Having broken ground on this location in West Jordan, UT, in June 2023, the 126-suite hotel was constructed in just over 12 months and offers modernized suites with fully equipped kitchens and technological enhancements that improve the overall extended stay experience, the company reports. According to West77 Partners, the developer of the hotel, the project was completed on schedule and well below budget.
“LivAway Suites has an incredibly efficient design that gives you the most bang for buck I’ve seen in this segment,” said Paul Duncan, chief development officer, West77 Partners. “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.”
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. The brand caters to construction workers, traveling medical professionals, the military, displaced families, digital nomads and others seeking intermediate to long-term accommodations. This segment of the hotel industry has been the poster child of secure, consistent cash-flowing investments in all market conditions, and only fueled further by the $1.2-trillion Infrastructure Act and the CHIPs Act.
“Three years ago, we created LivAway Suites to be the first hotel brand created for developers, by developers,” said Kevin Dailey, COO, LivAway Suites. “Every decision made by the brand must translate to a higher return on investment for the real estate, otherwise we do not pursue it. 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. 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.”
Tags: Kevin Dailey, LivAway Suites, LivAway Suites-West Jordan, Paul Duncan, West77 Partners
