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.Â
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 Malaysia: The all-suite Birkin International Hotel has officially opened in Melaka along Klebang beach.
Reading Time: < 1 minute Australia: Flexible living operator Urban Rest has promoted Simon Farr to general manager for Australia.
Reading Time: < 1 minute US: Extended stay hotel brand LivAway Suites has expanded in Arizona, breaking ground on its fourth site in Tucson.
Reading Time: 2 minutes UK: Furniture and fit-out company David Phillips Furniture Limited has filed a notice of intent (NOI) to appoint administrators.Â
Reading Time: 2 minutes EMEA: Investor-operator Frasers Hospitality has appointed Darryl Walker as commercial director EMEA, a newly created position in the team.
Reading Time: < 1 minute Worldwide: Serviced apartment agent Synergy Global Housing has introduced the CarbonSMART tool to provide emissions reporting for its managed properties and supplier network.
Reading Time: < 1 minute Italy: Milan‑based proptech company Spacest.com has acquired the domain name, logo, and brand of TheHomeLike.com, formerly owned by German proptech Homelike, as part of its accelerated expansion across Europe.Â
Reading Time: < 1 minute UK: Family-owned business Sweeney Group has opened its second aparthotel in Aviemore.
Reading Time: 2 minutes Australia: Skye Suites Sydney, a five-star serviced-apartment property in Sydney’s CBD, has been sold to Furama Hotels International in what has been reported as the city’s largest hotel sale so far this year.
Reading Time: < 1 minute Ireland: Developer Dalespell Limited has received consent to increase the number of rooms and additional retail space for its aparthotel project on O’Connell Street in Limerick.