NORTH BETHESDA, Maryland—Selection Motels Worldwide, Inc. opened the Everhome Suites in Lexington, Kentucky. With this opening, the corporate has 4 Everhome Suites open, over 60 in growth, 20 below development, and greater than 10 are anticipated to open inside the subsequent 12 months. Within the class, Selection has greater than 400 properties within the pipeline throughout its 4 extended-stay manufacturers, as of the primary quarter of 2024. Selection’s home extended-stay lodge portfolio grew by 17.4 % from March 31, 2023, to March 31, 2024, pushed by will increase in financial system and midscale extended-stay manufacturers.
“At Selection Motels, we have been pioneers within the prolonged keep lodge class, and our first-mover benefit has been solidified by the efficiency monitor report of our prolonged keep manufacturers,” mentioned Matt McElhare, vp and lead for prolonged keep manufacturers, Selection Motels. “Our deep experience and complete understanding of prolonged keep have positioned us to assist our franchisees efficiently launch and broaden the Everhome Suites model throughout key markets together with Lexington, Kentucky. With a devoted workforce of practically 70 specialists, we offer unparalleled help from website choice and growth to operations, gross sales, and advertising and marketing. Our ongoing funding within the class ensures that we proceed to guide and innovate from the entrance within the highest alternative classes inside prolonged keep.”
Everhome Suites Lexington North is a four-story, 114-room lodge positioned off I-64. Developed by New Circle Investments and managed by H&W Motels, Everhome Suites will serve the College of Kentucky market and the better Lexington space. Friends can expertise Kentucky horse racing historical past at Crimson Mile Gaming & Racing, occasions on the Rupp Area, and go to the Central Financial institution Heart for conventions. This lodge has a mural that may be a tribute to native basketball stars, created by OSRS.