The asset, which cost $16 million to build, is situated on a 7.3-acre site along Industrial Way East here. The five-story, 89,000-sf hotel features 1,100 sf of meeting space, a two-story "great room" for dining, an outdoor pool, fitness center and a 24-hour business center.

Staybridge Suites is a brand of the InterContinental Hotels Group. The local property is managed by InnVision Hospitality Services, of which SBS Eatontown is an affiliate, and is franchised under license agreement with IHG. When the local property opened in late May, it marked the 75th Staybridge Suites in the chain.

Continue Reading for Free

Register and gain access to:

  • 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
NOT FOR REPRINT

© 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.