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.
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.