
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.Â
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 SAN reporter Claudia Schergna chats with Siew Kim Beh, chief financial and sustainability officer of CapitaLand Investment and managing director for Japan and Korea at The Ascott Limited, about how the lines between hotels, extended stays and aparthotels are blurring, accessibility, sustainability commitments and more.
Reading Time: 2 minutes Middle East: Airlines are suspending services to the Middle East as rising conflict continues to disrupt key air corridors in the region.
Reading Time: 2 minutes Kenya: CityBlue Hotels has opened its luxury beachfront property Kilua Residences in Mombasa, which caters to both short and long-term stays.
Reading Time: 2 minutes UK: Scottish property-letting company Eren Properties Scotland Limited has submitted plans to demolish a vacant warehouse at 254 Leith Walk, Edinburgh, and build an 11-unit aparthotel with a total of 28 bedrooms.
Reading Time: < 1 minute US: Real estate firm Noble Investment Group has appointed two directors of asset management across its extended stay and upscale select-service platforms.
Reading Time: < 1 minute Ukraine: TULIP Hotels & Residences, part of Louvre Hotels Group, has opened its first aparthotel in Ukraine located in Lviv.
Reading Time: 2 minutes Worldwide: Serviced apartment agent SilverDoor has reported an increase in demand from corporate travel and relocation clients for carbon emission data, following the launch of its Carbon Calculator in November 2023.
Reading Time: < 1 minute US: Property management system RMS has launched an upgraded version of its booking engine, introducing features aimed at simplifying the reservation process for both guests and accommodation providers.
Reading Time: < 1 minute Australia: Hyatt will launch its first House-branded extended stay hotel in Australia with a location in South Melbourne, set to open for arrivals on 1 July 2025.
Reading Time: < 1 minute UK: A collection of serviced apartments called Station Suites is set to open in central Middlesbrough this June under operation of RBH Hospitality Management.