US extended stay RevPAR declines for first time in three years
Reading Time: < 1 minute 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.
Reading Time: < 1 minute 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.
Reading Time: 2 minutes US: The latest extended-stay report from The Highland Group reveals that the economy sector has witnessed a 13 per cent increase in supply in November 2023 compared to last year.
Reading Time: < 1 minute 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.
Reading Time: 2 minutes 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.
Reading Time: 2 minutes US: The latest report from The Highland Group shows that extended stay outperformed the overall industry in May, with all segments reporting strong figures.
Reading Time: 2 minutes USA: CEO of Dellisart Hospitality, Doug Artusio, has launched the Extended Stay Lodging Association.
Reading Time: < 1 minute US: Highland Group report says that extended-stay hotel revenue and ADR growth set records when supply growth falls. Read more on SAN.
Reading Time: < 1 minute US: The Highland Group has released findings, which shows extended stay hotel demand falling as rates increase faster than hotel industry.
Reading Time: 2 minutes US: Q3 performance for US extended stay hotels set 14 new records for metrics including demand, occupancy, ADR and REVPAR,
Reading Time: < 1 minute SEA: Management company ONYX Hospitality Group has plans to launch its serviced apartment brand Shama in Malaysia, Laos and Thailand.
Reading Time: < 1 minute UK: Third-party operator RBH Hospitality Management has expanded its portfolio in Scotland with the signing of the dual-branded Staybridge Suites and Hotel Indigo Dundee.
Reading Time: < 1 minute Hosted by SAN editor – hospitality, Eloise Hanson. The serviced apartment industry is evolving rapidly, presenting new challenges and opportunities for leaders. Even with the …
Reading Time: < 1 minute Hosted by SAN editor – hospitality, Eloise Hanson. Ahead of the global Serviced Apartment Awards next month, SAN speaks to a panel of industry rising …
Reading Time: < 1 minute Hosted by SAN editor – hospitality, Eloise Hanson. The serviced apartment and branded residence market has experienced significant growth in recent years. As hotels seek …
Reading Time: < 1 minute Hosted by SAN editor – hospitality, Eloise Hanson. The fragmented extended stay sector presents opportunities for consolidation and growth through mergers and acquisitions. As larger …
Reading Time: < 1 minute Hosted by SAN editor – hospitality, Eloise Hanson. As travellers seek more flexible options, the average length of stay is steadily increasing at the same …
Reading Time: 2 minutes UK: Real estate platform AENDRE Group, which will develop lifestyle aparthotel brands, has expanded its team and appointed members to its advisory board.
Reading Time: 7 minutes UK: UK Chancellor Rachel Reeves MP has delivered a Labour Budget for the first time in 14 years as the government warned of “difficult” decisions to “restore economic stability” and plug a £22 billion black hole in public finances that was estimated by the Office for Budget Responsibility [OBR].
Reading Time: 2 minutes US: Landing, a membership company for flexible apartment living, says it has filled more than 3,000 multifamily units in 10 months.