Sonesta International Hotels Corporation has expanded its franchise portfolio by transitioning 45 hotels to private equity firm NPA, enhancing its presence in the extended stay and select service market.

Target Information

Sonesta International Hotels Corporation (Sonesta) has recently expanded its franchise portfolio through a significant transition involving 45 hotels to franchisee NPA, a private equity firm. This transaction underscores Sonesta's growth strategy in the hospitality industry, marking a pivotal milestone as the company approaches its fifth year of franchising in 2026. The newly acquired properties consist of various brands under the Sonesta umbrella, including Sonesta ES Suites, Sonesta Simply Suites, and Sonesta Select Hotels, which have gained a reputation for excellence and service in the extended stay and select service market.

Completed in November 2025, the transition highlights Sonesta’s streamlined conversion process and showcases NPA's capability to execute substantial transactions, valued in the hundreds of millions, with efficiency and speed. As part of this expansive portfolio, the properties maintain their established brand identities and continue to serve guests who are members of the award-winning Sonesta Travel Pass loyalty program.

Industry Overview

The United States hospitality sector has shown robust recovery signals following the disruptions caused by the COVID-19 pandemic. With travelers increasingly seeking accommodations that offer flexibility and comfort, extended stay hotels have emerg