Articles tagged “courtyard”

Exporting the Extended-Stay Hotel Model Around the World

Exporting the Extended-Stay Hotel Model Around the World

James O'Brien, Skift

The success of the sharing economy demonstrates that there is a market for hotel brands that cater to travelers who need to spend a longer time in a destination but demand fewer frills.

5 years ago

Marriott’s CEO on the Difficulty of Rejuvenating Old Brands

Marriott’s CEO on the Difficulty of Rejuvenating Old Brands

Dennis Schaal, Skift

The "local" trend in the hospitality industry only goes so far and Marriott is worried about freshening up some of its older brands such as Marriott and Courtyard. CEO Sorenson concedes that not every property can be unique.

5 years ago

Blackstone continues hotel-buying spree, snaps up Apple REIT Six for $1.2 billion

Prashant Gopal, Bloomberg

Hotel brands have been busy shedding properties in favor of operating agreements over the last few years while private equity firms have been snapping them up piece by piece. Which side will come up on top?

6 years ago