Vishnu Rageev R is a journalist with more than 15 years of experience in business journalism. Before joining Asian Media Group in 2022, he worked with BW Businessworld, IMAGES Group, exchange4media Group, DC Books, and Dhanam Publications in India. His coverage includes industry analysis, market trends and corporate developments, focusing on retail, real estate and hospitality. As a senior journalist with Asian Hospitality, he covers the U.S. hospitality industry. He is from Kerala, a state in South India.
Sonesta recently opened a Red Lion Inn & Suites in Blue Springs, Missouri.
The 60-room hotel is owned by Reshma and Umesh “Max” Patel.
It is near Independence Airport and the Amtrak station, 30 miles from Kansas City International Airport.
Red Lion Inn & Suites Blue Springs is now open in Blue Springs, Missouri. The 60-room hotel is owned by Reshma and Umesh “Max” Patel.
The hotel is near Independence Airport and Kansas City International Airport as well as the Amtrak station, Sonesta said in a statement. Nearby attractions include the Harry S. Truman Library and Museum, Truman Sports Complex (home to Arrowhead and Kauffman stadiums) and Swope Park, the largest park in Kansas City.
“The expansion of Red Lion Hotels, Inn & Suites by Sonesta reflects the momentum behind our franchising strategy,” said Keith Pierce, Sonesta’s EVP and president of franchise and development. “We’re seeing increased interest from owners who value the flexibility, support, and national recognition of the Sonesta portfolio. Red Lion Inn & Suites Blue Springs shows how we’re working with franchisees to bring well-located hotels to market quickly and efficiently.”
Sonesta is the eighth-largest U.S. hotel company, with about 1,100 properties and 100,000 rooms across 13 brands in eight countries, according to STR.
Brian Quinn, Sonesta's chief development officer, recently told Asian Hospitality that the company's extended-stay brands, Simply Suites and ES Suites, remain strong as more travelers choose economy hotels.
TMGOC Ventures, Willow Street Capital open ESA Premier Suites – Jacksonville Airport.
The hotel is near UF Health North Hospital and Jacksonville North VA Clinic.
Amenities include a fitness room.
Extended Stay America Premier Suites – Jacksonville Airport is now open in Jacksonville, Florida. The four-story, 124-room hotel was developed by franchisee TMGOC Ventures, led by cofounder and managing partner Sunju Patel and Willow Street Capital.
“This is an exciting addition to our portfolio, especially as Jacksonville continues to show strength across medical, logistics and aviation sectors,” said Patel. “We see the airport submarket evolving rapidly and our decision to bring a purpose-built Extended Stay America Premier Suites to this location reflects our long-term belief in its growth trajectory. We’re proud to introduce a product that supports the needs of both extended-stay guests and the local community.”
Mark Williams, ESA’s managing director for franchise development, said ESA is expanding its Premier Suites footprint and bringing an extended-stay property to Jacksonville.
"This location reflects our commitment to providing exceptional value and comfort for guests who need a reliable place to stay for longer periods, while supporting our franchise partners in strong-performing markets,” he said.
"TMGOC remains focused on developing institutional-quality assets in markets with potential for sustained growth,” said Glenn Alba, TMGOC Ventures' co-founder and managing partner. “The Extended Stay America Premier Suites brand offers value for today’s traveler and we are bringing a property that expands hospitality options in Jacksonville’s Northside.”
In August, Northstar Hotels Management, led by founders Salim Premji, Sapna Premji and Jigar Amin, acquired the 78-room Residence Inn and 81-room Courtyard near Jacksonville International Airport.
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Vision recently opened a Hilton dual-brand property in Cleveland, TN.
It is the company’s 44th hotel and 26th in the state.
It recently opened the $60 million Embassy Suites in Chattanooga, TN.
Hilton Worldwide Holdings' dual-brand Home2 Suites and Tru by Hilton are now open in Cleveland, Tennessee. The combined 140-key, five-story property is owned by Vision Hotel Group Inc., led by Founder and CEO Mitch Patel.
It is the company’s 44th hotel and its 26th owned and operated in the state, Vision said in a statement.
“We are excited to officially open this dual-brand property in Cleveland, Tennessee,” said Patel. “This project marks a significant milestone in our continued growth and highlights our strong partnership with Hilton. It also reflects our ongoing commitment to investing in communities that are important to us.”
Vision broke ground on the dual-brand property in May 2024 and completed it on schedule, as announced at the ceremony. The hotel includes 800 square feet of meeting space, an outdoor pool, and public areas for business and leisure guests.
In August, Vision and CBL & Associates opened the 139-room Element Wilmington in Wilmington, North Carolina. The company also opened the $60 million Embassy Suites by Hilton Chattanooga Downtown in Chattanooga, Tennessee.
Spark acquired the 120-key Home2 Suites by Hilton Wayne in Wayne, New Jersey.
Hunter Hotel Advisors facilitated the transaction with DC Hospitality Group affiliates.
The 2020-built hotel is near William Paterson University and less than 20 miles from Manhattan.
SPARK GHC RECENTLY acquired the 120-key Home2 Suites by Hilton Wayne in Wayne, New Jersey, from affiliates of DC Hospitality Group. Hunter Hotel Advisors facilitated the deal for an undisclosed amount.
The 2020-built hotel is less than 20 miles from Manhattan in a commercial corridor with major employers including Driscoll Foods, FedEx Group, Advanced Biotech, St. Joseph’s Wayne Hospital, and the Passaic County Administration, Hunter said in a statement. William Paterson University, Willowbrook Mall, and MetLife Stadium are also nearby.
It features an on-site fitness center, business center and indoor pool.
“The Home2 Suites by Hilton Wayne represents the type of asset we target,” said Patel. “Its proximity to major corporate demand generators, higher education institutions, and retail and entertainment venues supports strong performance.”
Hunter’s senior vice presidents, David Perrin and Spencer Davidson, brokered the transaction.
Patel said this is their second transaction with Hunter and praised the process and partnership.
“We look forward to building on the hotel’s recent performance and continuing to deliver guest experiences in the Greater New York City community,” he said.
Northstar Hotels Management recently acquired a 78-key Residence Inn and an 81-key Courtyard near the Jacksonville, Florida, airport.
Peachtree Group and Paso Robles Hotel Partners opened The Ava Hotel in Paso Robles, California.
Azul Hospitality will manage the 151-room, four-story hotel.
Moore 2 Design developed the interior design for the property.
THE AVA HOTEL, part of Hilton’s Curio Collection, is now open in Paso Robles, California. The 151-room, four-story hotel is owned by Peachtree Group and Paso Robles Hotel Partners.
“The Ava Hotel is both a destination and a gathering place for Paso Robles,” said Matt Kleefisch, The Ava Hotel’s GM. “Every detail—from the design-forward accommodations to the ingredient-driven menus at EMRE—reflects the warmth, creativity and hospitality that make Paso so special. We wanted to create a place where travelers can immerse themselves in the Central Coast and where locals want to gather. By blending elevated dining, social spaces and design that celebrates the region’s character, The Ava Hotel spotlights Paso Robles as a destination for every kind of guest.”
Atlanta-based Peachtree, is led by Greg Friedman, managing principal and CEO, Jatin Desai, managing principal and CFO, and Mitul Patel, principal. Paso Robles Hotel Partners is a joint venture between Peachtree and Verakin Capital, a San Mateo firm led by Rupesh Patel, Bimal Patel and Hiten Suraj.
Moore 2 Design developed the hotel’s the interior design, the statement said. Pegasus Architects created the exterior façade and Arris Studio Architects produced the construction drawings. Studio Sinclair and HBA designed the property to reflect Paso Robles’ heritage and growth as a cultural and culinary destination.
The hotel offers standard rooms—single king, double queen and double king—and upgraded rooms with Juliet balconies or pool patio decks with direct access to the rooftop saltwater pool. One-bedroom and double queen suites include 1.5 bathrooms and living areas with fireplaces, powder rooms and sofa sleepers.
Peachtree Group, Woodbine Development Corp. and DD Partners LLC opened the Embassy Suites by Hilton Gulf Shores Beach Resort on Alabama’s Gulf Coast.
NewcrestImage acquired the 176-key, five-story NYLO Dallas Plano in Dallas.
The boutique property is in the 2,600-acre Legacy District business park.
It will be renovated and rebranded under Hilton’s Tapestry Collection.
NEWCRESTIMAGE RECENTLY ACQUIRED the 176-key, five-story NYLO Dallas Plano in Dallas. The company plans to renovate and rebrand it within the Tapestry Collection.
The boutique property in the 2,600-acre Legacy District business park includes indoor and outdoor event venues, including a 4,000-square feet patio around a heated pool.
This follows its 2024 purchase of NYLO Providence Warwick in Rhode Island, rebranded as The Loom Hotel, NewcrestImage, led by CEO and Managing Partner Mehul Patel, said in a statement.
"This hotel presents a significant new profit opportunity for us and complements our existing holdings," said Patel. "We previously owned five hotels in the Frisco/Plano market, so we are familiar with the area’s metrics for both short- and long-term returns."
In December, NewcrestImage opened the Homewood Suites Parsippany in New Jersey, which it acquired as a 150-unit, five-story building in June 2022 and renovated. Since 2013, the company has completed more than $3 billion in hotel transactions across nearly 300 hotels and 32,000 rooms.