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Staybridge Suites Expands in Philadelphia

ROYERSFORD, PA-The 104-key, $10 million project is the company's fifth outing in the area here, about 30 miles from Center City.

By Brianne Harrison | Updated on May 02, 2008

ROYERSFORD, PA-Staybridge Suites, a brand owned by InterContinental Hotels Group, is expanding in the Philadelphia market with the addition of a fifth hotel to be located in Royersford, about 30 miles from Center City. The $10 million project is expected to break ground July 1 and is scheduled for completion in July 2009.

The property is owned by Latitude Hotels Group Royersford LP and will be managed by Ocean Hospitalities Inc. under a license agreement with an InterContinental Hotels Group company. Denver Architects of Glen Mills, PA was selected as architects for the 104-key, 68,730-sf hotel, which will feature rooms with fully equipped kitchens and work areas. The hotel will also house a 1000-sf meeting room, a business center, a 24-hour convenience store and a fitness center. Reading, PA-based E.R. Steubner Inc. will be the builder, and construction will be managed by Castle Drawbridge Associates of Bala Cynwyd, PA.

Dan Henretty, IHG’s regional director of franchise development, tells GlobeSt.com that the company targeted the area because of the strong demand generators. Those demand generators include the many major companies located nearby, including Cingular, GlaxoSmithKline, Wyeth and Verizon. According to Robert Radomski, VP of brand management and extended-stay brands for IHG, about 80% of Staybridge customers are business travelers. The hotel’s owners hope to capture some of the tourist traffic to nearby Valley Forge National Park, and to that end have included Valley Forge in the hotel’s official name: Royersford Valley Forge.

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