What's Happening?
LivAway Suites, a rapidly growing economy extended stay hotel brand, has announced the opening of its newest property in Tolleson, Arizona. This marks the brand's first hotel in the state and its 10th
location nationwide. Situated 20 minutes west of downtown Phoenix, the Tolleson property is strategically located in a dynamic and expanding area. The hotel is designed for longer-term stays, featuring residentially inspired suites with full kitchens, minimalist interiors, and modern amenities such as high-speed Wi-Fi and smart TVs. The opening is part of LivAway Suites' broader strategy to establish a strong presence in high-growth markets across the U.S., with plans to expand further into states like Florida, Nevada, and South Carolina.
Why It's Important?
The expansion of LivAway Suites into Arizona signifies a growing demand for affordable, extended stay accommodations in rapidly developing regions. This move not only enhances the brand's national footprint but also caters to the needs of travelers seeking cost-effective and comfortable long-term lodging options. The strategic location in Tolleson provides guests with access to major employment hubs and cultural attractions, potentially boosting local tourism and economic activity. As the brand continues to grow, it could influence the competitive landscape of the extended stay market, challenging other players to innovate and improve their offerings.
What's Next?
LivAway Suites plans to continue its expansion with 22 hotels currently open or in development across the United States. The brand aims to break ground on 12 additional locations over the next year, targeting new markets and expanding in states where it already has a presence. This growth strategy is supported by a vertically integrated platform that combines development, construction, and operations, allowing for efficient scaling and consistent guest experiences. As LivAway Suites enters new markets, it will likely face competition from established brands, prompting potential collaborations or innovations to maintain its growth trajectory.
