Western States Breaks Ground on Candlewood Suites by IHG in Colorado Springs

New 104-suite extended-stay hotel scheduled to open in 2028

Western States Lodging Management and Development (WSLM) is excited to announce the groundbreaking of Candlewood Suites by IHG Colorado Springs, a new 104-suite extended-stay hotel coming to Colorado Springs, Colorado.

The groundbreaking celebration took place on September 30, 2026, marking an exciting milestone for the project. Developed through a general partnership with The Thackeray Company and Dew Development, the hotel is scheduled to open in 2028.

Located at 400 Runway Point, near Colorado Springs Airport, the new Candlewood Suites will offer convenient extended-stay accommodations in one of the region's growing business and development corridors.

Supporting Growth in Colorado Springs

The development reflects Western States' continued commitment to identifying opportunities in growing markets and creating hospitality experiences that meet the needs of today's travelers.

“We’ve followed this opportunity for years, and our confidence comes from what’s happening on this side of Colorado Springs,” said Cole Smith, chief investment officer of Western States Lodging Management and Development. “The investment around Colorado Springs Airport, the Space Force missions at Peterson and Schriever, and continued development at Peak Innovation Park make this a compelling location.”

With nearby aerospace, defense and logistics businesses, the hotel is ideally positioned to serve military personnel, contractors, project teams and travelers seeking comfortable accommodations for longer stays.

Designed to Feel Like Home

As part of the IHG Hotels & Resorts portfolio, Candlewood Suites is an extended-stay hotel brand designed to help guests feel at home, whether staying for a few nights, several weeks or longer.

The new hotel will feature spacious, apartment-style suites with full kitchens, providing guests with the flexibility and convenience to maintain their daily routines while away from home. Brand amenities include complimentary laundry facilities, fitness centers, outdoor grilling areas and an on-site market.

Continuing a Legacy of Hospitality

For Western States, the groundbreaking represents another opportunity to extend its mission of Serving You Like Family through thoughtful development, strong partnerships and exceptional hospitality.

With more than 100 properties under management across hospitality, senior living and multifamily housing, Western States continues to grow its portfolio while remaining committed to its Personal Touch Culture of creating loving and meaningful connections.

We look forward to seeing Candlewood Suites by IHG Colorado Springs come to life and welcoming guests in 2028.