Everhome Suites Debuts First Hotel Reflecting Brand Standard Prototype in Nampa, Idaho to Meet Growing Demand in Market

Rhea-AI Summary

Choice Hotels International, Inc. announced the opening of Everhome Suites in Nampa, Idaho, marking the midscale extended stay brand's third opening. The property is anticipated to meet hotel demand resulting from the booming commercial development and population growth in the Boise area. With over 60 Everhome Suites in development, Choice Hotels continues its growth in the extended stay segment. The Nampa hotel incorporates local community touches and local food offerings. Choice Hotels also announced a future pipeline of more than 400 extended stay properties across four brands.

Positive

• Choice Hotels International, Inc. continues to expand its Everhome Suites brand, opening the third property in Nampa, Idaho, catering to the growing demand in the area.

• The Everhome Nampa hotel is designed with locally inspired artwork, local food offerings, and signature spaces, reflecting the brand's Closer to Home design package.

• Choice Hotels' collaboration with Highside Companies for the development of Everhome properties showcases a strong partnership for future growth in the extended stay segment.

Negative

• While the opening of Everhome Suites in Nampa, Idaho is positive for Choice Hotels International, Inc., the increasing competition in the extended stay market may impact the brand's future growth potential.

• The growth projections for Nampa, Idaho, although positive for the hotel demand, may also bring challenges in terms of oversaturation and increased operating costs for Everhome Suites.

Everhome Suites Continues to Grow with its Third Opening and Over 60 Hotels in the Pipeline

NORTH BETHESDA, Md., May 13, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) announced the opening of Everhome Suites in Nampa, Idaho, marking the midscale extended stay brand's third opening, with more than 10 open hotels forecasted within the next year. The Nampa hotel exemplifies the brand's Closer to Home design package, incorporating local community touches into signature spaces. The property is anticipated to meet hotel demand resulting from the booming commercial development and population growth in the Boise area.

"With over 60 Everhome Suites in various stages of development and an extended stay pipeline of more than 400 properties across four brands, Choice is continuing its leadership and growth in extended stay," said Matt McElhare, vice president and extended stay segment lead. "We're excited to officially mark the opening of the third Everhome Suites and look forwarding to demonstrating the brand's performance as a first mover in lower midscale."

Standard design elements include locally inspired artwork throughout the hotel, local food and beverage offerings in the HomeBase market with grab-and-go technology, and a signature mural at the main entrance amplifying distinctive elements of the community in partnership with local artists. The Nampa mural, created by artist Jess Wagner, was inspired by the region and incorporates comforting design elements.

Everhome Nampa is the first of 8 properties that Choice has developed in collaboration with Highside Companies. "Our relationship with Choice continues to be a great collaboration, and we couldn't be prouder that the first of many Everhome properties has opened its doors," said Justin Roberts, chief executive officer of Highside Companies.

"The Everhome brand was designed by developers for developers, and paired with the favorable demand fundamentals, it's no wonder it has continued to attract heightened interest from savvy commercial real estate investors," said Ron Burgett, senior vice president of extended stay development. "We're thrilled to work with Highside Companies and Superhost Hospitality in Nampa and look forward to collaborating on future properties."

Everhome Suites Nampa is situated at 16183 Idaho Center Blvd., just 20 minutes outside of Boise, blocks away from Amazon's recently opened fulfillment center and the Ford Idaho Center. Hotel demand in the market is expected to come from a mixture of healthcare, leisure, and advanced manufacturing. Projections show Nampa growing to an expected 150,000 residents by 2040, with recent migration leading to considerable commercial development. Nampa was ranked as the second fastest-growing city in the country in 2021.

The four-story, 122-room Everhome Nampa offers the comforts of home, including:

• Fully equipped kitchen with full-sized refrigerator, dishwasher, stovetop, microwave, flatware, cookware and plenty of counter space to prepare meals
• Spa-style bathrooms with high-quality fixtures
• Large closets and additional open and closed storage
• Pet-friendly
• Free WiFi
• Contemporary multipurpose lobby
• Outdoor area with barbeque grills, firepits, and green spaces
• Meeting space for business gatherings
• 24/7 self-serve, tech-enabled Homebase Market with food, beverages and groceries
• 24/7 fitness center with state-of-the-art cardio and strength-training equipment
• 24/7 guest laundry facilities

Everhome Suites participates in Choice Privileges, the award-winning rewards program where members earn points on eligible charges during their stay, which can be redeemed for reward nights at more than 7,000 Choice-branded hotels across a diverse portfolio of brands in 46 countries and territories. With the Choice Privileges Mastercard, members can earn more points faster, including on everyday purchases. 

Choice Hotels, with a franchise-first focus and an industry-leading retention rate, has been committed to providing its hotel owners with the support they need to succeed since it launched the country's first hotel chain in 1941. Today, Choice offers franchisees a suite of cutting-edge cloud-based solutions, including the choiceEDGE guest reservation platform and the choiceADVANTAGE property management system to help franchisees effectively manage room rates, distribution channels, and inventory. Additionally, Choice University, the most widely awarded learning program in the hospitality industry, delivers customized and always evolving learning and development resources. From pre-opening to grand opening and every day forward, Choice provides hotel owners with best-in-class resources to help them maximize the return on their investment. 

For more information on Everhome Suites development opportunities, visit https://choicehotelsdevelopment.com/everhome-suites.

Everhome Suites®: Closer to Home 
The Everhome Suites brand provides a Closer to Home™ experience that enables guests to live life on their terms during longer-term stays. The new construction midscale hotels are designed to help extended stay guests maintain routine on the road with spacious suites with long stay amenities featuring fully equipped kitchens, spa-style bathrooms, and customizable "me" spaces, including movable workstations, full-size closets, and additional storage. Everhome Suites properties have modern and sophisticated public spaces, 24/7 fitness centers with Peloton bikes, guest laundry facilities, free Wi-Fi, and self-service marketplaces with a variety of fresh and frozen meal and grocery options. For more information, visit www.choicehotels.com/everhome-suites.  

About Choice Hotels® 
Choice Hotels International, Inc. (NYSE: CHH) is one of the largest lodging franchisors in the world. The challenger in upscale and a leader in midscale and extended stay, Choice® has nearly 7,500 hotels, representing more than 630,000 rooms, in 45 countries and territories. A diverse portfolio of 22 brands that range from full-service upper upscale properties to midscale, extended stay and economy enables Choice^® to meet travelers' needs in more places and for more occasions while driving more value for franchise owners and shareholders. The award-winning Choice Privileges® rewards program and co-brand credit card options provide members with a fast and easy way to earn reward nights and personalized perks. For more information, visit www.choicehotels.com. 

About Highside Companies
Founded in 2019, Highside Companies is a Denver-based real estate company, with nearly $875 million in active projects across the U.S. and Canada. Under the direction of a leadership team with more than a century of combined experience in every aspect of the commercial real estate lifecycle, Highside offers best-in-class investment, investment management, and development solutions across multiple asset classes. For more information, visit www.highsidecompanies.com.

Forward-Looking Statements
This communication includes "forward-looking statements" about future events, including anticipated hotel openings. Such statements are subject to numerous risks and uncertainties, including construction delays, availability and cost of financing and the other "Risk Factors" described in our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q, any of which could cause actual results to be materially different from our expectations.

Addendum
This is not an offering. No offer or sale of a franchise will be made except by a Franchise Disclosure Document first filed and registered with applicable state authorities. A copy of the Franchise Disclosure Document can be obtained through contacting Choice Hotels International at 915 Meeting St, North Bethesda, MD 20852, email: development@choicehotels.com.

© 2024 Choice Hotels International, Inc. All Rights Reserved

 

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SOURCE Choice Hotels International, Inc.

FAQ

Where is the Everhome Suites in Nampa, Idaho located?

The Everhome Suites in Nampa, Idaho is located at 16183 Idaho Center Blvd, just 20 minutes outside of Boise.

What are some key features of the Everhome Nampa hotel?

The Everhome Nampa hotel offers fully equipped kitchens, spa-style bathrooms, large closets, pet-friendly accommodations, free WiFi, a contemporary lobby, outdoor areas with amenities, meeting space, fitness center, and guest laundry facilities.

What is Choice Hotels International, Inc.'s collaboration with Highside Companies for Everhome properties?

Choice Hotels has developed the first of 8 properties in collaboration with Highside Companies for the Everhome brand, showcasing a strong partnership for future growth.

What is the future pipeline of extended stay properties for Choice Hotels International, Inc.?

Choice Hotels announced a future pipeline of more than 400 extended stay properties across four brands, emphasizing its commitment to growth in the extended stay segment.

What is the Everhome brand's focus on in terms of guest experience?

The Everhome brand focuses on providing a Closer to Home experience for guests during longer-term stays, offering spacious suites with amenities like fully equipped kitchens, spa-style bathrooms, and customizable workspaces.