Skip to content

Search

Latest Stories

Twenty Four Seven Hotels adds four California properties

The company plans to add more hotels this year but keep a manageable size

Twenty Four Seven Hotels adds four California properties

THIRD-PARTY HOSPITALITY management company Twenty Four Seven Hotels has added four California hotels to its West Coast portfolio, a statement said. A member of the Newport Beach, California-based company’s executive team said it’s part of a controlled growth strategy.

The new properties are the 128-room Hyatt House Sacramento/Midtown, the 112-room Hyatt Place Newark/Silicon Valley, the 90-room Hampton Inn & Suites Marina and the 119-room Holiday Inn Express Chino Hills. Currently, the firm is providing pre-opening services and these properties are expected to be fully operational in December, the statement added.


“We continue to expand our management footprint throughout California, with these four additions bringing our total Golden State portfolio to twenty. By focusing exclusively on the West Coast, our area operational expertise is unparalleled. This also allows for the ability to more readily share best practices and enact economies of scale,” said David Wani, CEO, Twenty Four Seven Hotels. “Twenty Four Seven Hotels provides a full-suite of services, starting at the earliest phases of the pre-construction process to create advantages over companies acquiring or assuming operations at a later stage.”

The Hyatt House Sacramento/Midtown is in the Sutter District near Capital Mall, Crocker Art Museum and the Old Sacramento Waterfront, the Hyatt House is a remodel of the Eastern Star Hall building. It features Moorish and Byzantine architectural elements from 1928. Amenities include a fitness center and 700 square feet of meeting space. The hotel is owned by Hume Development.

“Twenty Four Seven Hotels provides a seamless pre-opening experience that is invaluable to our partnership,” said Roger Hume, president, Hume Development. "The level of brand knowledge and hotel expertise is unparalleled in the industry."

The five-story Hyatt Place Newark/Silicon Valley is near NewPark Mall and Highway 880. Nearby are Mission Peak Regional Preserve, Central Park and Levi’s Stadium. The hotel provides a fitness center, indoor pool, business center and 2,000 square feet of meeting space.

Hampton Inn & Suites Marina is near Marina State Beach and is owned by Exdev. It is also near the Monterey Peninsula Recreational Trail within Fort Ord Dunes State Park and the John Steinbeck Monument and the Monterey Bay Aquarium. Facilities include an indoor heated pool, fitness center and 1,280 square feet of meeting space.

The four-story Holiday Inn Express Chino Hills is close to Big League Dreams, The Shoppes at Chino Hills, Chino Airport and Ontario International Airport. It provides an outdoor pool, fitness center and 449 square feet of meeting space.

“This marks our second and third hotels with Twenty Four Seven Hotels, and we look forward to future endeavors,” said Phyllis Shih, managing director, Exdev. “They provide a consistency of performance and proactive nature in providing new solutions, initiatives and ideas. Furthermore, their size allows them to provide direct access to senior leadership, which is a benefit in our industry.”

Twenty Four Seven Hotels reported better than the national average performance in the first quarter of 2022. Founded in 2004, the firm specializes in the branded select-service segment. Its portfolio includes 25 hotels in four states with approximately 3,200 rooms nationwide.

Building relationships, watching their size

At the recent Lodging Conference in Phoenix, Amanda Hawkins-Vogal, Twenty Four Seven’s executive vice president of operations and guest service talked to Asian Hospitality about the recent acquisitions and the company’s overall strategy. She said they emphasize building a strong relationship with the hotel owners with whom they partner.

“We have a wide spectrum of investors, some of those investors that have never owned a hotel before,” Hawkins-Vogal said. “We have partnered with Choice [Hotels International] in the Canberra LAX, and they're obviously a big, publicly traded company. So, it's everything from one end to the other, and having that relationship in the beginning really helps cement it with the brand.”

That relationship becomes more important when handling less experienced owners, she said.

“When you're a brand-new operator-owner, you don't know what you don't know,” Hawkins-Vogal said. “We're very mindful of that. No one woke up and knew everything about hotels, so we're very cognizant of new investors and we try and help them to understand, but not in a superficial way.”

Hawkins-Vogal said the recent acquisitions in California are not the end of the company’s expansion. However, there is a limit.

“We will be over, I would say, over 30 by the end of the year. The sweet spot to me is 50 to 60,” she said. “I have four regional ops people with over 25 hotels, so when you calculate that out, it's really good for the investor, it's really good for the hotels, and it's really good for the guests, because you've got somebody that's not trying to do 15, 20 hotels. How can you do that? You can't do that.”

Currently, most of its hotels are in the Western U.S., in California, Nevada, Arizona and Idaho, and Hawkins-Vogal said there are no real plans to change that. The company knows its markets now, she said, because their regional teams live there.

“We can't be all things to all people,” Hawkins-Vogal said. “If you're big you can, if you've got a huge infrastructure. But we like what we do and we like that market. It's good. We can talk intelligently on our markets, we have our retail revenue people in the markets. So, we have no designs on New York City.”

More for you

Trump’s Proposed Visa Fee Threatens Seasonal Hospitality Workforce

Report: Trump visa fee sparks summer staffing fears

Summary:

  • Trump’s proposed $250 Visa Integrity Fee faces pushback from groups relying on seasonal J-1 workers from Latin America and Asia.
  • J-1 visa holders often work as housekeepers, amusement park staff, and lifeguards from pre-season through Labor Day; more than 300,000 use the visa annually.
  • DHS and the State Department have not clarified how the fee will be implemented or who qualifies for a refund.

A $250 VISA Integrity Fee in President Donald Trump’s Big Beautiful Bill is drawing criticism from groups that rely on seasonal workers from Latin America and Asia on J-1 and other visas, Newsweek reported. The organizations warn the cost, though sometimes refundable, could reduce the summer workforce that supports U.S. beach towns and resorts.

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
G6 Hospitality Launches 24/7 Guest Support From August 1
Photo credit: G6 Hospitality

G6 launching 24x7 guest support on Aug. 1

Summary:

  • G6 Hospitality will launch 24x7 guest support on Aug. 1, expanding the current 18-hour window.
  • Escalations from phone, email and social media will be handled promptly by trained staff.
  • The service supports G6’s tech and service investments, including the AI-powered My6 app.

G6 HOSPITALITY, PARENT of Motel 6 and Studio 6, will launch a 24x7 customer support service for guests starting Aug. 1. The service extends the previous 18-hour window to full-day availability via phone, email and social media.

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