Industry NewsSandpiper Hospitality Adds Two Hotels to its Management Portfolio

Sandpiper Hospitality Adds Two Hotels to its Management Portfolio

RICHMOND, Virginia—Sandpiper Hospitality, a Virginia-based hotel management company with expertise in the extended-stay segment, has entered the Colorado market and is expanding its presence in Texas with the addition of two new Savannah Suites Extended Stay hotels, one in Arvada, Colorado, and one in Pleasanton, Texas.

The 116-room metro Denver property has been repositioned as a Suburban Extended Stay hotel, part of the Choice Hotel Group. Sandpiper Hospitality will soon launch a renovation of the Arvada property, including extensive upgrades to guestrooms, public spaces, and the exterior of the hotel. Located near San Antonio, the 64-room Pleasanton, Texas hotel will continue to operate as a Savannah Suites hotel in the short term. Sandpiper Hospitality will relaunch and reposition the hotel in early 2022 with its own extended stay hotel brand. The company has plans for both hotels and has already started making improvements.

“In the first week of operation, we placed a $150,000 piece of business into the Suburban hotel, immediately providing a significant boost to the hotel’s occupancy and revenue,” said Trisha Grisko, corporate director of sales and marketing for Sandpiper Hospitality. “In Pleasanton, we are presented with an amazing opportunity to launch our own new independent hotel brand that will focus on the unique characteristics of extended stay segment while also highlighting what makes each individual location special.”

Both properties were purchased last month by Sandpiper Lodging Trust, a nationally-focused real estate investment trust recognized for specializing in extended stay lodging properties.

“Sandpiper Hospitality is enjoying this period of pronounced growth in the extended stay segment,” said President and CEO Jim Darter. “We have aggressive plans for expansion with third-party management in markets that include California, Florida, Virginia, North Carolina, Georgia, Nevada, and Minnesota.”

Approved by Marriott International, IHG Hotels & Resorts, Choice Hotels, and Extended Stay America to manage their select-service and extended stay brands, Sandpiper Hospitality now has a portfolio of 47 open and managed hotels in 13 different states. Last month, Sandpiper Hospitality added the Suburban Extended Stay Hotels brand to its roster with the management contract for North Carolina’s Suburban Extended Stay Hotel Camp Lejeune.

Sandpiper Hospitality continues to demonstrate its ability to combine a flexible approach to third-party management with financial results for its investors and clients.

RELATED ARTICLES

BWH Hotels’ Soft Brands Empower Independent Hotels with Global Strength 

As travelers increasingly seek authentic, locally inspired experiences, BWH Hotels is meeting the moment with a diverse portfolio of soft brands that blend individuality...

Waldorf Astoria New York to Reopen After Renovation

NEW YORK CITY—Waldorf Astoria New York offered the first looks at a restoration of the hotel’s architecture with new designs. The property, which closed...

J.D. Power: 2025 NAGSI Study Shows Hotel Guests Want Smart TVs, Good Hotel Mobile Apps

TROY, Michigan—Hotel guests in every segment feel they are getting better value for their travel dollar, and according to the J.D. Power 2025 North...

HREC Arranges Sale of Homewood Suites by Hilton Tampa-Brandon

DENVER, Colorado; TAMPA, Florida; ATLANTA, Georgia—HREC Investment Advisors announced that it has arranged the sale of the 126-guestroom Homewood Suites Tampa Brandon in Tampa,...

Nomadix Inc. Signs Strategic Agreement With TD SYNNEX

PLANO, TEXAS—Nomadix Inc. announced a distribution agreement with TD SYNNEX, a global distributor and solutions aggregator for the IT ecosystem. Through this agreement, Nomadix’s...

Hyatt Regency Times Square Opens

CHICAGO and NEW YORK—Hyatt Regency Times Square, Manhattan's first Hyatt Regency hotel, made its debut, and the property is now welcoming guests. The hotel...