HomeHotelsChoice Hotels Extended Stay Portfolio Expands West
Choice Hotels Extended Stay Portfolio Expands West
December 14, 2022
WoodSpring Suites breaks ground Southern California underlines the growing demand across the country
ROCKVILLE, Md., 14 December 2022 /PRNewswire/ — WoodSpring Suites–the industry’s largest economy long-term brand Choice Hotels International, Inc. (NYSE:CHH)–WoodSpring Suites continues its successful nationwide expansion with the groundbreaking of Corona. Just one hour south of Los Angles and expected to open in late 2023, the 122-room hotel is the latest addition to Choice’s growing array of long-stay properties everywhere. Californiaattend the opening Everhome Suites CoronaBesides the largest MainStay Suites hotel recently opened in a larger city Los Angeles.
Representatives and developer from Choice Hotels Gold Coast Premier Properties attended an official groundbreaking ceremony to commemorate the development milestone and express their excitement for the new hotel and growing WoodSpring Suites brand.
“While the successful stewardship of WoodSpring Suites reinvigorates developers’ interest in the extended stay segment, our lean business model designed to help owners maximize returns in virtually any economic environment, combined with our proven ability to develop new long-stay products and solutions, “Why does Choice continue to be an industry leader,” said Anna Scozzafava, vice president and general manager of long stays at Choice Hotels.Gold Coast It has been a key part of Choice’s long-term success story from the very beginning, helping take the WoodSpring Suites brand to new heights and new markets over the past three years. We could not be more proud to embark on a new chapter of growth with franchisees who share our brand vision and commitment to fit guests’ needs and lifestyles with comfortable and affordable accommodation.”
The new WoodSpring Suites, located at 2370 Tuscany Street, corona It is a short drive from top regional employers, including 3M, Kaiser Permanente, Keller Williams, Merrick Engineering, Monster Beverage and US Foods. Like all WoodSpring Suites hotels, the property was built specifically for the unique needs of long-stay travelers and will offer the following features:
Three suite layouts, all of which are 100 percent smoke-free, pet-friendly, and equipped with a kitchen with a full-size refrigerator, microwave, and stovetop.
Extended lobby with a coffee station.
Free Wi-Fi and guest parking.
Guest laundry room.
“Developers realize it’s time to invest in long-term accommodation, and from real estate support and brand prototype design to ongoing operational guidance, Choice Hotels delivers value and performance that guests and owners can rely on,” he said. raul garciaCEO Gold Coast Premier Features. “The WoodSpring team has been an incredible collaborator as we have rapidly scaled our extended stay portfolio over the last few years, creating the brand’s affordable, cleverly designed accommodations. Southern California and beyond.”
WoodSpring Suites Corona is one of several WoodSpring properties developed by. Gold Coast Premier Features. In addition to the nine hotels open, Florida and South Carolina, Floridabased development firm has agreements to release three WoodSpring Suites and four more hotels under active construction. California, Connecticut, north carolinaand Rhode Island. Highlighting its continued westward expansion efforts, Choice Hotels signed an agreement with ServiceStar Capital earlier this year to build more than 50 WoodSpring Suites and nearly two dozen Everhome Suites hotels. Colorado, arizona, Utahand Nevadaand in August announced plans to develop six additional MainStay Suites. California.
“Demand for extended stays has never been higher, and there is no shortage of opportunity in this highly desirable segment as Choice’s recently renovated Suburban Studios and the economy-class WoodSpring Suites have been extended to the midrange arena MainStay Suites and Everhome Suites.” aforementioned Ron Burgett, Senior Vice President, Franchise Development, Extended Stay, Choice Hotels. “Our ongoing collaboration with many of the nation’s top long-stay investors is a testament to our track record in helping growth-oriented owners accelerate their long-stay development goals and is a preview of the tremendous growth that is still to come.”
About WoodSpring Suites® WoodSpring Suites hotels offer long-stay guests a welcoming environment and simple accommodation – all at an affordable price. WoodSpring Suites, franchised by Choice Hotels, is the long-stay hotel brand in the country’s fastest growing economy. Each property is newly built and built to meet the needs of travelers seeking longer stays. The facilities feature all-suite rooms with full kitchens, flexible workspaces and guest laundry facilities. As of September 30, 2022, more than 200 WoodSpring Suites hotels are open in 32 states and 205 hotels across the US are under construction. For more information visit: www.woodspring.com/our brand.
About Choice Hotels® Choice Hotels International, Inc. (NYSE: CHH) is one of the largest hospitality franchisors in the world. As of September 30, 2022, Choice Hotels has more than 7,500 hotels and approximately 630,000 rooms in 46 countries and territories.® The family of hotel brands serves business and leisure travelers with a wide range of high-quality accommodation options, ranging from limited service to full-service hotels in the upper luxury, upper mid-sized, mid-sized, long-stay and economy segments. Award-Winning Choice Privileges® loyalty program offers members a faster way to get rewards with personalized benefits from day one. For more information visit: www.choicehotels.com.
Forward-Looking Statement This communication contains “forward-looking statements” about expected development and future events, including hotel openings. Such statements are subject to numerous risks and uncertainties, including construction delays, availability and cost of financing, and other “Risk Factors” described in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. causing actual results to differ materially from our expectations.
additional This is not an offer. No dealership offers or sales will be made, except for the first filing and registration of the Dealership Disclosure Document with the relevant state authorities. A copy of the Franchise Disclosure Document may be obtained by contacting Choice Hotels International at 1 Choice Hotels Circle, Suite 400. Rockville, MD 20850, [email protected].