U.S. Hotel Appraisals | Market and Brand Insights

Candlewood Suites

The Candlewood Suites brand was acquired by InterContinental Hotels Group (IHG), a leading global hospitality group, in 2004. The brand caters to mid-market business and leisure travelers staying for multiple nights. Guestrooms include a fully equipped kitchen, a living area with recliner, free use and rental of CD/DVD equipment and titles, two separate phone lines, and complimentary local phone calls and high-speed Internet access. Hotels offer complimentary use of onsite washers and dryers, a fitness room, the Candlewood Cupboard market, and express check-in/out services. Housekeeping service is provided to guests staying five nights or more.

Contact your local U.S. Hotel Appraisals professional to assist you with a market study, feasibility study, or appraisal of your Candlewood Suites.

Candlewood Suites Facts & Statistics

As of year-end 2019, there were 410 Candlewood Suites properties (38,332 rooms) in the Americas. In 2019, the brand's hotels in the Americas operated at an average occupancy level of 73.5%, with an average daily rate of $86.04 and an average RevPAR of $63.22.

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