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 Northern Ireland: Commercial property agency CBRE NI is marketing the low-carbon aparthotel room2 Belfast at a guide price of £21.2 million.
Reading Time: < 1 minute Worldwide: Extended stay booking platform myroom24 has partnered with hotel franchising company Wyndham to automate reservations for a minimum of four weeks.Â
Reading Time: < 1 minute Singapore: Rental accommodation owner, developer and operator Weave Living has launched two properties in Singapore, located in the East Coast and Mount Sophia areas.
Reading Time: 2 minutes US: Developers Related Group and BH Group have partnered with luxury hotel brand Viceroy Hotels & Resorts to launch 274 serviced residences in Aventura, Miami in Florida.Â
Reading Time: < 1 minute Hong Kong: Operator Regal Hotels has introduced an extended stay programme for Hospital Authority (HA) staff across seven of its properties.Â
Reading Time: < 1 minute Ireland: Dublin-based aparthotel operator Staycity Group has secured a £77 million loan from digital bank OakNorth to triple its portfolio over the next five years.Â
Reading Time: 2 minutes UAE: Serviced apartment group Cheval Collection will open its second property in Dubai next month in March.Â
Reading Time: 2 minutes US: Flexible-use hospitality and multifamily operator Placemakr has partnered with developer SummerHill Apartment Communities to offer 109 units in Silicon Valley.
Reading Time: < 1 minute Germany: Digital hospitality platform NUMA Group has appointed Philipp Morawietz as the company’s director of corporate development.
Reading Time: < 1 minute US: Flexible living operator Mint House has acquired residential hospitality company Locale.