Hotel Developer Opportunity: LivSmart Studios by Hilton (Previously Project H3) Offers New Build Opportunities
This blog series aims to help developers learn more about the new economy hotel brands that can help you grow your businesses.
With consumers keeping a close watch on budgets and choosing more affordable lodging, developers need to shift focus to these new economy brands—which are more cost-effective to develop and operate— to keep their businesses rolling.
Today, we’ll explore LivSmart Studios by Hilton (Previously Project H3) and what it offers.
This exclusive, 100% new-build brand presents highly efficient operating and staffing models, positioning it as a lucrative opportunity for those venturing into the extended-stay market. Two distinct design packages offer both flexibility and substantial time and cost savings, with a primary focus on revenue-generating guest rooms to reduce overhead expenses for potential owners.
Owners will benefit from access to above-property revenue management and sales support models, effectively streamlining on-site staffing requirements. In addition, automated customer services, such as digital check-in and Hilton’s Digital Key, will enhance the guest experience while optimizing operational efficiency.
As a lower, mid-scale extended stay brand, LivSmart Studios sets its sights on the rapidly expanding, yet underserved $300 billion workforce travel market, catering to traveling nurses, military personnel, and individuals facing workforce relocations. Project H3 aims to provide apartment-style accommodations for those seeking stays of 20 nights or more.
Signature elements include:
A comprehensive range of essential amenities in a welcoming, cozy, and tastefully modern environment, characterized by warm wood tones and a modern farmhouse-inspired color scheme with subtle industrial accents. Outdoor patios are equipped with grills, communal fire pits, and comfortable seating.
Spacious apartment-style suites featuring ample storage space, multi-purpose furniture, a fully equipped kitchen with a full-sized refrigerator, dishwasher, microwave, two-burner stovetop, and a spacious bathroom.
“The Hive,” a highly functional lobby area designed to be inviting for guests and operationally friendly for staff. It offers easy access to all amenities, with clear sight lines from the front desk to fitness facilities, laundry services, and a convenient retail market.
If you’re involved in the development of one of these innovative economy brands, let us provide you with the top-quality architectural drawings that will form the foundation of your success. Get in touch with us today!