The four-story, 117-room hotel will be the seventh in the Austin area built and operated by Spartanburg, SC-based Extended StayAmerica Inc. Four are under the Extended Stay banner, two are under Crossland and one is Studio Plus location.
Although the company deferred construction of some projects after the Sept. 11 terrorist attacks, the Austin hotel was one of 38 under construction on Sept. 30, when work continued. Extended StayAmerica expects to have opened eight hotels in the fourth quarter, which would give it 29 new hotels for 2001. The remaining 30 sites under construction should be completed by the end of the third quarter of 2002.
The new Austin hotel puts it in easy reach of Southwest Parkway and Motorola's Oak Hill campus. Nearby retail centers are anchored by Target, Wal-mart and Home Depot.
Extended StayAmerica's rooms include a queen-size bed, recliner, cable television with remote, free voice mail, free local calls, and a computer data port. Each room also has a kitchen with a refrigerator, two-burner range, microwave, coffee maker, utensils and tableware. Properties are generally staffed by five to six full-time employers and eight to 10 part-time employees.
The company in November opened 95-room hotel Waco area, its 39th hotel in the state and its 418th property overall.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
