Stay Alfred Makes Business Journal's 2019 Middle Market Fast 50 List
Hospitality Startup Ranks #21 Among Washington's Rapidly Growing and Innovative Companies
SPOKANE, Wash., July 23, 2019 (Newswire.com) - Stay Alfred, the alternative accommodations pioneer and largest provider of travel apartments, recently ranked #21 on the 2019 Middle Market Fast 50 List as published by the Puget Sound Business Journal. This List is made up of rapidly growing, innovative companies that move the needle in the Washington region and across the country.
The List rankings were determined through a weighted score that factors in the size and revenue growth of a company from 2016 to 2018. To be considered, a company must be headquartered in Washington state, have revenue between $25 million and $1 billion in 2018, disclose revenue for years 2015, 2016, 2017, 2018, and state employment number for 2018.
Stay Alfred has expanded into 33 cities with over 2,500 units in the best walkable downtown neighborhoods so guests can experience the city like a local. The 300-person company, which has hosted more than 800,000 guests, leases partial to entire buildings and operates them as upscale travel apartments.
Stay Alfred travel apartments combine the quality, consistency and guest support of a hotel with the lifestyle amenities of an upscale residential building. Units feature dedicated living spaces, full kitchen, washer and dryer, free WiFi, and a self-guided check-in process. Guests also have access to the building amenities and common areas.
“Washington is home to some innovative industry disruptors and economic powerhouses, so we’re humbled to be included on this list,” said Jordan Allen, CEO of Stay Alfred. “Since 2011, Stay Alfred has experienced exponential growth as a direct result of our teams’ innovation within the tech and real estate industries. Together we’ve built this company from the ground up, and we’ll continue to expand into new markets and bring alternative accommodations to the mainstream.”
In addition to being named on the 2019 Middle Market Fast 50 List, Stay Alfred has also been named one of Washington’s Best Workplaces by the Business Journal, and CEO Jordan Allen received the Entrepreneur Of The Year® 2019 Award in the Consumer Service category in the Pacific Northwest.
About Stay Alfred
Established in 2011, Spokane, Washington-based Stay Alfred pioneered the concept of the travel apartment by providing travelers with the space and comforts of an upscale apartment with the consistency and reliability of a hotel stay. The company has grown to over 2,500 units in 33 walkable cities and has hosted more than 800,000 guests. Founded and built by a former Army Ranger, Stay Alfred lives to offer travelers "your place in the city." For more information, visit StayAlfred.com.
Source: Stay Alfred
Categories: Real Estate