Sohal Hotels Acquires Watertown Hotel, Staypineapple Hotels Inc. to Manage Property Under First Management and Licensing Agreement
BELLEVUE, Wash. – Staypineapple Hotels Inc., a Pacific Northwest-based hospitality management and licensing company, most notably recognized for its management of the 10 Staypineapple hotels across the United States, announces that Sohal Hotels, a Pacific Northwest-based multi-unit hotel franchisee company, has purchased Watertown Hotel. The hotel, located in Seattle, Wash., near the University of Washington campus, will undergo a significant transition that marks a new chapter for both companies, as Staypineapple Hotels Inc. will now manage the property under its first management and licensing agreement.
Watertown Hotel was built in 2001, became a part of the Pineapple Hospitality portfolio in 2008 and was officially branded as a Staypineapple in 2013. The 88,500 square-foot property has 100 guest rooms and suites, a fitness center, 1,300 square-feet of meeting space, a secured underground parking garage and an attached food and beverage cafe.
Dina Belon, President of Staypineapple Hotels Inc., expressed her enthusiasm for the acquisition and management agreement: In transferring ownership of Watertown Hotel to Sohal Hotels, we are excited to embark on a new journey to expand our management and licensing capabilities. Our goal in partnership with Sohal Hotels is to maintain Staypineapple’s signature hospitality and innovative service model at Watertown Hotel, ensuring that every guest’s experience is a memorable one.
Sohal Hotels is equally enthusiastic about embarking on its new partnership with Staypineapple Hotels Inc. Sohal Hotels owner, Satpal Sohal, said, We are thrilled to acquire Watertown Hotel, a property that has served Seattle’s University District community with distinction. This acquisition allows us to advance Sohal Hotels' vision in partnership with a trusted brand like Staypineapple. We look forward to working closely with Staypineapple Hotels Inc.’s experienced management team to uphold the high standards of service that guests have come to expect and to foster a lasting and successful relationship.
Staypineapple Hotels Inc. is a forward-thinking hospitality brand known for its unique approach to hotel management. With a focus on delivering memorable guest experiences, Staypineapple Hotels Inc.’s innovative operating model serves as the foundation for delivering exceptional net operating income to hotel owners. The company aims to grow its footprint in the hospitality industry through strategic partnerships like the one with Sohal Hotels, fostering excellence in hotel management and licensing.
About Sohal Hotels
Sohal Hotels is a privately held hotel investment company with a growing portfolio of hotels in the Pacific Northwest. They are committed to providing exceptional guest experiences and fostering strong relationships within the communities they serve.
About Staypineapple Hotels Inc.
Staypineapple Hotels Inc. is a hospitality management and licensing company most prominently known for its operation of the Staypineapple brand, a boutique hotel group with locations across the United States. Officially launched in 2023, Staypineapple Hotels Inc. is poised to expand its property management reach by bringing new hotels into the Staypineapple family. For more information or to inquire about property management services, visit Staypineapple-hotels.com or call (425) 455-5825.
Anna Altavas
Communications Manager, Staypineapple Hotels
Staypineapple Hotels Inc.