Sandpiper Acquires Extended Stay America Premier Suites in Bradenton, Florida
Sandpiper, LLC is pleased to announce the acquisition of the Extended Stay America Premier Suites in Bradenton, FL. The fast growing, vibrant North Port - Sarasota - Bradenton MSA, just south of Tampa is one of Sandpiper's highest conviction markets.
Opened recently in January, the hotel features 124 rooms, all offering a fully equipped kitchen, with free WiFi, and a free healthy breakfast served daily. Other amenities at the pet-friendly hotel include on-site guest laundry and a fitness center.
Sandpiper has extensive experience in operating the ESA Premier Suites brand, having recently built and opened a similar property in Reno - Sparks, NV. ESA is a proven, effective, and nationally recognized extended stay brand. The Bradenton market has undergone remarkable growth over the past 10 years, seeing population growth of 23.7%, with the transformation primarily attributed to a burgeoning retirement community and strategic location along the Gulf Coast.
Sandpiper Hospitality ("SH") will manage the day-to-day operations of this hotel. SH has great institutional knowledge and experience with ESA products and has a growing portfolio of 65+ hotels under management. They will prove to be a critical component to our success in this market with this asset.
With hotels now in Bradenton, Tampa, Orlando, Gainesville, and Lakeland, Sandpiper has significant coverage of the Florida extended stay hospitality market, demonstrating its commitment to the Florida market moving forward. Sandpiper now owns 39 properties across eight brands located in 12 states.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
