The WoodSpring Suites Rochester Greece represents the opportunity to acquire a highly-stable, recession-resistant asset surrounded by both diverse and stable demand generators, including the Canal Ponds Business and Industrial Park (less than a mile), the 471-bed Unity Hospital (two miles), the Mall at Greece Ridge (two miles), Rochester Airport (five miles), University of Rochester (six miles), and more.
WoodSpring Suites is the nation’s fastest-growing economy, extended stay hotel brand. The WoodSpring prototype is built for lower operating costs, fixed labor expenses, and amenity upkeep. The WoodSpring Suites Rochester Greece was the first WoodSpring to open in the entire State of New York. As such, the newly built Hotel meets the brand’s gold standard for design efficiency, guest experience, and operational simplicity.
The Hotel’s current performance indicates hopeful upside on top of existing cashflows. Despite being the newest asset in its competitive set, the Property is ranked 7 of 7 in ADR, indicating the capacity to charge higher rates within its market. Importantly, the Hotel is operating at an impressive 94% ESSOC (Extended Stay Segment Occupancy Contribution) for both 2024 and 2025, further underscoring its strength in capturing long-term demand. This performance gap, combined with the Hotel’s modern build, operational efficiencies, and strategic location, presents a compelling value-add opportunity for an investor to drive RevPAR growth through targeted revenue management, brand-level marketing, and improved sales execution. As extended-stay demand continues to outpace traditional transient segments, the Property is well-positioned to achieve stronger market penetration and deliver enhanced returns over the hold period.