Latest news with #extendedStay

Hospitality Net
29-05-2025
- Business
- Hospitality Net
Everhome Suites Continues To Grow Its National Footprint With Nine New Openings And Groundbreakings Across Texas, Arizona, Oregon, And Ohio
Everhome Suites, the midscale extended stay brand from Choice Hotels International, Inc. (NYSE: CHH), continues to grow its nationwide footprint with the opening of six new properties, and three ground breakings in Texas, Oregon, and Ohio. The brand's growing traction across Texas, coupled with the addition of the Salem, Oregon and Yuma, Arizona locations, highlights Everhome Suites' continued success meeting demand for purpose-built, extended stay accommodations across the U.S. Choice Hotels now has 14 Everhome Suites open, 19 under construction and more than 60 in the pipeline. The brand is on track to have nearly 25 hotels open by the end of the year. From Texas and Arizona, to Oregon and Ohio, we're seeing strong developer interest in Everhome Suites and consistent demand for midscale extended stay accommodations. Our latest openings reflect our commitment to delivering long-term value for franchisees while giving guests more options in fast-growing, strategically located markets. Ron Burgett, Senior Vice President, Extended Stay Development, Choice Hotels The newly opened and under-construction hotels—were developed with longtime collaborators of Choice Hotels, Highside Companies. We continue to see strong demand and resilience, coupled with limited new supply in the extended stay landscape. Launching these new Everhome Suites properties, a brand that provides a refined and favorable operating model, while exceeding guests expectations, demonstrates Highside Companies' continued dedication to extended stay hospitality, as well as our ongoing strategic collaborations with Choice Hotels. Justin Roberts, CEO of Highside Companies The hotel details are as follows: Texas Everhome Suites Bastrop , TX opened in February 2025. Located at 630 Agnes Street, the 114-room property is situated near natural attractions such as Lake Bastrop and McKinney Roughs Nature Park, and benefits from proximity to high-profile employers including SpaceX, Starlink, and The Boring Company. The hotel also sees traffic from events at the Circuit of the Americas and the Bastrop Convention Center. , opened in February 2025. Located at 630 Agnes Street, the 114-room property is situated near natural attractions such as Lake Bastrop and McKinney Roughs Nature Park, and benefits from proximity to high-profile employers including SpaceX, Starlink, and The Boring Company. The hotel also sees traffic from events at the Circuit of the Americas and the Bastrop Convention Center. Everhome Suites Waco , TX opened in March 2025. Located at 4301 S Jack Kultgen Expressway, this 122-room hotel caters to a diverse demand base, including travelers connected to Baylor University, leading regional hospitals such as Baylor Scott & White Medical Center, Ascension Providence, and Baylor Scott & White McLane Children's Medical Center, as well as a variety of manufacturers and development facilities such as AbbVie, Space X, L3Harris, and Mars Wrigley. The property's central location between Austin and Dallas makes it a key link in Texas's high-traffic corridor. , opened in March 2025. Located at 4301 S Jack Kultgen Expressway, this 122-room hotel caters to a diverse demand base, including travelers connected to Baylor University, leading regional hospitals such as Baylor Scott & White Medical Center, Ascension Providence, and Baylor Scott & White McLane Children's Medical Center, as well as a variety of manufacturers and development facilities such as AbbVie, Space X, L3Harris, and Mars Wrigley. The property's central location between Austin and Dallas makes it a key link in Texas's high-traffic corridor. Everhome Suites Brownsville , TX opened in April 2025. Located at 3215 Galeno Crossing, the 122-room hotel is positioned to support the booming economic activity at the Port of Brownsville, the nearby $16 billion LNG terminal project, and SpaceX's Starbase, the largest private employer in the area. The property is also near the region's leading healthcare facilities such as Valley Regional Medical Center, Valley Baptist Medical Center, and Brownsville Community Health Center, as well as South Padre Island, a popular beach destination. . opened in April 2025. Located at 3215 Galeno Crossing, the 122-room hotel is positioned to support the booming economic activity at the Port of Brownsville, the nearby $16 billion LNG terminal project, and SpaceX's Starbase, the largest private employer in the area. The property is also near the region's leading healthcare facilities such as Valley Regional Medical Center, Valley Baptist Medical Center, and Brownsville Community Health Center, as well as South Padre Island, a popular beach destination. . Everhome Suites El Paso , TX opened in April 2025. Located at 10740 Montana Ave, this 122-room hotel is ideally positioned to serve business and military travelers with nearby access to Fort Bliss, White Sands Missile Range, and major defense contractors like Raytheon, Honeywell, and BAE Systems. The property also serves healthcare and education professionals and travelers with its proximity to Del Sol Medical Center, University Medical Center, William Beaumont Medical Center, and Texas Tech University Health Sciences Center. opened in April 2025. Located at 10740 Montana Ave, this 122-room hotel is ideally positioned to serve business and military travelers with nearby access to Fort Bliss, White Sands Missile Range, and major defense contractors like Raytheon, Honeywell, and BAE Systems. The property also serves healthcare and education professionals and travelers with its proximity to Del Sol Medical Center, University Medical Center, William Beaumont Medical Center, and Texas Tech University Health Sciences Center. Everhome Suites Amarillo, TX will open June 2025. Located at 11 Care Circle, the 114-room hotel will service the regional medical hub — with more than 1,000 hospital beds within a half-mile radius of the property, at Baptist St. Anthony, Northwest Texas Healthcare, Amarillo Veteran Affairs Healthcare and Vibra Hospital of Amarillo. The hotel will also serve educational facilities such as Texas Tech Health Sciences Center and School of Veterinary Medicine, and various agricultural and livestock manufacturing facilities such as Tyson Foods. will open June 2025. Located at 11 Care Circle, the 114-room hotel will service the regional medical hub — with more than 1,000 hospital beds within a half-mile radius of the property, at Baptist St. Anthony, Northwest Texas Healthcare, Amarillo Veteran Affairs Healthcare and Vibra Hospital of Amarillo. The hotel will also serve educational facilities such as Texas Tech Health Sciences Center and School of Veterinary Medicine, and various agricultural and livestock manufacturing facilities such as Tyson Foods. Everhome Suites Georgetown, TX broke ground in March 2025 and is scheduled to open in September 2026. Located at 301 N Interstate Highway 35, this 115-room hotel is strategically situated to serve the rapidly expanding Austin metro. Surrounded by leading employers in the microchip, EV, and AI sectors—including Samsung, and ZT Systems—the property will also benefit from proximity to Southwestern University, Texas State University – Round Rock, and top medical facilities undergoing multimillion-dollar expansions. Arizona Everhome Suites Yuma, AZ will open July 2025. Located at 2011 E 18th St., the 122-room property is positioned to support military travelers with nearby access to MCAS Yuma, the largest Marine Corps aviation installation in the world. Additionally, the property will serve medical travelers with its proximity to Yuma Regional Medical Center, and various other business-focused guests as a result of the San Luis Port of Entry and various agricultural support facilities. The property will also benefit from a significant influx of seasonal tourism during the winter months. Oregon Everhome Suites Salem, OR broke ground in April 2025 and is slated to open in the third quarter of 2026. Located at 4370 Commercial St SE, this 114-room hotel expands the brand's presence into the Pacific Northwest, offering convenient access to local healthcare institutions such as Salem Hospital, and state agencies including the Oregan Department of Administrative Services, Oregon Health Authority, and Oregon Department of Human Services. Salem also has popular spots for outdoor recreation like Minto-Brown Island Park, Bush's Pasture Park, and the Ankeny National Wildlife Refuge. Its central location is designed to serve travelers connected to Oregon's capital city, whether for business, government, or extended family visits. Ohio Everhome Suites Dayton, OH will break ground June 2025 and is scheduled to open in the first quarter of 2027. Located at 7030 Miller Lane, the 114-room hotel is strategically positioned just off the I-75 and I-70 interchange—one of the region's busiest travel hubs. The property is well suited to serve highway travelers, military personnel, healthcare professionals, and corporate travelers with convenient access to the Dayton International airport, Wright-Patterson Air Force Base, Dayton Children's Hospital, and Emerson Climate technologies. Everhome Suites provides all the comforts of home with fully equipped kitchens, spa-style bathrooms, spacious closets, premium one-bedroom suites with in-room washer and dryer, locally inspired touches, weekly housekeeping, free WiFi, pet-friendly options, multipurpose lobby, outdoor amenities like barbeque grills and firepits, tech-enabled Homebase Market, 24/7 fitness center with Peloton bikes, and guest laundry facilities. Choice Hotels offers dedicated tools and resources for the extended stay segment, including for developers, the Choice Maps platform, which uses AI to identify high-demand markets. Also provided are specialized sales, revenue management, marketing, and operational support including the choiceEDGE reservation platform and choiceADVANTAGE, the property management system that helps manage room rates, distribution channels, and inventory effectively.

Hospitality Net
29-05-2025
- Business
- Hospitality Net
Noble Investment Group Acquires Sixteen WoodSpring Suites Hotels
Noble Investment Group ('Noble') today announced the acquisition of sixteen WoodSpring Suites long-term extended stay properties through two portfolio transactions. These investments continue to advance the firm's institutional platform focused on branded long-term accommodations—an asset class at the convergence of hospitality, mobility, and America's accelerating demand for flexible, cost-efficient living solutions. 'As affordability challenges and workforce mobility reshape how people live, work, and stay, we're scaling a high-margin, service-light platform that delivers brand-backed reliability without the burden of traditional leases,' said Ben Brunt, Noble's Managing Principal and Chief Investment Officer. Purpose-built for today's evolving economy, Noble's platform leverages operational scale, brand trust, and market dislocation to create institutional-grade assets engineered to generate stable cash flow, hedge inflation, and deliver long-term value across cycles. About Noble Investment Group Noble is an award-winning real estate investment manager specializing in the travel and hospitality sector. With a track record spanning three decades, Noble has invested over $6.0 billion in communities throughout the country, adding value across cycles and supporting the significant creation of jobs. PERE has named Noble one of the Top 200 Global Investment Managers, and the firm has been recognized as one of the Best Places to Work by Pensions & Investments and the Atlanta Business Chronicle. As a fiduciary to institutional investors, including foremost pensions plans, endowments, foundations, wealth management firms, and insurance companies, Noble's endeavors help to preserve and grow our limited partners' capital, which assists in providing retirement benefits for our country's teachers, law enforcement, firefighters, other pensioners, and financial resources for students to attend college. For more information, please visit