Choice Hotels Continues Growth in Extended
Stay, with Over 60 Everhome Suites in Development and 20 Under
Construction
NORTH BETHESDA, Md.,
June 11,
2024 /PRNewswire/ -- Choice Hotels International,
Inc. (NYSE: CHH), one of the world's largest lodging
franchisors, continues to strengthen its leadership position in
extended stay with a new Everhome Suites opening in Lexington, Kentucky. With this opening, the
company has four Everhome Suites open, over 60 in development, 20
under construction, and more than 10 are expected to open within
the next year. In the category, Choice has more than 400 properties
in the pipeline across its four extended stay brands, as of the
first quarter of 2024. Choice's domestic extended stay hotel
portfolio grew by 17.4% from March 31,
2023 to March 31, 2024, driven
by increases in economy and midscale extended stay brands.
"At Choice Hotels, we were pioneers in the extended stay hotel
category, and our first-mover advantage has been solidified by the
performance track record of our extended stay brands," said
Matt McElhare, vice president and
lead for extended stay brands, Choice Hotels. "Our deep expertise
and comprehensive understanding of extended stay have positioned us
to help our franchisees successfully launch and expand the Everhome
Suites brand across key markets including Lexington, Kentucky. With a dedicated team of
nearly 70 experts, we provide unparalleled support from site
selection and development to operations, sales, and marketing. Our
ongoing investment in the category ensures that we continue to lead
and innovate from the front in the highest opportunity categories
within extended stay."
Everhome Suites Lexington North is a four-story, 114-room hotel
located off I-64 in the heart of Lexington. Developed by New Circle Investments
and managed by H&W Hotels, Everhome Suites will serve the
University of Kentucky market and the
greater Lexington area. Guests can
experience Kentucky horse racing
history at Red Mile Gaming & Racing, major events at the Rupp
Arena, and visit the Central Bank Center for conventions. This
hotel features a mural that is a tribute to the Kentucky Wildcats
team and highlights pivotal moments and players, created by
OSRS.
Everhome Suites offers the comforts of home along with many
other convenient amenities, including:
- Every room has a fully equipped kitchen with full-sized
refrigerator, dishwasher, stovetop, microwave, flatware, cookware
and plenty of counter space
- Spa-style bathrooms with high-quality fixtures
- Large closets and additional open and closed storage
- Select number of premium one-bedroom suites featuring in-room
washer and dryer
- Locally inspired touches including artwork, food and beverage
offerings in the HomeBase Market, and a signature mural
at the main entrance
- Weekly housekeeping
- Free WiFi
- Pet-friendly options
- Contemporary multipurpose lobby
- Communal outdoor amenity area with barbeque
grills, firepits, and green spaces; pools at
select locations
- 24/7 self-serve, tech-enabled Homebase Market with
food, beverages and groceries
- 24/7 fitness center with state-of-the-art cardio and
strength-training equipment, including Peloton
bikes
- 24/7 guest laundry facilities
Everhome Suites participates in Choice Privileges, the
award-winning rewards program where members earn points on eligible
charges during their stay, which can be redeemed for reward nights
at over 7,000 hotels across a diverse portfolio of brands in 45
countries and territories. With the Choice Privileges Mastercard,
members can earn more points faster, including on everyday
purchases.
Choice Hotels, with a franchise-first focus and an
industry-leading retention rate, has been committed to providing
its hotel owners with the support they need to succeed since it
launched the country's first hotel chain in 1941. Today, Choice
offers franchisees a suite of cutting-edge cloud-based solutions,
including the choiceEDGE guest reservation platform and the
choiceADVANTAGE property management system to help
franchisees effectively manage room rates, distribution channels,
and inventory.
For more information on Everhome Suites development
opportunities, visit
choicehotelsdevelopment.com/everhome-suites.
Everhome Suites®: Closer to Home
The Everhome Suites brand provides a Closer to Home™ experience
that enables guests to live life on their terms during longer-term
stays. The new construction midscale hotels are designed to help
extended stay guests maintain routine on the road with spacious
suites with long stay amenities featuring fully equipped kitchens,
spa-style bathrooms, and customizable "me" spaces, including
movable workstations, full-size closets, and additional storage.
Everhome Suites properties have modern and sophisticated public
spaces, 24/7 fitness centers with Peloton bikes, guest laundry
facilities, free Wi-Fi, and self-service marketplaces with a
variety of fresh and frozen meal and grocery options. For more
information, visit
www.choicehotels.com/everhome-suites.
About Choice Hotels®
Choice Hotels International, Inc. (NYSE: CHH) is one of the largest
lodging franchisors in the world. The challenger in upscale and a
leader in midscale and extended stay, Choice® has nearly 7,500
hotels, representing more than 630,000 rooms, in 45 countries and
territories. A diverse portfolio of 22 brands that range from
full-service upper upscale properties to midscale, extended stay
and economy enables Choice® to meet travelers' needs in
more places and for more occasions while driving more value for
franchise owners and shareholders. The award-winning Choice
Privileges® rewards program and co-brand credit card options
provide members with a fast and easy way to earn reward nights and
personalized perks. For more information,
visit www.choicehotels.com.
Forward-Looking Statements
This communication includes "forward-looking statements" about
future events, including anticipated development and hotel
openings. Such statements are subject to numerous risks and
uncertainties, including construction delays, availability and cost
of financing and the other "Risk Factors" described in our Annual
Report on Form 10-K and our Quarterly Reports on Form 10-Q, any of
which could cause actual results to be materially different from
our expectations.
Addendum
This is not an offering. No offer or sale of a franchise will be
made except by a Franchise Disclosure Document first filed and
registered with applicable state authorities. A copy of the
Franchise Disclosure Document can be obtained through contacting
Choice Hotels International at 915 Meeting St, Suite 600,
North Bethesda, MD 20852,
email: development@choicehotels.com.
© 2024 Choice Hotels International, Inc. All Rights
Reserved
View original content to download
multimedia:https://www.prnewswire.com/news-releases/everhome-suites-debuts-in-kentucky-continuing-the-brands-growth-302169016.html
SOURCE Choice Hotels International, Inc.