stayAPT Suites has signed a multilocation franchise agreement with Destiny Partners LLC/Destiny Hospitality LLC to bring five new stayAPT Suites locations to key markets across Pennsylvania, including Lancaster, Reading, York, Bethlehem and Allentown.
Construction will begin this spring on the first stayAPT Suites property in Lancaster. This new hotel will feature 94 rooms in a four-story prototype.
“Our partnership with Destiny Partners marks a significant milestone in stayAPT Suites’ rapid expansion across the U.S.,” said Gary A. DeLapp, president/CEO, stayAPT Suites. “This agreement not only further strengthens our national presence but also expands the brand’s footprint further north into Pennsylvania. These new locations will provide travelers with the distinct comfort of a full-size living space—complete with a full kitchen, dedicated living room and separate bedroom—offering the consistency of a hotel with the livability of an apartment.”
Shakher Patel, cofounder, Destiny Partners LLC, added, “We’ve evaluated numerous extended-stay brands and what sets stayAPT Suites apart is their skin-in-the-game approach. Their business model, which emphasizes on-site management, a low employee count and a streamlined amenities approach, offers the highest potential margins in the industry. Additionally, reviews consistently show that guests love their experience. stayAPT Suites has also been flexible in adapting the product to meet our specific needs while maintaining consistency for the guest experience. We believe this model, combined with their spacious suites, will allow stayAPT Suites to capture more than their fair share of the extended-stay market, providing a superior experience for guests and excellent financial performance for our investors.”
Tags: Destiny Partners LLC/Destiny Hospitality LLC, Gary A. DeLapp, Shakher Patel, StayAPT Suites