WICHITA, Kansas—WaterWalk publicizes the worthwhile sale of its WaterWalk Phoenix North Snug Valley location to Ignite Lodging LLC. This transaction marks an infinite milestone as WaterWalk Holding Firm’s first asset sale, highlighting the rising vitality and success of the WaterWalk Extended Preserve by Wyndham mannequin.
In February 2023, the Phoenix property debuted as the first Gen2 prototype, marking an infinite milestone obtainable available on the market. This 126-unit resort has persistently delivered spectacular outcomes, offering a novel combination of furnished and unfurnished fashions that elevate the extended-stay journey experience with an upscale contact.
Located all by the colorful and shortly rising Phoenix North Snug Valley house, this property is ideally positioned to fulfill the needs of upscale extended-stay vacationers. With its prime location near important enterprise hubs, procuring, consuming, and outside components of curiosity, the realm’s enchantment continues to develop, making it a strategic funding for extended-stay lodging. The extended-stay market has seen substantial progress nationwide, pushed by rising demand from enterprise vacationers, relocating households, and long-term mission staff throughout the hunt for the comfort and suppleness of home-like environments.
As part of this thrilling enchancment, Waterwalk Hospitality will proceed to deal with the property beneath the WaterWalk Extended Preserve by Wyndham mannequin, forming a model new partnership with Ignite Lodging. This collaboration brings collectively the expertise of WaterWalk Hospitality and the dedication of Ignite Lodging to the mannequin, guaranteeing a seamless experience for buddies and stakeholders.
Mimi Oliver, CEO of WaterWalk Hospitality, expressed her enthusiasm for this landmark achievement:
“The worthwhile sale of WaterWalk Phoenix North Snug Valley is a proud second for our staff and a testament to the vitality of the WaterWalk Extended Preserve by Wyndham mannequin. This milestone not solely showcases our potential to develop distinctive upscale extended-stay properties nonetheless moreover demonstrates our success as a trusted administration firm. We’re thrilled to companion with Ignite Lodging and look forward to establishing a sturdy relationship that underscores our dedication to delivering excellence in hospitality.”
Gurbir Sandhu, president of Ignite Lodging, shared his pleasure in regards to the partnership:
“We’re excited to companion with WaterWalk Hospitality as our administration firm and the Wyndham staff. This collaboration permits us to capitalize on the massive potential of the extended-stay market whereas leveraging WaterWalk’s confirmed expertise in operations and purchaser satisfaction.”
WaterWalk Hospitality stays devoted to its mission of creating progressive, high-quality extended-stay experiences that be a part of with buddies, homeowners, and communities. This sale, brokered by HREC, represents an thrilling chapter all by the corporate’s progress story, paving the way in which by which throughout which by which for future decisions and partnerships.
