Skip to content

Search

Human content, AI powered search.

Latest Stories

Destiny, stayAPT to franchise five PA hotels

Construction starts this spring on a 94-room Lancaster hotel

stayAPT Suites Lancaster hotel by Destiny Partners in 2025

Destiny Partners and stayAPT Suites signed a franchise deal for five Pennsylvania locations including Lancaster, Reading, York, Bethlehem and Allentown.

Vishnu Rageev R.
By Vishnu Rageev R.Mar 28, 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.

See Full Bio

Why stayAPT Suites and Destiny Partners Are Redefining Extended Stays

DESTINY PARTNERS LLC and stayAPT Suites signed a franchise deal for five Pennsylvania locations: Lancaster, Reading, York, Bethlehem, and Allentown. Construction begins this spring on the first 94-room, four-story property in Lancaster.

Destiny Partners co-founder Shakher Patel leads the firm, while Gary DeLapp is stayAPT Suites' president and CEO.

“We’ve evaluated numerous extended stay brands, and what sets stayAPT Suites apart is their skin-in-the-game approach,” Patel said. “Their business model, which emphasizes on-site management, a low employee count, and a streamlined amenities approach, offers the highest potential margins in the industry. Reviews also show that guests consistently rate their experience highly. stayAPT Suites has been flexible in adapting the product to meet our specific needs while maintaining consistency for guests.”

Destiny Partners and Destiny Hospitality oversee the development, construction and management of extended stay and lifestyle hotels and multifamily properties.

“We believe this model, combined with their spacious suites, will allow stayAPT Suites to capture more than their fair share of the extended stay market, providing a strong guest experience and solid financial performance for our investors,” Patel said.

DeLapp said the partnership with Destiny Partners is a step in stayAPT Suites’ U.S. expansion.

“This agreement strengthens our national presence and expands the brand’s footprint into Pennsylvania,” he said. “These locations will provide travelers with the comfort of a full-size living space—complete with a kitchen, living room, and separate bedroom—offering the consistency of a hotel with the livability of an apartment.”

Matthews, North Carolina-based stayAPT Suites, which was launched in January 2020, plans to open more than 40 hotels soon.

Miami-based Archer Capital Group, led by CEO Bakul Sanghvi and Managing Principal Rahil Sanghvi, acquired the 65-key Homewood Suites by Hilton Augusta in Augusta, Georgia from an institutional seller.

destiny partners llcfranchise dealstayapt suitespennsylvania locationslancaster hotelhotels in pennsylvaniashakher patelgary delapphotel investorsu.s. hotel industryfranchise developmenthotel franchisestayaptdestiny partners franchise deal 2025extended stay hotels in lancaster panew hotels reading pa 2025stayapt suites spacious suitespennsylvania hotel franchise newsbest extended stay hotels 2025destiny hospitality hotel projectsstayapt suites pennsylvania expansion

Related News

LE: U.S. hotel pipeline hits 6,280 projects
Hotel Realtor

LE: U.S. hotel pipeline hits 6,280 projects

Report: CA hotel openings up, new builds down
Hotel Realtor

Report: CA hotel openings up, new builds down

LVMH’s Calif. hotel sold to Tinder founder
Hotel Realtor

LVMH’s Calif. hotel sold to Tinder founder

Slatt Capital Closes $636M in H1 Across 147 Deals
Hotel Realtor

Slatt Capital’s H1 deals top $636M

More for you

Peachtree Group loan
Photo credit: Peachtree Group

Peachtree backs $42M loan for AFC deal

Summary:

  • Peachtree provided a $42 million floating-rate loan to Banyan Street Capital for the acquisition and repositioning of Atlanta Financial Center in Buckhead.
  • The deal delivers capital at a reset basis, with comps pricing 98 percent higher, reflecting strong collateral and execution.
  • It recently launched a $250 million fund to invest in hotel and commercial assets mispriced from market illiquidity.

PEACHTREE GROUP PROVIDED its first mortgage loan to Banyan Street Capital for the acquisition and repositioning of the 914,774-square-foot Atlanta Financial Center in Buckhead, Georgia. Peachtree said the office sector is at an inflection point, similar to the retail segment previously.

Keep ReadingShow less
Wyndham & Grubhub Offer Free Delivery to Guests & Staff

Wyndham, Grubhub offer free delivery to guests, staff

Summary:

  • Wyndham Hotels & Resorts is partnering with Grubhub to offer free product delivery to guests and staff at nearly 6,000 U.S. hotels across 20 brands.
  • A Grubhub account is required to activate the complimentary Grubhub+ membership; no credit card is needed and the membership does not auto-renew.
  • Wyndham recently deployed Elavon’s cloud payments interface to more than 6,000 U.S. and Canadian franchisees.

WYNDHAM HOTELS & RESORTS and Grubhub, an online ordering and delivery platform, will offer item delivery to guests and staff with no delivery fees and other benefits. The service is available at nearly 6,000 U.S. hotels across 20 brands, with orders placed through the Grubhub app on-site or by scanning a hotel QR code.

Keep ReadingShow less
U.S. Hotel Construction Hits 20-Quarter Low in June

CoStar: Hotel construction drops in June

Summary:

  • U.S. hotel rooms under construction fell year over year for the sixth straight month in June, hitting a 20-quarter low, CoStar reported.
  • About 138,922 rooms were under construction, down 11.9 percent from June 2024; the luxury segment had 6,443 rooms, up 4.1 percent year over year.
  • Lodging Econometrics recently said Dallas led all U.S. markets in hotel construction pipelines at the end of the first quarter, with 203 projects and 24,496 rooms.

THE NUMBER OF U.S. hotel rooms under construction declined year over year for the sixth straight month in June, reaching a 20-quarter low, according to CoStar. Additionally, more than half of all rooms under development are in the South, mostly outside the top 25 markets.

Keep ReadingShow less
U.S. travelers using mobile devices to book independent boutique hotel stays with personalized offers and smart tech in 2025

Study: Personalization boosts independent hotel bookings

Summary:

  • Around 95 percent of U.S. travelers are more likely to book independent hotels with personalized offers, according to TakeUp.
  • 59 percent plan more travel in 2025, with 78 percent favoring weekend getaways and 65 percent domestic trips.
  • Top booking deterrents are few reviews at 39 percent, unclear cleanliness or quality at 38 percent and inflexible cancellations at 29 percent.

PERSONALIZED OFFERS BASED on interests would make 95 percent of U.S. travelers more likely to book at an independent hotel, according to TakeUp, a revenue management platform for independent hotels. About 85 percent are open to technologies such as smart check-in, recommendations and AI-based pricing.

Keep ReadingShow less
Chart showing decline in U.S. extended-stay hotel occupancy and RevPAR in May 2025

Report: May fifth month for drop in extended-stay occupancy

Summary:

  • Extended-stay occupancy fell 2.2 percent in May, the fifth straight monthly decline; ADR and RevPAR also dropped for a second consecutive month.
  • May marked 44 straight months of supply growth for the segment at 4 percent or less, with annual growth below the 4.9 percent long-term average.
  • Extended-stay room revenues rose 0.5 percent, while total industry revenue grew 0.9 percent, led by segments with little extended-stay supply.

EXTENDED-STAY HOTEL occupancy fell 2.2 percent in May, the fifth consecutive monthly decline, exceeding the 0.7 percent drop reported for all hotels by STR/CoStar, according to The Highland Group. Extended-stay occupancy was 10.5 percentage points above the total hotel industry, at the lower end of the long-term average premium range.

Keep ReadingShow less
Asian Hospitality Logo
© Copyright 2025