Extended Stay America Inc., the largest mid-priced extended stay hotel brand, recently revealed the franchise conversion of an existing hotel in Katy, TX into an Extended Stay America property owned by an affiliate of Provident Realty Advisors Inc., a Dallas based developer with 28 years of real estate and development experience.
According to a prepared release, the 102-room franchised location will feature a fresh, contemporary interior design, a lobby concept with an open and inviting social space for guests, a barbeque area, on-site parking, a fitness room, a laundry room and a meeting room.
As with all Extended Stay America hotels, guests can create home-cooked meals away from home with fully equipped in-room kitchens including full size refrigerators and cooktops. The bright, spacious suites feature pillow-top beds, comfortable recliners and a large, flexible workspace. Each room also has extra personal device charging capability conveniently located near sitting and sleeping areas, enhanced free Wi-Fi speeds and high-definition televisions with premium cable.
“Houston continues to experience strong growth and now is the perfect time to expand the brand’s footprint in the area,” said Jim Alderman, Chief Development Officer for Extended Stay America. “Our newest franchise-owned Extended Stay America location in Katy will bring a vibrant, at-home feel to guests, while providing an affordable price and a convenient commute for guests traveling to major corporations and other destinations in the Houston area.”
Located only 20 miles from Houston, the franchise-owned hotel is easily accessible for business travelers commuting to the area, delivering on Extended Stay America’s promise to care for people who are building a better future for themselves and their families.
“This acquisition is a unique opportunity for Provident that allows us to be a part of a growing industry,” said Leon Backes, Founder and CEO of Provident Realty Advisors. “We are excited to grow into the hospitality realm and have found a great partner in Extended Stay America.”
This conversion marks the second of five hotels Provident committed to build or convert as part of their acquisition of the initial portfolio. All 18 Extended Stay America properties in the Provident portfolio are being operated by Aimbridge Hospitality, the world’s largest third-party hotel management company.