Research finds value engineered prototype increases guests' likelihood to stay, maintains low build and operating costs, while delivering a unique midscale experience for guests.
The 72-room hotel, situated on 1.38 acres, has been sold to a developer, who plans to demolish the existing structure and erect a state-of-the-art, 7-story student housing complex featuring 479 bedrooms.
New development option maintains brand position as lowest cost to build and operate in midscale while increasing guest intent to stay by 25%
DSH Hotel Advisors announced that Dennis S. Hopper, CCIM, Managing Principal of the firm arranged the sale of the 77-room Sleep Inn by Choice Hotels, Wesley Chapel for $8,825,000 or $114,610 per room on June 29, 2022.
Hotel is also the 20th Sleep Inn-MainStay Suites Dual-Brand Location
Choice Hotels International, Inc. (NYSE: CHH) has signed an agreement with Legacy Partners, LLC to develop five Sleep Inn hotels outside of Houston, Texas. The first hotel is slated to open in 2020.
The Sleep Inn & Suites Yukon is a short drive to the state capital and the Oklahoma City Airport. The hotel is near several leisure attractions, including the National Cowboy & Western Heritage Museum, Sandridge Sky Trail, the Oklahoma City Museum of Art, and the popular OKC Outlets shopping center.
The newly constructed 62-room Sleep Inn & Suites in Galion, Ohio, is located at 6698 Brandt Road, just off U.S. Route 30, and designed to appeal to both business and leisure travelers.
Based on consumer insights that guests are seeking places to work and gather outside the guestroom, the interior evolution features a open public area with versatile seating, including a communal table with built in charging capabilities along with semi-private banquettes, to support additional use throughout the day.
Choice Hotels International, Inc. (NYSE: CHH) announced the opening of the newly constructed 65-room Sleep Inn & Suites hotel in Jasper, Alabama, located at 90 Carl Cannon Boulevard.