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Tag Archives: Extended Stay Hotels

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The Top and Bottom Lines

Developers are attracted to extended-stay (ES) hotels because of the relative simplicity of their operations and their high profit margins. Low levels of staffing combined with limited offerings of services and amenities allow for a significant portion of topline revenues ...

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Homewood Suites Opens New Hotel in Iowa

Homewood Suites Opens New Hotel in Iowa

McLean, Va.—Homewood Suites by Hilton announced the opening of its newest property in Coralville – Iowa River Landing, Iowa. Creating 20 permanent jobs, the six story, 95-suite hotel is owned by Cantilever Hotels, LLC / Lincoln and Lisa McIlravy and ...

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Value Place Secures $100 Million Private Equity Investment

Value Place Secures $100 Million Private Equity Investment

WICHITA, Kan.—Value Place announced today that it has secured a $100 million capital investment from Lindsay Goldberg LLC, a private equity firm with $10 billion of total capital under management. The transaction, along with planned successive investments, equips Value Place ...

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