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.
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.
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 SEA: Management company ONYX Hospitality Group has plans to launch its serviced apartment brand Shama in Malaysia, Laos and Thailand.
Reading Time: < 1 minute UK: Third-party operator RBH Hospitality Management has expanded its portfolio in Scotland with the signing of the dual-branded Staybridge Suites and Hotel Indigo Dundee.
Reading Time: < 1 minute Hosted by SAN editor – hospitality, Eloise Hanson. The serviced apartment industry is evolving rapidly, presenting new challenges and opportunities for leaders. Even with the …
Reading Time: < 1 minute Hosted by SAN editor – hospitality, Eloise Hanson. Ahead of the global Serviced Apartment Awards next month, SAN speaks to a panel of industry rising …
Reading Time: < 1 minute Hosted by SAN editor – hospitality, Eloise Hanson. The serviced apartment and branded residence market has experienced significant growth in recent years. As hotels seek …
Reading Time: < 1 minute Hosted by SAN editor – hospitality, Eloise Hanson. The fragmented extended stay sector presents opportunities for consolidation and growth through mergers and acquisitions. As larger …
Reading Time: < 1 minute Hosted by SAN editor – hospitality, Eloise Hanson. As travellers seek more flexible options, the average length of stay is steadily increasing at the same …
Reading Time: 2 minutes UK: Real estate platform AENDRE Group, which will develop lifestyle aparthotel brands, has expanded its team and appointed members to its advisory board.
Reading Time: 7 minutes UK: UK Chancellor Rachel Reeves MP has delivered a Labour Budget for the first time in 14 years as the government warned of “difficult” decisions to “restore economic stability” and plug a £22 billion black hole in public finances that was estimated by the Office for Budget Responsibility [OBR].
Reading Time: 2 minutes US: Landing, a membership company for flexible apartment living, says it has filled more than 3,000 multifamily units in 10 months.