 |
| Ron Burgett |
Sacramento, CA — WoodSpring
Hotels, the nation’s fastest growing, extended-stay hotel brand, has entered
into an agreement with local hotel developer Northgate Investment Group, LLC,
to develop a WoodSpring Suites in Sacramento, Calif., near the Natomas area.
The California-based
developers will build a new prototype 123-unit WoodSpring Suites in
Sacramento. The projected opening date
is late 2017.
This franchised location
will mark the brand’s second prototypical build in the state of California with
multiple other sites in the pipeline.
“WoodSpring is a great fit
for us. Our focus is to develop, own and
operate hotel assets in the greater Sacramento area,” said a partner at
Northgate Investment Group, LLC. “WoodSpring Hotels has a very simple, but precise,
operating model that we like, and combined with WoodSpring’s franchise support
system and its above average NOI percentage, we felt this brand was the right
choice for us.”
“Northgate Investment
Group is a highly engaged hotel owner and operator ready to develop the
WoodSpring Suites brand in Sacramento. They are a great example of an
owner/operator franchisee that will fit well into our family of franchisees,
and we are excited to partner with them,” said Ron Burgett, EVP of franchise development and operations for
WoodSpring Hotels.
For a complete copy or the company’s news release,
please contact:
Chris Daly
President
Daly Gray Public relations
Inc.
DALY GRAY PUBLIC
RELATIONS, INC.
620 Herndon Parkway, Suite
115 | Herndon, VA 20170
Main: 703-435-6293
Mobile: 703-864-5553
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