WoodSpring Suites Partners with Jupiter Holdings to Build Two New Charleston Hotels
July 10, 2015 11:18am
The first location to be built will be Summerville, South Carolina and the second location will be built in the West Ashley area of Charleston, directly on Savannah Highway.
“Summerville is going to be a great market for us,” said Burgett. “The market was growing at a fast pace even before Volvo decided to build its first North American factory in Berkeley county. But this $500 million dollar project is going to turbo-charge growth in the area and our WoodSpring Suites location will be perfectly positioned to capitalize on it.”
“Charleston continues to be one of the best markets in the Southeastern United States from both a business and tourism perspective,” adds Burgett. “As the city continues to grow, this new location on one of the main arteries into downtown Charleston should thrive.”
Both hotels will be managed by TrueBlue Hospitality, an award winning hospitality management company led by veteran hotelier, David Kalik.
“As we planned to expand our presence in Charleston, we wanted to make sure we had not just the right locations, but also the right franchisee partners,” Bruce Haase, WoodSpring CEO stated. “We found that in Jupiter Holdings and True Blue Hospitality. Their market knowledge, Charleston roots, and extensive experience of building high quality projects in the area make them an ideal franchisee for us. We could not be more excited about working with them.”
WoodSpring Suites, which had a record growth year in 2014, is focused on strategic expansion across the U.S. through corporate- and franchise-owned development. The company expects to break ground on 30 additional properties by the end of the year. Expansion plans through 2017 include the addition of corporate and franchised properties in major metropolitan markets such as Los Angeles, Chicago, Philadelphia, Boston, Seattle, Miami and Minneapolis.
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Contact: Crystal Franz
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