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The Candlewood Suites chain was started in 1995 by Jack Deboer, founder of the Residence Inn and co-founder of the Summerfield Suites chain. The first hotel was built on North Webb Road in Wichita, Kansas, United States, and opened in 1996. From 1995 to 2003, Candlewood Hotel Company franchised and managed hotels throughout the US.
Fort Riley and Yuma Proving Ground have the first two Candlewood Suites hotels on post in the IHG Army Hotels system. They opened in December 2013. Fort Polk has the first-ever Holiday Inn Express to open on a military installation; Joint Base San Antonio: Largest Candlewood Suites (310 rooms) opened on-post as part of the PAL program [12]
Three years after being purchased by the city, the former Candlewood Suites motel in Northwest Austin is planned to be opened as a permanent supportive housing complex for older adults this spring.
In 2004, IHG acquired the Candlewood Suites brand, a midscale extended stay hotel brand with 108 franchised properties in the United States, for $15 million. [21] [22] IHG divested its soft drink holdings in 2005, selling its 48 percent stake in Britvic for £371 million through an initial public offering. [23] [24]
Staybridge Suites and Candlewood Suites, both owned by the InterContinental Hotels Group, are two examples of hotels designed for business and extended stay travelers. Another brand of extended-stay hotels is Homewood Suites, which is part of Hilton Worldwide.
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