Dhruv Development began construction on the hotel in January
By Vishnu Rageev RAug 30, 2024
HomeTowne Studios Tampa – Airport is now open in Tampa, Florida. The 124-room hotel will be operated by Dhruv Management, led by President and CEO Vijay Patel, and was developed by Dhruv Development, headed by CEO Amit Patel.
“The HomeTowne Studios Tampa – Airport is the first in the brand to feature the new prototype, which sets new standards for updated guestroom aesthetics as well as improved operational efficiency,” said Zack Gharib, Red Roof’s president. “Guests in central Florida have the opportunity to experience a new kind of economy extended-stay lodging—one that also meets the needs of the franchising community and of which we can all be proud.”
The hotel is near Zoo Tampa at Lowry Park, Egypt Lake-Leto, the Florida Aquarium, Historic Tampa Gulf Coast Railroad Trestle Bridge and the Museum of Science and Industry. It features a business center and other amenities.
Dhruv Management and Dhruv Development are also building a HomeTowne Studios in Bradenton, Florida, with four additional properties in various stages of development, Red Roof said in a statement.
“Tampa is the perfect market to introduce the new and improved HomeTowne Studios, and Vijay Patel at Dhruv Management and Amit Patel at Dhruv Development, along with their teams, are the perfect partners in this endeavor,” said Matthew Hostetler, Red Roof’s chief development officer. “This addition to the Red Roof family of hotels will offer guests a reimagined and elevated extended-stay experience.”
Amit Patel expressed excitement about partnering with Red Roof on their new extended-stay hotels, HomeTowne Studios in Tampa and Bradenton.
“Red Roof is more than a franchisor; they are deeply involved in every franchisee partnership from the moment a deal is signed,” he said. “Their support has been invaluable, from securing approvals to breaking ground. With Red Roof’s continued commitment to hospitality fundamentals, we are confident in the future of this hotel.”
In January, Dhruv Development began construction on this hotel and a new HomeTowne Studios in Bradenton, Florida. In December, Red Roof opened a 41-room Red Roof Inn in Hutchins, Texas, owned and operated by Jay Patel, who was introduced to the brand by an existing franchisee friend.
Sonesta launched Americas Best Value Studios, an extended-stay version of ABVI.
The model targets owners seeking limited front desk and housekeeping.
The brand meets demand for longer-term, value-focused stays.
SONESTA INTERNATIONAL HOTELS Corp. launched Americas Best Value Studios by Sonesta, an extended-stay version of its franchised brand, Americas Best Value Inn. The model targets owners seeking limited front desk and housekeeping, optional fitness center and lobby market along with standard brand requirements.
The brand aims to address the growing demand for longer-term, value-driven accommodations, Sonesta said in a statement.
"Americas Best Value Studios by Sonesta represents a strategic evolution of our trusted Americas Best Value Inn brand," Keith Pierce, Sonesta’s executive vice president and president of franchise development, said. "We are expanding our offerings to directly address the increasing demand within the extended-stay segment, providing a practical solution for travelers seeking longer-term lodging at value. This new brand type allows our local franchised owner-operators to tap into a growing market while maintaining the community-focused experience that Americas Best Value Inn is known for."
ABVI has a majority presence in secondary and tertiary markets, the statement said.
The extended-stay brand’s operational model features a front desk, bi-weekly housekeeping, on-site laundry and pet-friendly accommodations, Sonesta said. Guests can also earn or redeem points through the Sonesta Travel Pass loyalty program.
In August, Sonesta named Stayntouch its preferred property management system after a two-year review of its ability to support the company’s franchise model. The company operates more than 1,100 properties with more than 100,000 rooms across 13 brands on three continents.
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