
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 Germany: Homelike, an online platform for mid- to long-stay accommodation, has ceased operations with immediate effect.Â
Reading Time: < 1 minute Europe: Tech-led serviced apartment operator Bob W has appointed Philip Ward as an independent non-executive director to its board.
Reading Time: < 1 minute Worldwide: Entries for the 10th annual Serviced Apartment Awards have been extended by 10 days to Wednesday 2nd April 23:59 BST.Â
Reading Time: < 1 minute US: Luxury serviced apartment provider BP Stays has partnered with hospitality cloud platform Mews to streamline operations and support the company’s growth across New York and New Jersey.
Reading Time: < 1 minute Saudi Arabia: Serviced apartment and hotel provider Frasers Hospitality has named Hazem El Bahnasy as general manager of Fraser Suites Riyadh.Â
Reading Time: 2 minutes India: Serviced accommodation agent Synergy Global Housing has appointed Manpreet Dhami to oversee the company’s international operations.
Reading Time: < 1 minute US: Luxury lifestyle hospitality group Rosewood Hotels & Resorts has opened its first standalone residential offering with the launch of Rosewood Residences Beverly Hills.
Reading Time: < 1 minute UK: Lifestyle aparthotel platform AENDRE has expanded its team with the appointment of a creative director and senior associate in acquisitions.Â
Reading Time: < 1 minute UK: Third-party operator RBH Hospitality Management has been appointed to manage the Aparthotel Adagio London Sutton Point.Â
Reading Time: < 1 minute SAN speaks exclusively to David Whelan, CEO of Urban Rest, about the motivating reasons for launching its mid-stay BTR offer Urban+ and what challenges it seeks to address.