Skift Take
The extended-stay segment might be considered a unique animal, but its performance begs to be considered the king of the jungle. Understand why and understand who the leaders are who are driving the trends.
Today we are launching a new FREE Skift Travel Trends Report, The Changing Business of Extended-Stay Hotels, brought to you in partnership with Homewood Suites by Hilton.
It’s the hotel segment that boasts the greatest profit margins, leading-edge revenue per available room, and long-term guest relationships. The extended-stay segment might be considered a unique animal, but its performance begs to be considered the king of the jungle.
This report examines how the leading extended-stay brands and operators are responding to consumer trends and market demands to drive profitability and guest satisfaction, with an emphasis on increasing awareness of the extended-stay concept among consumers.
At the same time, extended-stay hotels have an eye to the future, operators and developers are innovating and expanding their product offerings and locations in order to meet the needs of their flourishing customer base.
Learn more about:
- Who the leaders and innovators are in the extended-stay hotel industry
- How and where extended-stay hotel brands and properties are expanding globally
- What constitutes an extended-stay hotel and why they work for both business and leisure travelers
Get a peek below, and download the full report here, free!
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Tags: extended stay, hilton, homewood suites
Photo credit: Homewood Suites by Hilton + Skift Present: The Changing Business of Extended-Stay Hotels