Charleston, SC, September 28, 2026 —

Naman Hotels has finalized the sale of its Staybridge Suites property situated in North Charleston. The specific details regarding the buyer, the transaction amount, and the exact date of the sale were not immediately available.

The Staybridge Suites brand is part of the InterContinental Hotels Group (IHG) portfolio, known for offering extended-stay accommodations that typically include suite-style rooms with full kitchens and separate living areas. Properties under this brand often cater to business travelers, relocation clients, and families seeking longer-term lodging solutions.

The North Charleston area is a dynamic market with a mix of commercial, industrial, and hospitality development. Its proximity to Charleston International Airport, major roadways, and growing business sectors has historically made it an attractive location for hotel investments and operations.

The transaction marks a change in ownership for the hotel. Naman Hotels, a hospitality management and development company, operates a portfolio of various hotel brands across different regions. The company’s strategic decisions regarding asset disposition are typically driven by portfolio management objectives, market conditions, or investment cycle considerations.

Further details about the buyer and the motivations behind Naman Hotels’ decision to divest the North Charleston asset have not been disclosed. Information regarding any immediate operational changes for the hotel staff or guests is also pending.


Story summarized from the original created by Google News on news.google.com, see more information here.

About The Author

Author: SignalNewsAI