extended stay lodging
stayAPT Suites & Powerhouse Hotels Forge Partnership to Expand Presence With 30 New Locations
stayAPT Suites | April 23, 2024
Six Locations to Break Ground in 2024 MATTHEWS, N.C., April 23, 2024 -- stayAPT Suites, the innovative apartment-style hotel brand, is pleased to announce a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings. This collaboration involves signing a multi-unit development agreement, adding 30 new locations to stayAPT Suites' portfolio, and expanding the brand footprint to 25 states over the next five years, with six locations that will break ground in 2024. The strategic alliance between stayAPT Suites and Powerhouse Hotels underscores confidence in the b...
Marriott International Announces Plans to Expand in Affordable Midscale Segment With New Extended Stay Lodging Brand
Marriott International | June 5, 2023
Marriott International, Inc. (Nasdaq:MAR) announced today, in connection with the 2023 NYU International Hospitality Industry Investment Conference, its plans to further expand in the affordable midscale lodging segment, following its recent entry into the segment with City Express by Marriott in Latin America. Consistent with the company’s approach to meeting the needs of guests with regionally relevant lodging products for every stay purpose, Marriott is announcing its plans to launch a new brand, which has not yet been named, but is currently being referred to as Project MidX Studios. The affordable midscale extended stay brand is intend...
