AKA Hotels+Hotel Residences

AKA Hotels+Hotel Residences, founded in 2004 by Korman Communities, is a distinguished player in the hospitality industry known for delivering luxury accommodations that blend the comfort of home with the elegance of boutique hotels. Headquartered in Plymouth Meeting, Pennsylvania, AKA has established a strong presence in major urban markets including Miami, offering sophisticated, fully furnished residences and exceptional amenities designed for both business and leisure travelers.

Offering a unique value proposition, AKA balances spacious, fully appointed luxury condominiums with the style and hospitality of intimate boutique hotels. Their services cater to a variety of guest needs, including extended stays, furnished suites, and penthouse residences, all situated in iconic neighborhoods. With an annual revenue estimated between $5.0M and $25M and employing between 500 to 1000 people, AKA continues to grow by focusing on refinement and personalized guest experiences.

Company Overview and History

Founded: 2004
Founder: Korman Communities
Headquarters: Plymouth Meeting, Pennsylvania, USA
Industry: Hospitality
Employees: 500-1000
Annual Revenue: $5.0M - $25M

AKA Hotels+Hotel Residences Mission Statement

To create a sense of calm and nurture an ambiance that makes our guests feel at home.

What Makes AKA Hotels+Hotel Residences Different

AKA Hotels+Hotel Residences stands out by offering the luxury and comfort of fully furnished condominiums combined with the upscale hospitality services of boutique hotels. Clients benefit from spacious residences equipped with business, wellness, and lifestyle amenities, all located in prime neighborhoods.

Residential Comfort Meets Boutique Hospitality

AKA’s approach provides an intimate experience that balances ample living spaces with thoughtful hotel services, catering especially to extended-stay travelers seeking flexibility and luxury.

Prime Urban Locations

The company’s properties are strategically located in high-demand metropolitan areas including Miami’s vibrant Brickell district, ensuring guests have convenient access to business hubs and cultural attractions.

AKA Hotels+Hotel Residences Services and Accommodations

AKA offers an extensive range of hospitality services tailored for short and long-term stays, delivering the highest standards of luxury living and convenience.

Key Services Offered

• Extended Stay
• Serviced Residences
• Luxury Living
• Furnished Suites
• Long-Stay Hotel Accommodations
• Monthly and Weekly Accommodations
• Serviced Apartments and Aparthotels
• Hotel Residences and Penthouse Suites

Business Model and Operations of AKA Hotels+Hotel Residences

AKA operates by blending residential-style living with hotel services, accommodating guests seeking both short-term visits and extended stays. Its portfolio features luxury accommodations equipped to meet the expectations of business travelers, digital nomads, and tourists alike.

Customer-Centric Hospitality

The business model focuses on providing flexibility and comfort while maintaining high hospitality standards, positioning AKA as a leader in the extended stay and serviced residence markets.

Strategic Urban Presence

With properties in key cities such as Miami, Boston, New York, Washington D.C., Los Angeles, Philadelphia, and London, AKA strengthens its appeal to a broad demographic by situating residences in premier locations.

Employment and Career Opportunities at AKA Hotels+Hotel Residences

AKA Hotels+Hotel Residences offers a variety of career opportunities across hospitality sectors, perfect for professionals seeking roles in hotel management, guest services, and corporate operations within a luxury brand.

Potential Positions

Current openings span multiple departments, supporting career growth in a dynamic environment focused on high-quality guest experiences and operational excellence.

Benefits and Employee Development

While specific benefits are not documented, AKA’s reputation in the hospitality sector suggests competitive compensation and opportunities for professional growth within a nurturing work culture.

Financial Performance and Market Position

AKA Hotels+Hotel Residences maintains a steady financial performance with annual revenues estimated between $5.0M and $25M. Positioned in the growing extended stay and serviced residence market segments, AKA holds a significant foothold in luxury accommodations.

Revenue Overview

The company’s revenue reflects its commitment to quality and client satisfaction in competitive metropolitan markets.

Market Focus

By targeting upscale travelers and business professionals, AKA competes effectively with similar hospitality providers, emphasizing comfort and impeccable service.

Corporate Social Responsibility

Information about AKA Hotels+Hotel Residences' corporate social responsibility initiatives is currently not publicly available.

AKA Hotels+Hotel Residences Locations and Contact Information

AKA Hotels+Hotel Residences has a diverse portfolio of properties, including a significant presence in Miami and other major cities.

Miami Property

Hotel AKA Brickell offers luxurious, furnished accommodations in Miami’s dynamic Brickell neighborhood, catering to extended stay and luxury travelers.

Other Key Locations

Additional properties are located in Boston, New York City, Philadelphia, Washington D.C., Alexandria, West Palm Beach, Los Angeles, and internationally in London, UK.

Corporate Contact Information

Head Office Address:
220 W Germantown Pike, Plymouth Meeting, PA 19462, USA
Phone: +1 484 351 2000
Corporate Office Address:
580 West Germantown Pike, Suite 200, Plymouth Meeting, PA 19462, USA
Phone: +1 484 351 2000
Website: stayaka.com

Competitive Analysis

AKA Hotels+Hotel Residences operates in a competitive market that includes global and regional hospitality brands specializing in serviced apartments and extended stays.

Key Competitors

• HomeAway: Public company founded in 2005 with over 1,000 employees and $1.2B revenue.
• Airbnb: Privately held, founded in 2007, employing between 5,000 - 10,000 people with revenues of $3.7B.
• AVE by Korman Communities: Privately held since 1914, with 500-1,000 employees and $58M in revenue.
• BridgeStreet, Furnished Quarters, Synergy Global Housing, and WWStay: Other notable players with revenues ranging from $12.9M to $92.5M.

Future Outlook for AKA Hotels+Hotel Residences

AKA continues to expand its portfolio in major metropolitan areas, emphasizing luxurious accommodations that blend the comforts of residential living with the services typical of boutique hotels. This strategy is aimed at capturing a growing market of discerning long-stay travelers.

Growth and Development

Future initiatives include portfolio expansion and maintaining high standards of service quality to meet evolving guest expectations.

Investment in Technology

While specific details on investment in technology are not available, ongoing innovation likely supports enhanced guest experiences in booking, amenities, and property management.