Opening of San Antonio luxury hotel delayed due to rising costs
The grand opening of San Antonio’s newest luxury hotel has been delayed by several months as the developer grapples with high labor costs, inflation and project expansions, according to the Express-News. Work on the new InterContinental Hotel San Antonio first began in 2021 after Scarlett Hotel Group IHG Hotels and Resorts bought the former Wyndham San Antonio Riverwalk at 111 E. Pecan Street for an undisclosed price. The property, slated to feature 391 rooms and 40,000 square feet of meeting space, was initially set to open early this year.
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