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Industry News

Marriott Plans New Midscale Extended-Stay Brand

June 5, 2023
2023-06-05
Hauppauge, NY
Hauppauge, Ny., June 5, 2023 - Marriott International Inc. has revealed plans to further expand in the affordable midscale lodging segment with the launch of a new midscale extended-stay brand, which has not yet been named but is currently being referred to as Project MidX Studios.
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Industry News

Extended-Stay Hotels Enjoy Boom As Travelers Look for Bargains

May 30, 2023
2023-05-30
Arlington, VA
Arlington, Va., May 30, 2023 - Extended-stay hotels are enjoying a surge in popularity.
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Sandpiper in the News

Courtyard by Marriott Reno Unveils New UpLift Fitness Hub

April 20, 2023
2023-04-20
Reno, NV
Reno, Nv., Apr. 20, 2023 - Largest hotel fitness center in Reno now offering Technogym & TRX equipment and Peloton bikes.
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Sandpiper in the News

Resilient Asset Class: Sandpiper Lodging Trust Grows Extended-Stay Footprint

February 6, 2023
2023-02-06
Newtown, PA
Newtown, Pa., Feb. 6, 2023 - Since its formation in 2018, Sandpiper Lodging Trust (SLT), a Richmond, Virginia-based real estate investment trust, has been working toward establishing a national footprint of extended-stay hotels and building meaningful scale in the segment.
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Press Releases & Announcements

Sandpiper Lodging Trust Announces Acquisition of 5 Extended Stay Hotel Assets

January 17, 2023
2023-01-17
Richmond, VA
Richmond, Va. – Jan. 17, 2023) – Sandpiper Lodging Trust has acquired five operating hotels from affiliates Sandpiper Hospitality III, LLC and Sandpiper Hospitality IV, LLC that operate under the WoodSpring Suites brand.
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Press Releases & Announcements

Sandpiper Hospitality Adds Two Wyndham Hotels to Managed Portfolio

June 15, 2022
2022-06-15
Newtown, PA
Newtown, Pa., June 15, 2022 - Sandpiper Hospitality has added two newly developed Wyndham Hotels & Resorts properties in Texas to its managed portfolio, a dual-branded La Quinta Inn/Hawthorn Suites in Pflugerville, Texas, and an AmericInn in San Angelo, Texas.
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Press Releases & Announcements

Sandpiper Announces Acquisition of Two Marriott Extended Stay Hotels in Florida

June 14, 2022
2022-06-14
London, UK
London, Uk., June 14, 2022 - Sandpiper Lodging Trust has announced the acquisition of two Residence Inn by Marriott in the Central Florida market.
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