WHG Adds Six StudioRes by Marriott Hotels to Pipeline

Wealth Hospitality Group is expanding its lodging pipeline by adding six StudioRes by Marriott properties across five states, Asian Hospitality reported [1]. The expansion targets midscale extended-stay demand in markets including Florida, Idaho, Louisiana, Mississippi, and Oregon, while the company actively seeks investment partnerships for its current developments [2].

Where are the new StudioRes by Marriott hotels located?

The six StudioRes by Marriott properties are planned across six distinct municipal markets in the Southeast and Pacific Northwest [1]. As Asian Hospitality reported, Wealth Hospitality Group (WHG) confirmed the project locations in Coeur d'Alene, Idaho; Panama City Beach, Florida; Ruston, Louisiana; Salem, Oregon; Ridgeland, Mississippi; and Pearl, Mississippi [1].

These locations represent a broad geographic spread across five states, placing the midscale extended-stay brand into regional commercial centers, coastal leisure destinations, and university markets [1]. WHG confirmed the lineup in a formal company statement [1].

Why is WHG targeting the extended-stay segment?

Extended-stay properties provide more reliable baseline occupancy and income compared to standard transient lodging assets [1]. According to Hiren “Chico” Patel, CEO of WHG, extended-stay hotels continue to experience steady demand from construction crews, healthcare professionals, relocating families, and project-based business travelers [1].

Asian Hospitality noted Patel's operational assessment: "Longer stays can support more stable occupancy and predictable revenue than hotels that rely mainly on overnight leisure travel" [1]. By focusing on extended-stay guest segments, WHG aims to counter the volatility common to transient leisure hotels [1].

What other properties has WHG recently opened or developed?

WHG opened a 154-room dual-brand Home2 Suites by Hilton and Tru by Hilton on July 21 in Ruston, Louisiana [1]. Asian Hospitality reported that this dual-brand concept combines extended-stay and select-service lodging under one roof to serve business travelers, families, university visitors, and other guests [1].

The opening in Ruston brought together local leaders, community partners, municipal officials, general contractors, and company team members [1]. Patel stated that the Louisiana project will create jobs, support the local economy, and provide opportunities for the community [1]. Beyond the Ruston dual-brand property, WHG added the 100-room Candlewood Suites in Mobile, Alabama, in February to expand its Gulf Coast market presence [1]. In Salem, Oregon, construction is continuing on an additional WHG asset, the SpringHill Suites by Marriott [1].

What is the scale of WHG's current development pipeline?

WHG maintains a development pipeline comprising more than 30 active projects across more than 20 markets [1]. These combined developments account for more than 2,500 rooms across the company's national footprint [1].

To support this project load across its pipeline, the company is seeking investment partnerships for its current developments, Asian Hospitality reported [2]. Patel stated that the company's development program reflects a commitment to providing hospitality experiences while creating long-term value for guests, partners, and communities [1].