PEG, a leading commercial real estate investment firm, is pleased to announce the grand opening of the newly built Residence Inn Sacramento Cal Expo, a state-of-the-art extended-stay hotel providing Marriott’s road warriors with a new, fresh product in the Sacramento market. The new extended-stay hotel, located at 550 Leisure Ln near SAFE Credit Union, Cal Expo, and Heart Health Park, features 177 upscale apartment-style units, offering spacious living areas and the conveniences of home, catering to guests seeking longer and more comfortable stays.
The new Residence Inn Sacramento is the latest Generation 9 prototype, offering an array of premium amenities including:
Expansive outdoor spaces with a barbeque grill and firepit · Outdoor pool for relaxation and recreation
Putting green for leisure activities
Fitness center with state-of-the-art equipment and hydration station
Flexible meeting space for business and social gatherings
PEG previously owned and operated the legacy Residence Inn Sacramento, located approximately one mile away. Last October, PEG sold the existing property to buyers who plan to convert it into affordable residential units. Through this strategic transition, PEG remains net-neutral in terms of supply, simply replacing older inventory with a new, high-quality product. Additionally, PEG was able to retain many of the former hotel’s team members, bringing them over to the new Residence Inn.
Joining Castillo in leading the opening is Isabel Ruiz-Covarrubias, the hotel’s new Director of Sales, who brings a dynamic and focused approach to the property’s sales strategy.
This new hotel is part of PEG’s broader Residence Inn Replacement Strategy, which includes multiple projects currently under development:
A Residence Inn in Peabody, Massachusetts (under construction)
A dual-branded Residence Inn and Courtyard by Marriott in Irving, Texas (under construction)
A Residence Inn in Santa Fe, New Mexico (in the pipeline)
To commemorate the opening, PEG will host a ribbon-cutting celebration in coming weeks, welcoming guests, community members, and stakeholders to experience the newest addition to Sacramento’s hospitality landscape.
For more information about PEG and its hospitality investments, please visit www.pegcompanies.com.
Residence Inn Sacramento Cal Expo
550 Leisure Ln
Sacramento, CA 95815
United States
+1 279-225-6001
