WaterWalk Hotel Apartments has released a Company Update with details on timely developments as the company continues to capitalize on the void in the market between extended stay hotels migrating to shorter stays and apartments requiring a 12-month lease. This demand, also known as the Long Term Stay market, is defined with three submarkets: extended stay hotels, corporate housing, and traditional apartment rentals. The WaterWalk brand captures the increasing demand from all three market segments utilizing decades of experience.
To view the Update, please Click Here
As additional background, Jack DeBoer and his team have founded five national extended-stay hotel brands since 1972 that meet the underserved extended stay housing requirements. WaterWalk Hotel Apartments is the most recent brand from this team focused at serving the growing and fluid population ranging from Millennials to Baby Boomers. The team has 50 years of multifamily and extended stay hotel industry experience and is well positioned to meet growing demands for the space of an apartment with flexible lease options and hotel services. Customers can choose to stay a few nights or a year.
Indeed, WaterWalk is an ideal solution for travelers seeking more space than a hotel and more services than a corporate apartment and therefore typically attracts individuals who are relocating, training, interning, visiting hospitals for medical needs, in transition with the military, and/or working on executive projects and consulting assignments. It offers two purpose built, gated and secure buildings, where guests and residents have access to 24/7 concierge staff and can choose from two all-inclusive living options separated into two buildings with a bundle of services and amenities for one package price.
Currently, WaterWalk has properties open in Wichita, Denver, San Antonio, and Dallas. Along with Austin, Kansas City, Raleigh, Charlotte, Dallas, Minneapolis, Nashville and Washington, D.C. under development.