CANDLEWOOD SUITES MARKS 10 YEARS

Candlewood Suites is celebrating its 10th anniversary in a big way. In early May, executives from the InterContinental Hotels Group brand marked the landmark with an event in Wichita, KS, site of the first Candlewood property and the brand's headquarters until IHG bought it in early 2004.

More significantly, at the anniversary celebration brand leaders announced a partnership with Habitat for Humanity International to sponsor construction of 10 houses in the next three years in the U.S., Latin America and India. Construction on the first house began in July in Dallas, home to seven Candlewood Suites properties.

In addition to the brand's financial sponsorship of the Dallas home, more than 100 Candlewood employees in the Dallas area committed to work 50 hours over a seven-week period to build the home.

In addition to Dallas, other Candlewood-sponsored homes will be built in Atlanta; Charlotte; Chicago; Detroit; Houston; Richmond, VA; Wichita; and one each in Mexico and India.

The 114-unit brand has been on a growth spurt since the IHG acquisition two years ago. According to the company, it executed more Candlewood franchise agreements in the first six months following the acquisition than the company did in the three years prior. Nearly 90 properties are in the development pipeline, and growth plans call for units in major metropolitan markets, such as New York City.

The chain has also improved its operating performance, outpacing its extended-stay competition in RevPAR growth in 2005 by 27 percent. Candlewood has had double-digit RevPAR growth for 15 consecutive months.

Reprints and Licensing
© 2014 Penton Media Inc.


Acceptable Use Policy
blog comments powered by Disqus

Most Recent

More Recent Articles

Career Center

Quick Job Search
Enter Keyword(s):
Enter a City:

Select a State:

Select a Category:



http://lhonline.com/images/bulk_tv_logo.jpg
Franchise Fact File Top Brands
Brand Company Basics Top Management Companies
Owners & Operators Industry Consultants
Industry Associations Industry Events
Design Firms Purchasing Companies
Top Ownership Groups  


http://lhonline.com/images/bulk_tv_logo.jpg

Click here to view all of the Lodging Hospitality Photo Galleries



Accor Best Western
Carlson Rezidor Choice
Hilton Hyatt
IHG La Quinta
Marriott Starwood
Vantage Wyndham







Free Product Information
News and Trends for the Hotel, Motel, and Hospitality Markets.

Lodging Hospitality eReport
Lodging Hospitality electronic newsletters are FREE to requested subscribers.

Lodging Hospitality Resource Center
The Lodging Hospitality Resource Center is the ultimate resource to find products and services to build, equip, and renovate hotels, motels and resorts.

Subscribe / Renew
Visit our subscription center to subscribe or renew your subscription to Lodging Hospitality.

Webinars
Visit our webinars page to view all our upcoming and on demand webinars.

Whitepapers
Visit our White Papers page to view all our current White Papers.