Parkrise Suites

Parkrise is a soft brand that redefines extended-stay hospitality by blending the comfort and features of a furnished apartment with the flexibility and amenities of a hotel. Focused on extended-stay hotel conversion and rebrand opportunities, Parkrise Suites offers hotel owners a cost-effective alternative to rigid, high-cost PIP requirements from traditional franchisors. Our brand is designed for properties that no longer fit the mold of legacy extended-stay brands by providing a flexible framework that allows each property to retain its unique personality while meeting modern guest expectations. Parkrise Suites targets the ultra-extended-stay segment, catering to guests who need accommodations for 30+ nights. From relocating professionals and project-based workers to snowbirds, seasonal employees, and even locals seeking greater flexibility, Parkrise Suites provides a home-like environment without the long-term lease commitments of traditional apartments. This model is perfect for markets with unmet demand for flexible, extended-stay options and for hotel owners looking to maximize profitability through leaner operations. Our soft brand approach offers: Flexible PIP Requirements: Cost-effective conversion options that avoid the expensive, inflexible requirements by legacy brands. Labor-Light Model: Reduced staffing needs through mobile check-in, mobile keys, and fee-based housekeeping services. Neighborhood-Centric Design: With assistance from Parkrise Suites’ Brand & Culture Delivery Team, each property integrates into the local community, with partnerships for food trucks, local events, and curated amenities that reflect the neighborhood culture. High Profit Margins: Properties achieve 50-70% GOP, with some eligible for a GOP Guarantee. Join Parkrise Suites and be part of the fastest-growing segment in hospitality, where flexibility, profitability, and community converge. Parkrise Suites Live. Stay. Belong.