My Place Hotels, TGC Group enter multi-development deal
My Place Hotels of America and Wichita, KS-based hospitality firm, TGC Group have entered into a multiple-development agreement that will expand TGC’s portfolio of hospitality assets from a single My Place Hotel to 10 My Place locations by 2027.
“At TGC Group we have experienced a tremendous pattern of growth in the extended stay segment and as we continue to grow, we are excited to enter into a strategic partnership agreement with My Place Hotels,” said Nick Esterline, president/founder, TGC Group. “Ryan and his team exemplify everything that we believe is true in regard to corporate culture and offering the best experience to our guests across the country.”
Ryan Rivett, president/CEO, My Place Hotels of America, added, “As a franchise organization, My Place is all about creating balanced value and fostering relationships. Nick and the team at TGC Group are strong performers in all things hospitality, their organization is vertically integrated and their focus is on people. So, it was very easy to identify the great fit between TGC and My Place.”
The firm has five locations under active development, with two scheduled to begin construction in the first quarter of 2023.