My Place Hotels and Lloyd Companies to Develop 10 Extended-Stay Properties in Midwest Over Next Five Years
🏨 My Place Hotels of America plans to develop 10 new hotel franchises with Lloyd Companies in the Midwest over five years, focusing initially on Missouri and Ohio. Construction on the first hotel will begin this year, with openings starting in early 2027. Two hotels will open annually. Extended-stay brands now represent over a third of U.S. hotel projects under construction, highlighting the strategic importance of this agreement.
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