Sonesta Continues Dramatic Domestic Growth
Set To Add 98 New Hotels
Sonesta International Hotels Corporation is now one of the nation's fastest growing hospitality management companies, with the pending addition of another large hotel portfolio in the coming months. Service Properties Trust (Nasdaq: SVC) announced today that it will transfer branding and management of 98 hotels to Sonesta, including 2 full-service, 56 select-service and 40 extended-stay hotels across the U.S.
Newton, MA - Sonesta International Hotels Corporation is now one of the nation's fastest growing hospitality management companies, with the pending addition of another large hotel portfolio in the coming months. Service Properties Trust (Nasdaq: SVC) announced today that it will transfer branding and management of 98 hotels to Sonesta, including 2 full-service, 56 select-service and 40 extended-stay hotels across the U.S.
Sonesta will transition management of 9 of these hotels on December 15, 2020 and the remaining 89 on January 31, 2021. This latest announcement follows two other recent SVC transactions contributing to Sonesta's substantial growth and Sonesta's new position as SVC's largest operator:
- Four hotels were transferred by SVC during September 2020 and have all been reflagged as Sonesta hotels.
- 103 hotels will be transferred by SVC on November 30 including 22 full-service and 81 extended-stay hotels in the U.S., the District of Columbia, Ontario, Canada and Puerto Rico. Reservations are currently being accepted at these properties on Sonesta.com for stays beginning December 1, 2020.
"We're proud that SVC continues to grow its relationship with Sonesta by entrusting us with management of another sizable portfolio of their hotels and resorts", said Carlos Flores, President and CEO, Sonesta International Hotels Corporation. "We are prepared and confident in our abilities to ensure these hotels receive the same level of exceptional care and support as Sonesta's existing 80 plus properties. We're thrilled to welcome these new hotels to our growing portfolio of destinations."
It is expected that by the end of Q1 2021, Sonesta will have over 250 properties in the U.S. and over 280 properties globally, expanding its U.S. footprint in key tourism and business destinations by more than fourfold. In the U.S., Sonesta will increase from three to five brands: Royal Sonesta, Sonesta Hotels & Resorts, Sonesta ES Suites, and the two newest brands Sonesta Select and Sonesta Simply Suites.
About Sonesta International Hotels
Sonesta is the 8th largest hotel company in the U.S. according to Smith Travel Research (STR) with approximately 1,100 properties totaling 100,000 guest rooms across 13 brands in nine countries. Sonesta owns, manages and/or franchises under The Royal Sonesta; The James, Classico Collection by Sonesta, Sonesta Hotels, Resorts & Cruises; MOD Collection by Sonesta, Sonesta Select; Sonesta Essential, Sonesta ES Suites, Sonesta Simply Suites, Red Lion Hotels, Inns & Suites by Sonesta; Signature Inn by Sonesta; Americas Best Value Inn by Sonesta and Canadas Best Value Inn by Sonesta. Redefining hospitality through its award-winning Sonesta Travel Pass loyalty program, Sonesta offers guests the opportunity to earn and redeem points for unparalleled value and personalized experiences. Sonesta Travel Pass members receive the best rates, earn immediate points towards free nights, and accelerated status progression based on stays. For more information about Sonesta, visit Sonesta.com or call 1.800.Sonesta. For information about how to join Sonesta's portfolio visit Franchise.Sonesta.com, email [email protected] or call 1.617.658.1596.
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