Industry News
US extended stay RevPAR declines for first time in three years
US: The 2024 First Quarter US Extended-Stay Hotels Report, published by The Highland Group, reveals a decline in RevPAR for the first time in three years.
Industry News
Ariva Luxury Residences launches extended stay collection
US: The 30-acre apartment home development Ariva Luxury Residences in Las Vegas has launched a collection of extended stay apartments called Ariva Serviced Residences.
Industry News
InnVest Hotels acquires four extended stay hotels in Canada
Canada: InnVest Hotels, an asset management and construction company, has acquired a portfolio of 10 hotels in Ontario and Halifax, four of which are extended stay.
Features
Five trends to shape the extended stay sector in 2024
Editors George Sell and Eloise Hanson share five trends they think will resonate throughout the sector in 2024.
Industry News
Adagio and Novotel Living spur Accor’s extended stay expansion
France: Hospitality group Accor has provided an update on its extended stay portfolio, which encompasses more than 380 properties and 45,000 keys.
Industry News
Traditional hotels drive more extended stay revenues, report shows
US: Lodging consultancy The Highland Group in partnership with hotel data analytics company Kalibri Labs have released a report on extended-stay revenues in hotels.
Industry News
US extended stay continues to outperform hotel industry
US: A mid-year 2023 report from The Highland Group reveals that extended stay hotels have gained 3.2 per cent RevPAR in Q2 compared to a 2.7 per cent for the overall hotel industry.
Industry News
US developer to make extended stay debut with My Place deal
US: Developer Opwest Partners, which is primarily focused on higher-end hotel and residential projects, is to diversify its portfolio by developing several extended stay hotels.
Videos
Merzak Kaddour, edyn, on extended stay growth opportunities
SAN sits down with Merzak Kaddour, investment director at edyn, to talk about the opening of Ember Locke, development challenges and the opportunities for growth, as well as what the industry may look like in five years time. Filmed at Ember Locke.
Industry News
Choice Hotels grows extended stay offering by 50 per cent H1 2023
Worldwide: In its latest business update, hotel franchisor Choice Hotels has revealed that the company grew its extended stay segment by 50 per cent during the first half of 2023.
