging units during the height of the real estate boom.
Lindsay has said that the demand for the additional hotel rooms in Myrtle Beach is there, adding that the Hampton Inn had to turn away 28,000 potential guests each of the past two years because the hotel was already booked.
Work started on the Hilton Grand Vacations Club timeshare tower last month on the oceanfront near 22nd Avenue North. The 24-story, 220-room tower is expected to open in May 2015.
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