Sandpiper Lodging Trust Acquires Two Savannah Suites Extended Stay Hotels in Colorado and Texas

Sandpiper | July 23, 2021

Richmond, Va. – July 23, 2021 – Sandpiper Lodging Trust is pleased to announce the acquisition of two Savannah Suites Extended Stay hotels. One hotel is located just outside of Denver in Arvada, CO, while the other hotel is in Pleasanton, TX, located near San Antonio. SLT will convert the 116-room Arvada, CO hotel into a Suburban Extended Stay hotel, part of the Choice Hotel Group, and the 64-room Pleasanton, TX hotel into an independent extended-stay hotel. Terms of the transaction and brand conversion were not disclosed. Carter Rise, CEO of SLT, stated, “We are extremely excited to add these two hotels to the Sandpiper Lodging Trust ...