Korman Communities is proud to announce that its luxury brand AKA Hotels + Hotel Residences has been named the #1 Extended Stay Hotel Brand in the nation by USA TODAY’s 10Best Readers’ Choice Awards for 2025. This recognition highlights the continued excellence of Korman’s approach to blending hospitality, residential real estate, and long-term value creation.
Redefining the Extended Stay Experience
AKA has built its reputation by going beyond what travelers and residents expect from extended-stay accommodations. Instead of standard hotel rooms, AKA offers residential-style suites with chef-inspired kitchens, designer furnishings, in-suite laundry, fitness centers, and curated lounges. Guests and residents alike benefit from white-glove service and a concierge team that connects them with authentic local experiences through the Live It Program and Access AKA membership. This model attracts discerning travelers and renters-by-choice—from executives on assignment to families relocating to residents who prefer carefree furnished living—who want the comforts of home without sacrificing luxury.
This award underscores the brand’s success in blurring the line between luxury hotel and upscale furnished apartment living. By prioritizing longer stays, creating self-sufficient sanctuaries, and embedding each property in its surrounding neighborhood, AKA has become the brand of choice for those who refuse to compromise on style, substance, or service.
AVE and the Kingsley Award
This milestone comes in the same year that AVE by Korman Communities, the company’s multifamily apartment brand, earned the prestigious 2025 Kingsley Excellence Award for outstanding resident satisfaction. AVE specializes in both traditional unfurnished apartments and fully furnished flexible-stay residences, supported by hotel-style services and resort-style amenities. The recognition affirms AVE’s position as a leader in multifamily property management and highlights Korman’s ability to operate across various residential categories with equal excellence.
A Proven Integrated Model
Together, AKA and AVE reflect Korman Communities’ unique integrated real estate platform, which unites ownership, property management, and brand creation. This model allows Korman to deliver consistent quality, protect brand integrity, and generate enduring value for investors. Unlike operators who simply manage or franchise properties, Korman’s hands-on stewardship ensures that design, operations, and resident experience remain fully aligned.
By curating branded residential environments at the highest level, Korman has built a reputation not just as a developer, but as a best-in-class operator of luxury furnished apartments and hotel residences. This dual strength—validated by the USA Today Readers’ Choice and the Kingsley Award—demonstrates Korman’s ability to perform across both hospitality and multifamily sectors.
Why It Matters for Investors and Partners
These recognitions reinforce Korman’s position at the forefront of residential real estate investment and property management. As demand for flexible living solutions accelerates worldwide—spanning corporate relocation, extended travel, lifestyle mobility, renters-by-choice, and wellness-driven living—Korman’s brands offer a proven model for sustainable growth.
For investors and partners, AKA’s #1 national ranking and AVE’s residents’ satisfaction awards signal not just market leadership but also Korman’s depth of experience, operational excellence, and forward-thinking vision: creating spaces where people can truly live better. With over a century of family leadership, Korman Communities continues to set benchmarks for excellence in both hospitality and residential living, delivering results that resonate with guests, residents, and investors alike.
A Legacy of Excellence, A Future of Growth
For over a century, the Korman name has stood for integrity, innovation, and long-term stewardship. What began in 1919 with Hyman Korman building single-family homes in Philadelphia has grown into a nationally recognized leader in residential real estate, hospitality, and luxury furnished living. Across each generation, the family has anticipated market shifts—whether pioneering furnished apartments in the 1960s, creating AVE’s flexible-stay multifamily model, or launching AKA as the first true luxury extended-stay brand. This ability to innovate while honoring tradition is what continues to distinguish Korman in a competitive landscape. For investors and partners, that continuity means more than stability—it represents a proven formula for growth, resilience, and enduring success in an evolving real estate world.
