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Red Roof Inn opens in Sanford, NC

The 122-room property is owned by company led by Raviraj Viradiya

Red Roof Inn opens in Sanford, NC

Red Roof Inn Sanford opened in Sanford, North Carolina following a $1.3 million renovation.

Vishnu Rageev R.
By Vishnu Rageev R.Jun 16, 2025
Vishnu Rageev R.

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.

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Red Roof Inn Sanford is now open in Sanford, North Carolina. The 122-room property, owned by Jay Dan Gigev 2501 LLC led by Raviraj Viradiya, recently completed a $1.3 million renovation.

The hotel is near downtown Sanford, Central Carolina Community College, Devils Ridge Motocross, Raven Rock State Park, Aloha Safari Park, Jordan Lake State Recreation Area, the Railroad House Museum, Temple Theatre, Hugger Mugger Brewing Company, Sanford Antique Mall and the Mural Art Trail. Fayetteville Regional Airport and Raleigh-Durham International Airport also are nearby.

The hotel has an outdoor pool and is pet friendly.

Zack Gharib, Red Roof’s president, recently said the company is focusing on strategic investments in people and technology to advance the brand amid challenges.

red roof inn sanfordsanfordred roof

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Noble adds 35-property Sonesta Simply Suites to portfolio
Photo credit: Noble Investment Group

Noble adds 35 Sonesta Simply Suites

Summary:

  • Noble acquired a 35-property Sonesta Simply Suites portfolio.
  • The hotels are concentrated in Sunbelt and corporate-demand corridors.
  • It deployed capital into 100+ assets across 62 markets last year.

NOBLE INVESTMENT GROUP acquired a 35-property Sonesta Simply Suites portfolio with more than 4,000 rooms, expanding the firm's branded long-term accommodations platform. Terms were not disclosed.

The hotels are concentrated in Sunbelt and corporate-demand corridors, Noble said in a statement. The acquisition is immediately accretive, supported by current occupancy, stable cash flow and a basis below replacement cost.

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