WoodSpring Suites, an extended-stay hotel brand, announces today that it has entered into a multi-unit agreement with Pure Strike Development, LP and CAMTOD Group to develop six new hotels in the Denver area over the next four years.
“We have chosen to partner again with WoodSpring Suites because of their consistent, high demand and proven operating model,” says Blake Schauer, principal partner at Pure Strike. ”WoodSpring Suites offers great support in the development and construction process, and leveraging the WoodSpring Suites expertise in this space will lead to a very successful relationship. We are pleased to expand our portfolio of WoodSpring Suites hotels to the Denver area.”
The development team is currently looking for hotel sites in the Denver area. The first hotel slated for the Denver area is planned to break ground in March of 2016 in Centennial. These hotels are marketed towards extended stay guests and will feature in-room kitchens and guest laundry facilities.
“This is the type of partnership we anticipated when we launched the WoodSpring Suites brand,” said Bruce Haase, CEO of WoodSpring Suites. “The WoodSpring Suites brand has strong appeal to developers and guests, and is a real asset to local communities. What better place than on the edge of the Rocky Mountains to expand our network of environmentally responsible WoodSpring Suites hotels.”
WoodSpring Suites is the fastest growing extended-stay hotel brand in the United States and the company expects to break ground on 30 new hotels by the end of the year.