What is the story about?
What's Happening?
Everhome Suites, a midscale extended stay brand from Choice Hotels International, is expanding its footprint with the opening of seven new properties across the U.S. The brand now has 17 open locations, with 16 under construction and 45 in the pipeline. This growth includes entry into competitive markets like Southern California and marks the opening of the brand's 20th property in Yuma, AZ. Everhome Suites offers apartment-style accommodations with full kitchens and amenities tailored for extended stays.
Why It's Important?
The expansion of Everhome Suites reflects the rising demand for extended stay accommodations in diverse U.S. markets. This growth is driven by the brand's efficient prototype and flexible operating model, appealing to developers and meeting the needs of business and leisure travelers. The strategic positioning in high-barrier markets highlights the brand's value proposition and potential for long-term success. As the hospitality industry evolves, extended stay options like Everhome Suites offer a compelling solution for travelers seeking home-like comforts.
What's Next?
Everhome Suites plans to continue its expansion, with nearly 25 hotels expected to be open by the end of the year. The brand will focus on entering new markets and enhancing its offerings to meet the evolving needs of travelers. Choice Hotels will support this growth with dedicated tools and resources for developers, including AI-driven market analysis and operational support. This strategic approach aims to solidify Everhome Suites' position in the extended stay segment.
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