Choice Hotels Opened 17 Mainstay Suites And Suburban Studios Since January 2024

Demand for extended stay hotels exceeds supply, and owning these hotels is a way to invest in the hottest segment in hospitality

Choice Hotels International, Inc. (NYSE: CHH) continues to lead in the extended stay segment, opening 17 MainStay Suites and Suburban Studios between January 1 and September 17, 2024. Breaking into the key markets of Las Vegas, Nevada (with a second hotel opening later this month); Moreno Valley, California; Orlando and Tampa, Florida, 16 of the 17 hotels opened across the two brands are conversions, with the average length of time between contract signing and doors opening around 120 days. Half of the nearly 70 properties in the pipeline for MainStay Suites and Suburban Studios are conversions, expected to open between September 2024 and March 2025. 

A first mover in the space, Choice Hotels extended stays conversion success builds on the company’s “Kitchen-in-a-Box” concept, a modular kitchen design that allows franchisees to quickly and easily convert almost any transient hotel into an extended stay hotel with kitchens in each room in as little as 3-4 months, enabling owners and developers to start offering extended stay rooms more quickly.

“Choice Hotels experience in conversions, along with innovative, turnkey solutions like kitchen-in-a-box, and our history of strong collaboration with developers, enables us to accelerate the time it takes to convert a typical transient hotel into an extended stay property,” said Ron Burgett, senior vice president, extended stay development at Choice Hotels. “With a team of experts dedicated to extended stay, we are able to support developers throughout the entire conversion process with extreme efficiency.”

“With Choice’s deep expertise in extended stay, our two conversion brands offer a great opportunity to enter the hottest category in hospitality, backed by the same support system that’s made WoodSpring Suites the most successful brand in the segment. From sales and marketing to training, developers can rely on dedicated resources to help maximize their return on investment,” said Matt McElhare, vice president and lead for extended stay brands for Choice Hotels.

The Suburban Studios guest profile includes blue collar infrastructure and construction workers, as well as seasonal workers and families. The MainStay Suites guest profile includes sports teams, medical professionals, business travelers, members of the military, mid-level blue collar workers, students, professors, medical patients, and people relocating or renovating their homes.

MainStay Suites and Suburban Studios offer the comforts of home with a fully equipped kitchen in every room with a full-sized refrigerator, stovetop, microwave, and plenty of counter space, as well as providing flatware and cookware. The guestrooms are clean and spacious allowing guests to unwind and relax or to catch up on work with free Wi-Fi.