WICHITA, Kansas—WaterWalk proclaims the profitable sale of its WaterWalk Phoenix North Pleased Valley location to Ignite Accommodations LLC. This transaction marks a big milestone as WaterWalk Holding Firm’s first asset sale, highlighting the rising energy and success of the WaterWalk Prolonged Keep by Wyndham model.
In February 2023, the Phoenix property debuted as the primary Gen2 prototype, marking a big milestone out there. This 126-unit lodge has persistently delivered spectacular outcomes, providing a singular mixture of furnished and unfurnished models that elevate the extended-stay journey expertise with an upscale contact.
Positioned within the vibrant and quickly increasing Phoenix North Pleased Valley space, this property is ideally positioned to satisfy the wants of upscale extended-stay vacationers. With its prime location close to main enterprise hubs, procuring, eating, and outside points of interest, the realm’s enchantment continues to develop, making it a strategic funding for extended-stay lodging. The extended-stay market has seen substantial development nationwide, pushed by rising demand from enterprise vacationers, relocating households, and long-term challenge staff in search of the consolation and adaptability of home-like environments.
As a part of this thrilling improvement, Waterwalk Hospitality will proceed to handle the property below the WaterWalk Prolonged Keep by Wyndham model, forming a brand new partnership with Ignite Accommodations. This collaboration brings collectively the experience of WaterWalk Hospitality and the dedication of Ignite Accommodations to the model, making certain a seamless expertise for visitors and stakeholders.
Mimi Oliver, CEO of WaterWalk Hospitality, expressed her enthusiasm for this landmark achievement:
“The profitable sale of WaterWalk Phoenix North Pleased Valley is a proud second for our group and a testomony to the energy of the WaterWalk Prolonged Keep by Wyndham model. This milestone not solely showcases our capability to develop distinctive upscale extended-stay properties but additionally demonstrates our success as a trusted administration firm. We’re thrilled to associate with Ignite Accommodations and look ahead to constructing a robust relationship that underscores our dedication to delivering excellence in hospitality.”
Gurbir Sandhu, president of Ignite Accommodations, shared his pleasure in regards to the partnership:
“We’re excited to associate with WaterWalk Hospitality as our administration firm and the Wyndham group. This collaboration permits us to capitalize on the super potential of the extended-stay market whereas leveraging WaterWalk’s confirmed experience in operations and visitor satisfaction.”
WaterWalk Hospitality stays dedicated to its mission of making modern, high-quality extended-stay experiences that join with visitors, homeowners, and communities. This sale, brokered by HREC, represents an thrilling chapter within the firm’s development story, paving the best way for future alternatives and partnerships.
