Stay Alfred Named to Inc. Magazine's Vet100 List
National Hospitality Startup Ranked Among 100 Fastest-Growing Veteran-Owned Businesses
SPOKANE, Wash., March 10, 2020 (Newswire.com) - Stay Alfred, the hospitality startup that pioneered the travel apartment concept in alternative accommodations, has been named to the annual Vet100 list – a compilation of the nation’s fastest-growing veteran-owned businesses. The ranking, created in partnership with Inc. magazine and Syracuse University's Institute for Veterans and Military Families, was born out of the Inc. 5000 list of the fastest-growing private companies based in the U.S.
Stay Alfred CEO Jordan Allen was formerly an Airborne Ranger and Captain in the United States Army and served in the military for more than six years, including two terms in Iraq and Afghanistan and a 15-month deployment on a special forces outpost. Allen is the recipient of a combat action badge for outstanding leadership and a bronze star for the duties performed during his tour in Iraq.
“I’m honored to have Stay Alfred recognized on the Vet100 list,” said Allen. “I’m proud to have served my country and now have the opportunity to welcome and work alongside fellow veterans as the company grows.”
Since 2011, Stay Alfred has become the nation’s largest provider of travel apartments, expanding into more than 30 cities in prime walkable downtown neighborhoods, offering travelers “your place in the city.” The company has hosted more than 800,000 guests and leases partial to entire buildings across the nation and operates them as upscale travel apartments.
“The concept for Stay Alfred actually came during a group trip while I was on leave from Afghanistan,” said Allen. “My friends all met in Denver to see the Colorado Rockies play, and it was difficult to get a hotel room big enough for us. We ended up with a vacation rental a block from Coors Field; it was a really great experience and one that I realized I could help bring to more people. But I was also aware of the lack of consistency that can exist in the vacation rental space. The idea of marrying the quality and consistency of a hotel with the convenience and local experience of a vacation rental led to the creation of Stay Alfred.”
Stay Alfred partners with developers, property management companies and real estate investment trusts to improve the net operating income (NOI) of multifamily assets by master-leasing blocks of apartments and managing them as an upscale hospitality brand.
“Military experience provides veteran entrepreneurs with skills and knowledge we know to be valuable in the business world,” said Mike Haynie, Syracuse University Vice Chancellor and IVMF Founder and Executive Director. “The growth of this year’s list is a hopeful and inspiring indication of how important and valuable veteran entrepreneurs are to our society and economy. These businessmen and women not only served in defense of our collective freedom and security, they now continue to serve by bettering the economies in their communities and across the country.”
For more information on Stay Alfred visit stayalfred.com; for more information on the Inc. Vet100 list visit: https://ivmf.syracuse.edu/Vet100.
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 offers accommodations in more than 30 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