The recent sale of the Homewood Suites by Hilton in Stratford, Connecticut, shakes things up for the region’s hospitality scene.
The 135-suite extended-stay hotel just got scooped up by Jamsan Hotel Management, Inc., a group with a reputation for revamping properties and making guest stays better.
Stratford’s got a great location and a solid economic foundation, so this move shows there’s still a lot of faith in the city’s future—and in extended-stay hotels in general.
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Jamsan Hotel Management Expands Presence in Stratford
Homewood Suites by Hilton opened its doors back in 2002.
Over the years, it’s become a favorite for business folks and families alike.
Each suite comes with a full kitchen.
There’s free breakfast, an indoor pool, a fitness center, a business center, and plenty of space for meetings.
The hotel sits right across from Sikorsky Aircraft Corp.’s massive 2.5-million-square-foot headquarters.
That place alone provides jobs for more than 6,100 people, making it a huge draw for travelers.
A Strategic Acquisition with Local Impact
Jamsan Hotel Management called the purchase a “fantastic opportunity.”
They’re eager to modernize the amenities and make the guest experience even better.
Their plans to upgrade the place fit perfectly with what Stratford’s hospitality market needs right now.
Business travelers coming to nearby companies and schools keep demand high.
No one’s sharing the exact sale price, but town tax records peg the property’s value at about $12.3 million.
Economic Drivers Fueling Stratford’s Hotel Market
Stratford’s economy isn’t a one-trick pony.
It benefits from everything from aerospace to healthcare and education.
Here are some of the big local employers and institutions that keep hotel rooms filled:
- Sikorsky Aircraft Corp. – Aerospace manufacturing leader
- Sacred Heart University – Expanding academic programs and facilities
- Yale University – Prestigious Ivy League institution in New Haven
- BIC Corporation – Notable consumer goods manufacturer in Milford
- Bridgeport Hospital – Critical healthcare provider in Bridgeport
- St. Vincent’s Medical Center – Renowned hospital serving Fairfield County
Regional Development Boosting Demand
Projects like Steelpointe Harbor in Bridgeport are bringing new life to the waterfront.
With more shops, restaurants, and places to live, the area’s getting a real boost.
Good highway access via I‑95 and the Merritt Parkway keeps Stratford connected to places like Fairfield, Trumbull, and Shelton.
That means more visitors coming in from all over Connecticut.
The Vitality of the Extended-Stay Hotel Segment
Spencer Davidson, a senior VP at Hunter Hotel Advisors, sees this deal as proof that extended-stay hotels are holding strong.
Suite-style rooms with homey perks attract families, traveling pros, and anyone who needs a place for more than a quick night or two.
That’s especially true in spots close to universities and big company headquarters.
Why Stratford Stands Out in Connecticut’s Market
Stratford isn’t just another small town.
It’s got suburban comfort but stays well-connected to bigger cities.
Being close to New Haven, Stamford, and Norwalk lets local hotels catch both short-term and long-term guests.
With aerospace, education, and healthcare all humming along, hotels see steady business year-round.
Looking Ahead: Opportunities for Growth
For Jamsan Hotel Management, sprucing up the Homewood Suites is more than a simple investment.
It’s a real show of faith in Stratford’s direction.
They’re betting that modernized suites, better shared spaces, and improved services will make the hotel a top pick in Fairfield County.
Honestly, this move might even nudge other towns nearby—think Westport, Monroe, or Derby—to step up their own hospitality game.
Final Thoughts
Stratford sits in a prime spot, close to major Connecticut cities. The town’s strong economy and steady urban growth really give it an edge in the hospitality market.
Jamsan Hotel Management is jumping in with modernization plans. Travelers should notice a better guest experience, and the city might see more tourism and business roll in.
This sale shows how the region keeps bouncing back—and why experienced hotel operators still see real potential in Connecticut’s economy.
Here is the source article for this story: A 135-room CT hotel sold to a large management company. Deal termed ‘fantastic opportunity’
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