18-10-2024
LivAway Suites Set to Shake Up Extended Stay Hotel Market
Last week at The Lodging Conference, Kevin F. Dailey, COO of LivAway Suites, and I discussed the rapid growth of this new extended stay brand 🏨 aginst the context of LivAway Suites, developed by West77 Partners. They're planning nationwide expansion. Plus, the sold-out success of their first hotel in Salt Lake City to the strategic expansion across the U.S., this conversation offers invaluable insights for investors, developers, and hospitality pros alike! Key discussion points: The incredible growth of Live Away Suites with 12 hotels open or under construction 🏗️ The success of their first hotel in West Jordan, Salt Lake City 🏙️ What makes LivAway Suites different from traditional corporate hotels 🏢 Expansion plans: From Salt Lake City to Richland, Washington, Smyrna, Georgia, and beyond 🌍 The strategic focus on extended stay properties with fast stabilization ⚡ Franchising plans and how West 77 is behind building a national brand 🏆 Key demand drivers: military bases, hospitals, infrastructure projects, and more 🏥 How LivAway Suites is leveraging demand from infrastructure projects like the Chips Act 🛠️