LivAway Suites® Marks Exciting Growth with Phoenix Expansion
LivAway Suites® Expands Presence in Phoenix
LivAway Suites® and West77 Partners have embarked on an exciting journey to enhance their footprint in the Phoenix market by groundbreaking a new extended-stay hotel in Tolleson. This endeavor marks the beginning of a strategically ambitious plan to introduce multiple locations throughout the Valley, positioning LivAway Suites as a forerunner in the rapidly growing extended-stay hotel sector.
Strategic Expansion Plans
Plans are in motion for six LivAway Suites properties to commence construction across Arizona in the coming year. With a strong focus on creating an elevated experience for extended stays, the partnership views this region as a land of opportunities. The establishment of a new West77 Partners office in the area reinforces this aim, enabling them to catalyze the growth of LivAway Suites and broaden their influence across the region.
Meeting Community Needs
“We are excited to bring LivAway Suites to the Phoenix market,” stated Dan Barrett, President of West77 Partners. Barrett highlighted Arizona’s burgeoning need for extended-stay accommodations, thanks to the diversity of its industries such as healthcare, technology, and manufacturing. As these sectors flourish, the demand for comfortable, long-term lodging options is rising.
Accommodating Diverse Visitors
The Tolleson area is centrally located near numerous essential services like the Banner Estrella Medical Center and Valleywise Behavioral Health Center—hospitals that cater to traveling medical personnel and families on extended visits. Additionally, its proximity to Luke Air Force Base, merely 12 miles away, attracts military personnel seeking comfortable accommodations. The local landscape also includes significant distribution centers such as Amazon and Target, bringing in business travelers who require long-stay facilities.
Community-Centric Approach
Dan Barrett further remarked, “Each new property is not just another location; it symbolizes our investment in the community and our commitment to forming meaningful connections. We are dedicated to creating environments that feel like a home away from home for our guests as they travel.” This philosophy illustrates LivAway Suites’ dedication to delivering not just service but value to each community they enter.
Significant Financial Investments
Looking at their growth trajectory, LivAway Suites has already allocated over $250 million into various locations nationwide within the past year and a half. With plans to invest an additional $500 million over the next couple of years, around $100 million of this investment is designated for the state of Arizona alone. Such significant financial commitment underscores the brand's determination to be a leader in the extended-stay market.
Commitment to Quality and Affordability
Kevin Dailey, Chief Operating Officer of LivAway Suites, highlighted their strategy, stating, “We are fully committed to expanding our reach in Arizona. Our goal is to ensure our offerings deliver premium experiences at competitive prices, allowing guests the best of both worlds: comfort and affordability.” This dual focus aims to set a new standard for extended-stay accommodations in the region.
Future Growth and Projections
LivAway Suites anticipates reaching 50 operational or under-construction locations across the country by late next year. Their collaboration with West77 Partners illustrates a shared vision for comprehensive nationwide coverage, with a keen focus on adaptive extended-stay accommodations that meet changing community demands.
About LivAway Suites
Based in Salt Lake City, Utah, LivAway Suites stands out as an innovative extended-stay hotel brand. It is dedicated to providing guests with essential comforts at accessible prices while revolutionizing the traditional franchise model. Their distinctive approach focuses on transparent pricing and strategic investment returns tailored for developers, ensuring a win-win for all stakeholders. For further details and bookings, visit www.livawaysuites.com.
Frequently Asked Questions
What is the significance of LivAway Suites expanding into Phoenix?
The expansion signifies LivAway Suites’ commitment to meeting the growing demand for extended-stay accommodations in a vibrant and diverse market.
How many locations does LivAway Suites plan to open in Arizona?
LivAway Suites plans to launch six new locations in Arizona as part of their expansion strategy.
What types of travelers does LivAway Suites cater to?
LivAway Suites caters to various travelers, including business professionals, medical personnel, and families seeking long-term stays.
How much investment is LivAway Suites making in Arizona?
LivAway Suites is expected to invest approximately $100 million in the state of Arizona in the coming years.
What sets LivAway Suites apart from other extended-stay hotels?
LivAway Suites focuses on providing a home-like experience with transparency in pricing and a commitment to community investment, which differentiates it from traditional extended-stay options.
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