Fayth Hospitality Group hopes to begin construction in June of 2019 on a six-story complex that will include two Hilton-brand hotels, a 75-room Hampton Inn and a 123-room extended-stay Home2. The hotels would be located directly east of Cathedral Square at Stone Avenue and Ochoa Street. The Rio  Nuevo Board unanimously voted to proceed with a 25-year GPLET lease and a rebate of incremental site-specific sales taxes, with a not-to-exceed cap of $7.5 million. The group plans on opening the hotels by the end of 2020.
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