US: Extended Stay America has signed an agreement to develop 15 Extended Stay America Premier Suites.
The development agreement in partnership with Concord Hospitality and Whitman Peterson is to develop 15 new Extended Stay America Premier Suites hotels.
The properties will be located throughout the Western United States, including Denver, Colorado; Phoenix, Arizona; Las Vegas, Nevada; and Salt Lake City, Utah.
Greg Juceam, president & CEO, Extended Stay America said: “We are extremely excited to be announcing the addition of 15 new properties to our Extended Stay Premier Suites brand through this venture with Concord and Whitman Peterson. These new Extended Stay America Premier Suite locations continue our strategy of growing this brand and our franchise pipeline. We look forward to working with Concord Hospitality and Whitman Peterson as they develop the hotels in these markets.”
Concord Hospitality is a hotel management and development company located in Raleigh, North Carolina, and will be handling the development, branding, and operations of the properties.
Whitman Peterson is a private real estate equity company managing opportunistic real estate investments on behalf of institutional investors located in Westlake Village, California. It will provide equity, identify markets and assist with development.
Mark Laport, CEO and president, Concord Hospitality said: “Extended Stay America Premier Suites has a unique business model that will allow us to reach business and corporate extended stay travellers looking for a higher level of amenities. This agreement is the first step in increasing our presence in the higher end extended stay segment.”
Extended Stay America Premier Suites comprises both new construction as well as renovated properties with upgraded amenities, including fully equipped kitchens, apartment-style layouts for working and dining, on-site guest laundry, and free breakfast. The image above is of the Extended Stay America Premier Suites, Augusta, which opened in August this year.
Paul Novak, executive director – lodging, Whitman Peterson said: “We are pleased to be able to grow Extended Stay America Premier Suites through this unique partnership with Concord and Extended Stay America. We have chosen markets ideal for a premium extended-stay product.”
Extended Stay America currently has 28 Extended Stay America Premier Suites open and operating throughout the United States. It recently announced the launch of its new brand Extended Stay America Select Suites.
