US: LivAway Suites has announced the grand opening of its first property, located in the Salt Lake City metropolitan area.
Salt Lake City was recently named the top job market in the country by the Wall Street Journal and became the first flag on the map for the economy extended stay brand. LivAway Suites caters to construction workers, travelling medical professionals, the military, displaced families, digital nomads, and others seeking intermediate to long-term accommodations.
Having broken ground on this location in West Jordan, Utah, in June 2023, the 126-suite hotel was constructed in just over 12 months and offers modernised suites with fully equipped kitchens and “technological enhancements that improve the overall extended stay experience”. According to West77 Partners, the developer of the hotel, the project was completed on schedule and below budget.
“LivAway Suites has an incredibly efficient design that gives you the most bang for buck I’ve seen in this segment,” said Paul Duncan, chief development officer of West77 Partners. “A lot of brands are trying to get into the economy extended stay market, but LivAway Suites has incorporated decades of learning into its hotel design and operating system. Our budget savings on this project are evidence of that.”
Kevin Dailey, COO for LivAway Suites, added: “Three years ago, we created LivAway Suites to be the first hotel brand created for developers, by developers®. Every decision made by the brand must translate to a higher return on investment for the real estate, otherwise we do not pursue it. With our number one goal always being the success of the real estate, LivAway Suites is able to achieve results that other brands simply cannot compete with.”
LivAway Suites has plans to break ground on 20 more locations over the next year, making it one of the fastest growing new brands in its segment. It plans to open multiple other locations later this year in markets including Nashville, Washington State, Montana and more.
“This grand opening in West Jordan marks an incredible milestone for LivAway Suites,” added Dailey. “It signals our rapid expansion as we remain on pace to have more than 50 hotels open and under construction by 2026. With larger guest suites, improved liveability, and a more thoughtful room layout, we know our guests will enjoy the fresh, modern approach to economy extended stay, that gives them everything they need and nothing they don’t.”
