LivAway Suites opened its first hotel located in the Salt Lake City metropolitan area. Salt Lake City was recently named the top job market in the country by the Wall Street Journal and became the first flag on the map for the economy extended-stay brand.
Having broken ground on this location in West Jordan, Utah, in June 2023, the 126-suite hotel was constructed in just over 12 months and has modernized suites with fully equipped kitchens and technological enhancements that improve the overall extended stay experience. According to West77 Partners, the developer of the hotel, the project was completed on schedule and below budget.
"LivAway Suites has an incredibly efficient design that gives you the most bang for buck I've seen in this segment," West77 Partners Chief Development Officer Paul Duncan said in a statement. "A lot of brands are trying to get into the economy extended-stay market, but LivAway Suites has incorporated decades of learning into its hotel design and operating system. Our budget savings on this project are evidence of that."
Via its Scandinavian-inspired architecture and design, finishes and tech-enabled rooms, the hotel uses a lean operating model. With one of the lowest franchise fee structures in hospitality and a physical layout that streamlines operations, according to LivAway Suites, it targets operational efficiencies to maximize return on investment.
"Three years ago, we created LivAway Suites to be the first hotel brand created for developers, by developers. Every decision made by the brand must translate to a higher return on investment for the real estate, otherwise we do not pursue it," said Kevin Dailey, COO for LivAway Suites. "With our number one goal always being the success of the real estate, LivAway Suites is able to achieve results that other brands simply cannot compete with."
In addition to the first grand opening in West Jordan, Utah, LivAway Suites continues to expand across the country via its eight groundbreakings over the last 11 months. LivAway Suites has plans to break ground on 20 more locations over the next year, making it one of the fastest growing new brands in its segment. LivAway Suites plans to open multiple other locations later this year in markets like Nashville, Washington State, Montana and more.
"This grand opening in West Jordan marks an incredible milestone for LivAway Suites," said Dailey. "It signals our rapid expansion as we remain on pace to have more than 50 hotels open and under construction by 2026. With larger guest suites, improved livability and a more thoughtful room layout, we know our guests will enjoy the fresh, modern approach to economy extended stay, that gives them everything they need and nothing they don't."