KingsLane Group Completes Multi-Million Dollar Transformation of Staybridge Suites Peoria

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Downtown Peoria just got a major boost. KingsLane Group (KLG) has unveiled the completion of a multi-million dollar, top-to-bottom transformation of the Staybridge Suites Peoria, reintroducing the city’s only extended-stay hotel as a modern, community-focused destination for business and leisure travelers alike.

Since its opening in 2000, Staybridge Suites Peoria has served as a trusted home base for travelers. When KLG acquired the property in 2021, the vision was not simply to renovate, but to completely reimagine what extended-stay hospitality could look like for today’s guests.

What’s New at Staybridge Suites Peoria

The hotel’s 105 suites and public spaces have been transformed with a contemporary, home-like design that blends comfort and function:

Modern suites: From sleek studios to spacious two-bedroom options, the rooms are designed for both short and extended stays.

Welcoming shared spaces: Guests can now enjoy a completely redesigned lobby, refreshed meeting rooms, and an upgraded fitness center.

Everyday essentials: Complimentary hot breakfast, fast Wi-Fi, guest laundry facilities, and a 24/7 business center keep guests connected and cared for.

Unbeatable location: Just steps away from Caterpillar’s global headquarters, the Peoria Civic Center, and the lively Riverfront District.

A Perfect Time for Peoria

The unveiling of the transformed Staybridge Suites Peoria comes as the city itself experiences a wave of growth. Nearby projects such as Bradley University’s Business & Engineering Complex and the new OSF Healthcare headquarters are attracting talent, investment, and visitors making the timing ideal for the hotel to play a central role in Peoria’s comeback story.

More Than a Renovation

For KingsLane Group, the project goes beyond upgrading bricks and mortar. It is a strategic investment in Peoria’s future. By drawing more long-term travelers and business professionals downtown, the Staybridge Suites contributes to the city’s economic vitality and supports local businesses.

Nitin Khanna and Jatin Kumar acquired this asset because Peoria is a great city with significant potential for growth in the downtown market. They have confidence in the city’s government to support redevelopment initiatives and believe in contributing to Peoria’s continued growth and revitalization.

Investing in People and Experiences

The renovation also prioritises the human side of hospitality. From redesigned workspaces that cater to remote professionals, to inviting common areas that encourage community and connection, the Staybridge Suites Peoria is designed with today’s traveler in mind. KLG’s approach ensures that every guest whether staying a night, a week, or a month feels both the comfort of home and the energy of being part of Peoria’s renewal.

Hotel website

Staybridge Suites