Keyword: WoodSpring Suites
The property was opened in collaboration with Vikas Patel of Mountain View Hospitality, and is the third WoodSpring hotel to open in Greater Atlanta.
The 122-room WoodSpring Suites Reno Sparks joins Brookwood Hotels' portfolio of more than 100 WoodSpring hotels throughout the country.
The 122-room hotel is situated near the border of Maryland and Washington, D.C., providing guests with access to several hospitals and universities.
The new hotels will join Brookwood's existing portfolio of more than 100 WoodSpring-branded hotels across the U.S.
A collaboration between Choice Hotels International, Brookwood Hotels and Nationwide Hotel Management opened the Charlotte properties.
The increase equates to more than $11.9 billion in additional transaction volume this year.
After a strong first quarter, WoodSpring Suites has proven itself as a solid buy from Choice Hotels International.
Despite the uptick in sales, the question remains: Is 2018 the year to buy or sell? Look to your market for the answer.
Choice, like every major player in hospitality, is diversifying its business by planning ahead for when the cycle takes a turn for the worse.
When the deal closes, Wyndham Hotel Group will now command a total of 21 brands, with La Quinta clocking in at its third largest behind Super 8 and Days Inn.