
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: < 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 reported an uptick for extended stay hotel ADR growth after five months of deceleration.
Reading Time: < 1 minute US: The Highland Group, which provides consulting services to the lodging sector, has said the extended stay sector is seeing a full recovery.
Reading Time: 1 minute US: The Highland Group, which has released its March extended stay bulletin, has found extended stay hotel ADR has increased 30 per cent, as supply growth falls to an eight year low.
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Reading Time: 2 minutes Worldwide: The latest Quarterly Market Update report from serviced apartment agent SilverDoor shows how established and emerging markets across Asia Pacific are seeing increased demand from corporates.Â
Reading Time: 2 minutes US: Everhome Suites, the midscale extended stay brand from Choice Hotels, has expanded across four states in North America.
Reading Time: 2 minutes UK: Aparthotel brand Adagio has launched a flagship location in London, called Adagio Original London City East.
Reading Time: < 1 minute UK/UAE: Serviced apartment company Cheval Collection has appointed Nick Pilbeam as chief commercial officer (CCO).
Reading Time: < 1 minute Canada: Hospitality group Kalido will open Keefer House this July, a boutique aparthotel located in Vancouver’s Chinatown district.Â
Reading Time: 2 minutes Singapore: Hong Kong-based rental accommodation provider Weave Living has acquired a freehold serviced apartment building at 12 Shan Road in Novena, Singapore, in partnership with BlackRock and Lian Beng Group.