Rapid Growth Cobblestone Hotels has significantly expanded since its inception in 2008, with over 165 properties either open or in development, indicating strong market demand and opportunities for partnerships with suppliers, service providers, and franchisees seeking to leverage a rapidly growing brand.
Technology Adoption The company's recent partnership to deploy Stayntouch’s cloud-based property management system across 140 properties within 90 days showcases their willingness to adopt advanced technology solutions, presenting opportunities for vendors offering innovative hotel tech and operational efficiencies.
Regional Focus By focusing on filling lodging needs in smaller communities with an upper mid-scale brand, Cobblestone opens doors for local vendors, regional service providers, and community-based suppliers looking to expand into underserved markets.
Market Positioning With a revenue range estimated between $250 million and $500 million and a strategic focus on community-driven hospitality, Cobblestone presents a compelling opportunity for brands aligned with mid-scale hotel markets and community-centered hospitality solutions.
Expansion Opportunities The company’s ongoing development efforts and recent openings, including new locations such as in Wisconsin, suggest ample opportunities for sales teams to target ongoing infrastructure development, renovation projects, and franchise partner acquisitions within their expansion pipeline.