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 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.