Extended Stay America has entered a development agreement with Concord Hospitality and Whitman Peterson to develop 15 Extended Stay America Premier Suites hotels in major markets across the Western United States, including Denver, Colorado; Phoenix, Arizona; Las Vegas, Nevada; and Salt Lake City, Utah.
“These new Extended Stay America Premier Suite locations continue our strategy of growing this brand and our franchise pipeline,” said Greg Juceam, President & CEO of Extended Stay America. “We look forward to working with Concord Hospitality and Whitman Peterson as they develop the hotels in these markets.”
Based in North Carolina, Concord Hospitality is an award-winning hotel management and development company that will handle the properties’ development, branding, and operations. Whitman Peterson, a private real estate equity company, will help create and actively manage opportunistic real estate investments on behalf of institutional investors in Westlake Village, California, providing equity, identifying markets and assisting with development.
“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,” said Mark Laport, CEO & President of Concord Hospitality. “This agreement is the first step in increasing our presence in the higher-end extended stay segment.”
Extended Stay America Premier Suites will feature both new construction and renovated properties with upgraded amenities. This includes fully equipped kitchens, spacious apartment-style layouts for working and play, free in-room wi-fi, premium cable, onsite laundry, a free healthy breakfast offering, enhanced design elements like larger televisions, increased storage space and a signature bedding package.
Extended Stay America currently boasts 28 Extended Stay America Premier Suites open and operating in the United States.