Choice opens 500th extended stay hotel
Eloise Hanson
25 October 2024
Reading Time: 2 minutes US: Choice Hotels has opened its 500th extended stay property, an Everhome Suites in Glendale, Arizona.
Choice Hotels grows extended stay offering by 50 per cent H1 2023
Eloise Hanson
14 July 2023
Reading Time: < 1 minute Worldwide: In its latest business update, hotel franchisor Choice Hotels has revealed that the company grew its extended stay segment by 50 per cent during the first half of 2023.
WoodSpring Suites opens record number of hotels in one month
Isha Borkar
6 June 2023
Reading Time: < 1 minute USA: WoodSpring Suites, the new-build extended-stay brand from Choice Hotels, has opened six hotels during the month of May with 300 in the pipeline across the US.
Choice to develop nine WoodSpring Suites in Georgia and South Carolina
Felicity Cousins
14 November 2022
Reading Time: 2 minutes US: Choice Hotels International has signed an agreement with Noble Investment Group to develop nine WoodSpring Suites.
IHM’s ones to watch in the year ahead
George Sell
24 August 2022
Reading Time: 15 minutes Worldwide: Drawing from the knowledge gained by publishing four sector-leading b2b websites, the editorial team at International Hospitality Media [ IHM ] has created a list of 20 influential leaders across travel, hospitality and real estate who they believe have a big 12 months ahead of them.
Choice refreshes and rebrands Suburban extended stay flag
George Sell
16 March 2022
Reading Time: 2 minutes US: Choice Hotels International has is modernising and rebranding its Suburban Extended Stay franchise brand as a low-cost, flexible conversion model called Suburban Studios.
Sandpiper acquires Florida extended stay hotel
George Sell
8 February 2022
Reading Time: < 1 minute US: Sandpiper Lodging Trust (SLT) has acquired a new-build WoodSpring Suites extended stay hotel in Tampa, Florida.
Investment powerhouses betting big on extended stay
George Sell
24 January 2022
Reading Time: < 1 minute The collaboration of two of the biggest global investment firms – Blackstone and Starwood Capital – has given the already healthy extended stay sector a further shot in the arm.
Blackstone and Starwood Capital partner for $1.5 billion extended stay hotel deal
George Sell
24 January 2022
Reading Time: < 1 minute US: Blackstone and Starwood Capital Group are partnering to acquire 111 WoodSpring Suites-branded hotels from Brookfield Asset Management.
Colorado extended stay hotels change hands
George Sell
10 January 2022
Reading Time: < 1 minute US: A pair of extended-stay hotel properties in Loveland and Longmont, Colrado, have changed ownership.
WestProp breaks ground an Radisson apartments in Zimbabwe
Reading Time: < 1 minute Zimbabwe: Developer WestProp Holdings Limited has broken ground on the first Radisson-branded serviced apartments in the country.
Bank of England cuts interest rates by quarter point
Reading Time: 3 minutes UK: The Bank of England has cut the cost of borrowing, reducing the base interest rate from 4.5 per cent to 4.25 per cent, a decision that stems from concerns about global economic uncertainties, particularly US trade tariffs.
Your Apartment expands in London with Camden site
Reading Time: < 1 minute UK: Serviced apartment brand Your Apartment has opened its latest London property, located in Camden.
Sydney aparthotel sold for coliving conversion in $31.5 million deal
Reading Time: < 1 minute Australia: BGO Strategic Capital Partners and Hotel Capital Partners have acquired the Sydney Potts Point Central Apartment Hotel for AUS$31.5 million.
Caliber signs 15 Hyatt Studios development deal across the US
Reading Time: 2 minutes US: Real estate investor, developer, and manager Caliber Hospitality Development has signed an agreement with Hyatt to develop 15 Hyatt Studios hotels across five states.
Branded residences to top 1,600 global projects by 2030
Reading Time: 2 minutes Worldwide: The sixth edition of Branded Residences: An Overview, an independent report by Graham Associates, provides the latest data and analysis on the global branded residences sector.
Cost pressures and fragmented carbon data hinders green travel
Reading Time: 2 minutes UK: A sustainability roundtable hosted by global serviced apartment agent SilverDoor found that fragmented carbon data and cost pressures are preventing businesses from meeting their travel sustainability targets.
Millennials and Gen Z want more business trips, CTM finds
Reading Time: 2 minutes Worldwide: Data from global business travel specialist Corporate Travel Management (CTM) shows that Millennials and Gen Z employees want to travel more for work and see business travel as a key driver of professional growth and job satisfaction.
The July to launch first UK aparthotel in London Victoria this June
Reading Time: 2 minutes UK: Amsterdam-based hospitality brand The July is set to open its first UK property this June, unveiling a 114-room aparthotel in London’s Victoria district.
“Father of corporate housing” Howard Ruby dies aged 90
Reading Time: 2 minutes US: Howard Ruby, founder of serviced apartment company Oakwood and widely regarded as the father of corporate housing, has died aged 90.