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WoodSpring Hotels

Full company profile

uuid0006322

Namestring
WoodSpring Hotels
Legal namestring
Choice Hotels International, Inc.
Websiteurl
woodspring.com
Company typeenum
Private
Founded yearint
2003
Descriptiontext

WoodSpring Hotels operates an economy extended-stay hotel franchise brand under Choice Hotels International, Inc. (NYSE: CHH), with 265+ locations across the United States as of Q1 2025. Founded in 2003 and acquired by Choice Hotels on February 1, 2018 (rebranded from Value Place to WoodSpring Suites in 2015), the brand offers suite-style accommodations featuring in-room kitchens (two-burner cooktop, full-size refrigerator/freezer, microwave, prep sink), weekly and monthly rate plans, and pet-friendly options at most properties. WoodSpring has been ranked #1 in guest satisfaction among economy extended-st stay hotel brands by J.D. Power for four consecutive years (2022-2025).

The brand operates a standardized operational platform across all franchised properties: a centralized Choice Hotels reservations engine, the proprietary Simply CLEAN 99-point housekeeping program with bi-weekly stay-over service and annually recertified staff, free high-speed Wi-Fi, smoke-free hotels, 24/7 guest laundry, and the Choice Privileges loyalty program. Distribution occurs through the woodspring.com direct booking engine, a toll-free reservations line (844.974.6835), a dedicated Major/National Accounts and Global Sales Team for corporate negotiated rates, individual hotel front desks, and third-party OTAs (Expedia, Booking.com) connected via the Choice Hotels global distribution system.

Revenue is generated through franchise fees paid by independently owned and operated properties to Choice Hotels, plus ancillary transactional revenue at the property level (pet fees, kitchen pack purchases, premium Wi-Fi tiers, linen exchanges). Target customers span project-based workers in construction, IT, energy, and medical verticals; corporate accounts and business travelers on long-term assignments; military and government personnel; relocating families; and leisure tourists. Weekly rates average 34% and monthly rates average 44% savings per night versus nightly rates, anchoring a value proposition built around cost-efficient long-duration stays.

Short descriptiontext

WoodSpring Hotels is an economy extended-stay hotel franchise brand under Choice Hotels International, operating 265+ locations across the United States offering suite-style rooms with in-room kitchens and discounted weekly and monthly rates for project-based workers, healthcare travelers, military personnel, and relocating families.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersRockville, United States
HQ citystring
Rockville
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
extended stay hotels, economy hotel franchising, suite accommodations, hotel reservations, weekly hotel rates
Industry1 code
1Extended-Stay Suites (Kitchenette/All-Suite)
CodeTHAGAEACPrimaryYes
NAICS code1 code
  • Hotels (except Casino Hotels) and Motels72111
SIC code1 code
  • Hotels & Motels7011
Product category
Economy Extended Stay Hotels
Social media profiles2 records
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1Franchise Fees and Room Revenue
TypeSubscription Recurring
Description

WoodSpring Suites operates as a franchise brand under Choice Hotels International. All WoodSpring Suites hotels are independently owned and operated under franchise agreements. Revenue is generated through room night sales at each franchised property, with franchise fees paid to Choice Hotels. Room rates vary by property and length of stay, with nightly, weekly, and monthly rate options.

woodspring.com
2Extended Stay Ancillary Revenue
TypeTransaction Fee
Description

Additional revenue streams include pet fees at pet-friendly locations, linen exchange services for more frequent housekeeping, and sale of kitchen packs (Simply Cooking and Simply Dining packs) and coffee makers at front desks. Extended stay guests may also purchase higher-speed Wi-Fi tiers at select locations.

woodspring.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels6 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Operations, Personnel, Marketing or Sales, Infrastructure, Supply Chain
Pricing details3 tiers
1Nightly Rates - Standard 1-6 night stays
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Standard nightly rate applies for stays of 1-6 nights. Rates vary by property and dates. Check-in starts at 3PM, check-out at 11AM.

woodspring.com
2Weekly Rates - 7 to 13 night extended stays
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Weekly extended stay discount plan (SBASE2) offering approximately 34% savings per night on average compared to nightly rates. No promo code required when booking 7+ nights on the website.

woodspring.com
3Monthly/Long Stay Rates - 30+ nights
ModelUnit PricingBilling cadenceMonthly
Notes

Monthly rate plan offering approximately 44% savings per night on average compared to nightly rates. Rates are subject to change at each renewal.

woodspring.com
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

WoodSpring Suites is an economy extended stay hotel brand operating through a franchise model under Choice Hotels International, offering all-suite accommodations with in-room kitchens, tiered nightly/weekly/monthly rates, and standardized housekeeping. The brand serves 265+ locations across the United States with weekly rates averaging 34% per-night savings and monthly rates averaging 44% per-night savings versus nightly pricing.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Guests save an average of 34% per night on weekly hotel rates compared to nightly rates
+3 more records
Product overview1 text field

WoodSpring Suites operates as an extended stay hotel brand under Choice Hotels International, offering a portfolio of over 265 locations across the United States. The core product consists of suite-style accommodations designed for stays of a week or longer, featuring in-room kitchens with essential appliances. The offering is structured around tiered pricing: nightly rates, weekly rates (averaging 34% savings), and monthly rates (averaging 44% savings). Add-on modules include pet-friendly accommodations, smoke-free options, and the Simply CLEAN housekeeping program. The brand targets construction crews, IT professionals, medical professionals, energy sector workers, tourists, military personnel, and homeowners in transition.

Product and service1 record
1WoodSpring Suites Extended Stay Hotel Stays
CategoryExtended Stay Hotels
Description

All-suite extended stay accommodations with in-room kitchens, free Wi-Fi, and pet-friendly options available at most locations. Serves individual travelers, project-based workers, relocating families, corporate accounts, and leisure tourists needing stays of a few nights up to several months.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2018-02-01
Description

On February 1, 2018, WoodSpring Suites (formerly WoodSpring Hotels) were acquired by Choice Hotels International. All WoodSpring Suites hotels are independently owned and operated as franchised properties under the Choice Hotels International extended stay hotel inventory. Choice Hotels provides the franchise platform including the reservations system, brand standards (Simply CLEAN program), Choice Privileges loyalty program, and marketing infrastructure.

Recent move8 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Hilton's midscale all-suite extended stay brand with kitchens, rapidly expanding across the U.S. and competing with WoodSpring in secondary markets for long-stay project-based travelers.

TypeDirect peer
Description

IHG's upscale extended stay brand with in-suite kitchens and evening socials, competing for the longer-stay corporate and project-worker segment that overlaps with WoodSpring's weekly/monthly rate offerings.

TypeBroad incumbent
Description

Hyatt's upscale extended stay brand with full kitchens targeting long-stay business and project-based travelers, representing a higher-tier competitor in the same weekly/monthly stay category.

TypeDirect peer
Description

Choice Hotels' midscale extended stay brand and sister brand to WoodSpring, offering suite-style rooms with kitchens for extended stays — directly comparable product targeting similar customer segments.

TypeBroad incumbent
Description

Marriott's upscale extended stay brand with full kitchens and longer-stay focus, competing for higher-end project-based and relocating guests and reflecting broader category economics.

TypeDirect peer
Description

Extended stay economy hotel brand with weekly and monthly rates and in-room kitchens, directly competing with WoodSpring for value-driven long-stay guests across the U.S.

TypeDirect peer
Description

Operates the largest dedicated economy extended stay hotel footprint in the U.S., directly competing with WoodSpring for the same project-based and budget-conscious long-stay customer segments.

TypeBroad incumbent
Description

Marriott's midscale extended stay brand with kitchens designed for stays of five nights or more, competing in the same mid-tier weekly/monthly segment where WoodSpring operates.

TypeDirect peer
Description

IHG's midscale extended stay brand offering suite-style accommodations with kitchens for weekly and monthly stays, competing in the same project-based traveler segment as WoodSpring.

10Suburban Studios
TypeDirect peer
Description

Choice Hotels' economy extended stay brand offering weekly and monthly rates, competing directly with WoodSpring under the same parent franchise platform.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers7 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

WoodSpring Hotels

Economy Extended Stay Hotelswoodspring.com

WoodSpring Hotels is an economy extended-stay hotel franchise brand under Choice Hotels International, operating 265+ locations across the United States offering suite-style rooms with in-room kitchens and discounted weekly and monthly rates for project-based workers, healthcare travelers, military personnel, and relocating families.

What WoodSpring Hotels does

WoodSpring Hotels operates an economy extended-stay hotel franchise brand under Choice Hotels International, Inc. (NYSE: CHH), with 265+ locations across the United States as of Q1 2025. Founded in 2003 and acquired by Choice Hotels on February 1, 2018 (rebranded from Value Place to WoodSpring Suites in 2015), the brand offers suite-style accommodations featuring in-room kitchens (two-burner cooktop, full-size refrigerator/freezer, microwave, prep sink), weekly and monthly rate plans, and pet-friendly options at most properties. WoodSpring has been ranked #1 in guest satisfaction among economy extended-st stay hotel brands by J.D. Power for four consecutive years (2022-2025).

The brand operates a standardized operational platform across all franchised properties: a centralized Choice Hotels reservations engine, the proprietary Simply CLEAN 99-point housekeeping program with bi-weekly stay-over service and annually recertified staff, free high-speed Wi-Fi, smoke-free hotels, 24/7 guest laundry, and the Choice Privileges loyalty program. Distribution occurs through the woodspring.com direct booking engine, a toll-free reservations line (844.974.6835), a dedicated Major/National Accounts and Global Sales Team for corporate negotiated rates, individual hotel front desks, and third-party OTAs (Expedia, Booking.com) connected via the Choice Hotels global distribution system.

Revenue is generated through franchise fees paid by independently owned and operated properties to Choice Hotels, plus ancillary transactional revenue at the property level (pet fees, kitchen pack purchases, premium Wi-Fi tiers, linen exchanges). Target customers span project-based workers in construction, IT, energy, and medical verticals; corporate accounts and business travelers on long-term assignments; military and government personnel; relocating families; and leisure tourists. Weekly rates average 34% and monthly rates average 44% savings per night versus nightly rates, anchoring a value proposition built around cost-efficient long-duration stays.

WoodSpring Hotels firmographics

Firmographics
Name
WoodSpring Hotels
Legal name
Choice Hotels International, Inc.
Website
https://woodspring.com
Company type
Private
Founded year
2003
Operating status
Operating
Headcount range
501–1,000 employees
Short description
WoodSpring Hotels is an economy extended-stay hotel franchise brand under Choice Hotels International, operating 265+ locations across the United States offering suite-style rooms with in-room kitchens and discounted weekly and monthly rates for project-based workers, healthcare travelers, military personnel, and relocating families.
Ownership category
akta.pro rank

WoodSpring Hotels industry classification

Industry
Product category
Economy Extended Stay Hotels
NAICS
Hotels (except Casino Hotels) and Motels (72111)
SIC
Hotels & Motels (7011)
akta.pro primary industry
Extended-Stay Suites (Kitchenette/All-Suite) (THAGAEAC)

Keywords

  • Extended stay hotels
  • Economy hotel franchising
  • Suite accommodations
  • Hotel reservations
  • Weekly hotel rates

Where WoodSpring Hotels is headquartered

Location

Headquarters

HQ city
Rockville
HQ country
United States
HQ region
North America

Offices1 record

Markets served

WoodSpring Hotels business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Operations, Personnel, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

  1. Franchise Fees and Room Revenue: WoodSpring Suites operates as a franchise brand under Choice Hotels International. All WoodSpring Suites hotels are independently owned and operated under franchise agreements. Revenue is generated through room night sales at each franchised property, with franchise fees paid to Choice Hotels. Room rates vary by property and length of stay, with nightly, weekly, and monthly rate options.
  2. Extended Stay Ancillary Revenue: Additional revenue streams include pet fees at pet-friendly locations, linen exchange services for more frequent housekeeping, and sale of kitchen packs (Simply Cooking and Simply Dining packs) and coffee makers at front desks. Extended stay guests may also purchase higher-speed Wi-Fi tiers at select locations.

Pricing tiers

ModelBillingPrice
Unit PricingPay-as-you-goNightly Rates - Standard 1-6 night stays
Unit PricingPay-as-you-goWeekly Rates - 7 to 13 night extended stays
Unit PricingMonthlyMonthly/Long Stay Rates - 30+ nights

Go-to-market motion2 records

Distribution channels6 records

Marketing channels6 records

WoodSpring Hotels product offering

Product offering

Core offering

WoodSpring Suites is an economy extended stay hotel brand operating through a franchise model under Choice Hotels International, offering all-suite accommodations with in-room kitchens, tiered nightly/weekly/monthly rates, and standardized housekeeping. The brand serves 265+ locations across the United States with weekly rates averaging 34% per-night savings and monthly rates averaging 44% per-night savings versus nightly pricing.

Product overview

WoodSpring Suites operates as an extended stay hotel brand under Choice Hotels International, offering a portfolio of over 265 locations across the United States. The core product consists of suite-style accommodations designed for stays of a week or longer, featuring in-room kitchens with essential appliances. The offering is structured around tiered pricing: nightly rates, weekly rates (averaging 34% savings), and monthly rates (averaging 44% savings). Add-on modules include pet-friendly accommodations, smoke-free options, and the Simply CLEAN housekeeping program. The brand targets construction crews, IT professionals, medical professionals, energy sector workers, tourists, military personnel, and homeowners in transition.

Differentiator

Problem solved

Functional benefit

Products and services

  • WoodSpring Suites Extended Stay Hotel Stays All-suite extended stay accommodations with in-room kitchens, free Wi-Fi, and pet-friendly options available at most locations. Serves individual travelers, project-based workers, relocating families, corporate accounts, and leisure tourists needing stays of a few nights up to several months.

Quantifiable outcome

  • Guests save an average of 34% per night on weekly hotel rates compared to nightly rates
  • +3 more outcomes

Companies that use WoodSpring Hotels

Customer profile

Named customers7 records

Segments4 records

Ideal customer profiles5 records

WoodSpring Hotels technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

WoodSpring Hotels partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Choice Hotels InternationalcoreStrategic or Co-development Partner · 1 February 2018On February 1, 2018, WoodSpring Suites (formerly WoodSpring Hotels) were acquired by Choice Hotels International. All WoodSpring Suites hotels are independently owned and operated as franchised properties under the Choice Hotels International extended stay hotel inventory. Choice Hotels provides the franchise platform including the reservations system, brand standards (Simply CLEAN program), Choice Privileges loyalty program, and marketing infrastructure.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

WoodSpring Hotels competitors and assessment

Company assessment

Direct peers

  • Home2 Suites by Hilton: Hilton's midscale all-suite extended stay brand with kitchens, rapidly expanding across the U.S. and competing with WoodSpring in secondary markets for long-stay project-based travelers.
  • Staybridge Suites: IHG's upscale extended stay brand with in-suite kitchens and evening socials, competing for the longer-stay corporate and project-worker segment that overlaps with WoodSpring's weekly/monthly rate offerings.
  • MainStay Suites: Choice Hotels' midscale extended stay brand and sister brand to WoodSpring, offering suite-style rooms with kitchens for extended stays — directly comparable product targeting similar customer segments.
  • InTown Suites: Extended stay economy hotel brand with weekly and monthly rates and in-room kitchens, directly competing with WoodSpring for value-driven long-stay guests across the U.S.
  • Extended Stay America: Operates the largest dedicated economy extended stay hotel footprint in the U.S., directly competing with WoodSpring for the same project-based and budget-conscious long-stay customer segments.
  • Candlewood Suites: IHG's midscale extended stay brand offering suite-style accommodations with kitchens for weekly and monthly stays, competing in the same project-based traveler segment as WoodSpring.
  • Suburban Studios: Choice Hotels' economy extended stay brand offering weekly and monthly rates, competing directly with WoodSpring under the same parent franchise platform.

Broad incumbents

  • Hyatt House: Hyatt's upscale extended stay brand with full kitchens targeting long-stay business and project-based travelers, representing a higher-tier competitor in the same weekly/monthly stay category.
  • Residence Inn by Marriott: Marriott's upscale extended stay brand with full kitchens and longer-stay focus, competing for higher-end project-based and relocating guests and reflecting broader category economics.
  • TownePlace Suites by Marriott: Marriott's midscale extended stay brand with kitchens designed for stays of five nights or more, competing in the same mid-tier weekly/monthly segment where WoodSpring operates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

WoodSpring Hotels social profiles

Digital presence

WoodSpring Hotels financial estimates

Financial estimate

Revenue estimate

Valuation estimate

WoodSpring Hotels leadership team

Management profile

Number of profiles

WoodSpring Hotels funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

WoodSpring Hotels M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about WoodSpring Hotels

What does WoodSpring Hotels do?

WoodSpring Suites is an economy extended stay hotel brand operating through a franchise model under Choice Hotels International, offering all-suite accommodations with in-room kitchens, tiered nightly/weekly/monthly rates, and standardized housekeeping. The brand serves 265+ locations across the United States with weekly rates averaging 34% per-night savings and monthly rates averaging 44% per-night savings versus nightly pricing.

Is WoodSpring Hotels a public or private company?

WoodSpring Hotels is a private company. It is classified as corporate owned and is currently operating.

When was WoodSpring Hotels founded?

WoodSpring Hotels was founded in 2003. It employs 501 to 1,000 people.

Where is WoodSpring Hotels based?

WoodSpring Hotels is headquartered in Rockville, United States, in the North America region.

How does WoodSpring Hotels make money?

Two revenue lines are on record. Franchise Fees and Room Revenue is the primary driver. The others are extended Stay Ancillary Revenue.

Who are WoodSpring Hotels's main competitors?

Direct peers on record are Home2 Suites by Hilton, Staybridge Suites, MainStay Suites, InTown Suites, Extended Stay America, Candlewood Suites and Suburban Studios. Broad incumbents are Hyatt House, Residence Inn by Marriott and TownePlace Suites by Marriott.

Does WoodSpring Hotels have an API?

No public API is recorded for WoodSpring Hotels.

What industry is WoodSpring Hotels in?

WoodSpring Hotels's product category is Economy Extended Stay Hotels. Its primary akta.pro industry code is THAGAEAC, Extended-Stay Suites (Kitchenette/All-Suite). Its NAICS code is 72111 and its SIC code is 7011.

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Live signals
Simply Wall StDoes WoodSpring’s Five-Year JD Power Streak Redefine the Brand Moat for Choice Hotels (CHH)?WoodSpring Suites ranked #1 in JD Power's 2026 North America Hotel Guest Satisfaction Index, its fifth consecutive year. Choice Hotels projects $1.8B revenue and $393.9M earnings by 2029, requiring 21.6% annual revenue growth. The win reinforces extended stay strength but does not offset soft demand risks.Hospitality NetChoice Hotels International's WoodSpring Suites® Ranked #1 Economy Extended Stay Hotel Brand in the JD Power 2026 North America Hotel Guest Satisfaction Index StudyChoice Hotels International's WoodSpring Suites brand has been ranked #1 in the Economy Extended Stay Hotel category in the JD Power 2026 North America Hotel Guest Satisfaction Index Study for the fifth consecutive year, scoring highest across all six evaluated dimensions including guest room, hotel facility, and value for price. The brand operates 583 open properties nationwide with an additional 280 projects in the pipeline and 29 hotels under construction as of Q1 2026. This recognition reinforces WoodSpring Suites' leadership position in the extended stay segment, where Choice Hotels has built a diverse portfolio of brands designed to meet varying traveler needs while driving long-term value for owners.PR NewswireChoice Hotels International's WoodSpring Suites® Ranked #1 Economy Extended Stay Hotel Brand in the JD Power 2026 North America Hotel Guest Satisfaction Index StudyChoice Hotels International announced that its WoodSpring Suites brand has been ranked #1 in the Economy Extended Stay Hotel Brand category in the JD Power 2026 North America Hotel Guest Satisfaction Index Study, marking the fifth consecutive year it has achieved this distinction. The brand earned top scores across all six evaluated dimensions including guest room, hotel facility, hotel staff, value for price, hotel connectivity, and check-in/check-out, based on responses from 44,787 hotel guests surveyed between May 2025 and May 2026. The recognition underscores the brand's continued expansion with over 293 open locations, 280 projects in the pipeline, and 29 hotels under construction as of Q1 2026.Stock TitanChoice Hotels: WoodSpring No. 1 Economy Stay Brand AgainChoice Hotels International's WoodSpring Suites brand has been ranked #1 in the economy extended stay category in the JD Power 2026 North America Hotel Guest Satisfaction Index Study for the fifth consecutive year. The brand achieved top rankings across all six evaluated dimensions, including guest room, hotel facility, hotel staff, value for price, connectivity, and check-in/check-out processes. As of Q1 2026, WoodSpring Suites has 583 open properties with an additional 280 projects in development pipeline.MorningstarGreat Guest Rooms, Improved Hotel Upkeep Drive Surge in Hotel Guest Satisfaction, JD Power FindsJD Power's 2026 North America Hotel Guest Satisfaction Index study shows overall satisfaction rose 13 points to 665, with value for prices paid leading at +18. AI tools are reshaping hotel research, with Gen Y and Gen Z using them. The study, now in its 30th year, benchmarks 104 brands across nine segments.CostarWhy Noble CEO believes in long-term investment in extended-stay accommodationsNoble Investment Group founder and CEO Mit Shah said at the Americas Lodging Investment Summit that extended-stay hotels represent a compelling long-term investment opportunity, citing a persistent market gap for guests seeking monthslong stays with safety and reliability. The company recently acquired a portfolio of 14 WoodSpring Suites hotels in January as part of its strategy to shift two-thirds of revenue to customers staying 30-plus nights, a model Shah calls "extended stay 2.0" that drives higher margins through reduced housekeeping costs and stickier customer relationships. Major hotel brands Marriott International and Hilton have also launched apartment-focused brands catering to monthslong stays, reflecting broader industry investment in this segment.Hotel-OnlineNoble Continues Expansion of Branded Long-Term Accommodations Platform With 14-Property Portfolio AcquisitionNoble Investment Group announced the acquisition of a 14-property portfolio of Woodspring Suites hotels on January 21, 2026. The portfolio is located across high-growth U.S. markets and was acquired at a basis meaningfully below replacement cost, with strong in-place operating performance. The transaction represents a core component of Noble's Branded Long-Term Accommodations growth pipeline and supports the firm's strategy of deploying institutional capital into scalable operating investments for long-term value creation.PR NewswireNoble Continues Expansion of Branded Long Term Accommodations Platform with 14-Property Portfolio AcquisitionNoble Investment Group announced the acquisition of a 14-property portfolio of Woodspring Suites extended-stay hotels across high-growth U.S. markets. The properties are recently developed, exhibit strong in-place operating performance, and were acquired at a basis meaningfully below replacement cost. The transaction represents a core component of Noble's Branded Long-Term Accommodations growth strategy and supports the firm's deployment of institutional capital into scalable, operating-oriented investments.CimgroupCIM Group Closes $167,670,000 Loan to Affiliates of Concord Hospitality and Whitman Peterson to Recapitalize a 15-Property WoodSpring Suites Extended Stay Hotels PortfolioCIM Group announced that its CIM Real Estate Debt Solutions business closed a $167.67 million loan package to affiliates of Concord Hospitality and Whitman Peterson to recapitalize a 15-property WoodSpring Suites extended stay hotel portfolio in Florida, Michigan, North Carolina, and Tennessee. The initial funding is $117.67 million with an additional $50 million available for earn-out opportunities and potential portfolio expansion. The transaction reflects CIM Group's continued focus on the hospitality sector, following a recent $75 million loan for a select-service hotel in San Diego, with CIM-managed funds having originated over $1 billion in commercial real estate loans in 2025.RbjIndus expands Henrietta hotels and boosts MCC, RIT pathwaysIndus Hospitality Group is developing a 123-room WoodSpring Suites hotel at 1180 Jefferson Rd. in Henrietta, New York, at a cost of $15.1 million, with the project approved for nearly $600,000 in tax exemptions by COMIDA. The extended-stay hotel aims to address Rochester's need for modern inventory to attract conventions, conferences, and sporting events. Indus is simultaneously strengthening its partnership with Monroe Community College and RIT's Saunders School of Business, providing internships and career pathways for hospitality students as part of its workforce development initiative.