Skip to content

Search

Latest Stories

ESA Select Suites opens in Wildwood, FL

Southern Hospitality broke ground on the property in February 2024

ESA Extended Stay Select Suites Debuts in Wildwood, Florida

Southern Hospitality recently opened the four-story, 124-room Extended Stay America Select Suites Wildwood – The Villages in Wildwood, Florida.

Summary:

  • Orlando-based Southern Hospitality, led by President Nikesh Shah, recently opened Extended Stay America Select Suites Wildwood – The Villages in Wildwood, Florida.
  • The hotel offers apartment-style suites and a fitness center across 50,000+ square feet on 1.75 acres.
  • A recent ESA survey found extended-stay hotels outperform vacation rentals and apartments in comfort, value and sense of home.

Extended Stay America Select Suites Wildwood – The Villages is now open in Wildwood, Florida. The four-story, 124-room property, developed by Southern Hospitality, is the first to feature the Select Suites new-construction prototype.


Orlando-based Southern Hospitality, led by President Nikesh Shah, broke ground on the property in February 2024.

“We are excited to bring the Extended Stay America Select Suites concept to Wildwood and The Villages,” said Shah. “With our commitment to quality and service, we are thrilled to offer a comfortable and convenient home away from home for both long-term guests and those visiting the area for business or leisure.”

The hotel includes apartment-style suites and a fitness center, totaling more than 50,000 square feet on 1.75 acres, ESA said in a statement.

The Wildwood area includes manufacturing, distribution and agricultural facilities such as Charlotte Pipe and Foundry, Crevalle Boats, Gresco Utility Supply, Mapei and Primus Pipe & Tube, the statement said. It is also near The Villages, UF Health and HCA Florida hospitals and GatorWorld Parks of Florida.

Mark Williams, ESA’s managing director of franchise development, said the opening marks a milestone in the evolution of Extended Stay America Select Suites.

“This further strengthens the brand’s position as the fastest-growing economy extended-stay brand since its 2022 launch, now with more than 200 properties open nationwide,” he said. “We proudly support companies like Southern Hospitality that invest in their communities to provide extended-stay accommodations.”

A recent ESA survey found extended-stay hotels outperform vacation rentals and apartments in comfort, value and sense of home.

More for you

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.

Keep ReadingShow less