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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.


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.

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Fremont CA: Sagemont Hotels Opens 128‑Suite Homewood Suites

Sagemont opens Homewood Suites in Fremont, CA

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  • Sagemont Hotels opened the five-story, 128-key Homewood Suites in Fremont, California.
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  • Located 12 miles from San Jose Mineta International Airport.

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FIVE STAR GROUP recently purchased the 93-key Courtyard Dalton in Dalton, Georgia, from an institutional seller. The company, based in Dalton and founded by Naren Patel in 1990, is led by Managing Principal Anish Govan.

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Photo credit: Wyndham Hotels & Resorts

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The asset, encumbered by a CMBS loan, required defeasance to complete the sale, Kabani said in a statement. Despite negative cash flow, the hotel sold at a 2.72x room revenue multiplier, reflecting investor confidence in the market’s long-term potential.

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The hotel is near Loma Linda University Health, Loma Linda University School of Public Health, Jerry L. Pettis Memorial Veterans Hospital, San Bernardino National Forest and San Bernardino Industrial Park, according to a statement. It is also near Redlands Industrial Park, University of Redlands and California State University, San Bernardino.

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