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KARA Hospitality opens ESA Premier Suites in Rockingham, VA

This marks KARA Hospitality's third new construction project

KARA Hospitality opens ESA Premier Suites in Rockingham, VA

The Extended Stay America Premier Suites – Harrisonburg in Rockingham, Virginia, is now open. The four-story, 92-room property was developed and will be managed by KARA Hospitality, with Mitesh Amin as managing partner.

Along with the Harrisonburg location, KARA Hospitality also developed ESA Premier Suites hotels in Colonial Heights and Fredericksburg, Virginia. The company also broken ground on a new Premier Suites in Charlottesville, set to open in 2025.


"We are thrilled to unveil Extended Stay America Premier Suites - Harrisonburg, offering a harmonious blend of comfort, convenience and personalized service," said Amin. "With its strategic location and array of amenities, we look forward to welcoming extended stay guests and providing them an unforgettable stay experience."

The pet-friendly hotel is near Sentara RMH Medical Center, Sentara RMH Funkhouser Women's Center, James Madison University’s Bridgeforth Stadium, Atlantic Union Bank Center, Massanutten Four Seasons Resort & Waterpark, Packaging Corp. of America, Sysco, Merck & Co. and the upcoming BUC-EE'S travel center.

"We are excited to welcome Extended Stay America Premier Suites to the vibrant Harrisonburg community,” said Mark Williams, ESA’s managing director of franchise development. This opening marks the third Extended Stay America Premier Suites newly constructed property by KARA Hospitality. We are confident that KARA Hospitality's experience in providing long-term hotel accommodations will make this property a top choice for both business and leisure travelers to the area.”

Williams said they are committed to expanding Extended Stay America through franchising and look forward to future collaborations with KARA Hospitality.

In March, VMV Capital, led by President Viren Patel, COO Mike Bhula, and CEO Vinny Patel, opened Extended Stay America Premier Suites in Duncan, South Carolina.

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Choice Hotels Report $180M in Global Performance Gains

Choice clocks $180M in global gains

Summary:

  • Choice Q3 net income rose to $180 million from $105.7 million.
  • Weaker government and international demand slowed U.S. growth.
  • Full-year U.S. RevPAR forecast lowered to -2 to -3 percent.

Choice Hotels International reported third-quarter net income of $180 million, up from $105.7 million a year earlier, driven by international business growth. Global RevPAR rose 0.2 percent year over year, with 9.5 percent growth internationally offsetting a 3.2 percent decline in U.S. RevPAR.

The U.S. decline was due to weaker government and international inbound demand, Choice said. The company lowered its full-year U.S. RevPAR forecast to -2 to -3 percent, from the previous 0 to -3 percent.

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