extended stay Archives

Hotels

Extended-Stay Boom Fuels Choice-Wyndham Competition

Wyndham's fast-growing extended-stay category intensifies the competitive dynamics of Choice Hotel's take-over bid as both companies vie for the increased business from construction workers and related trades.

Amina Niasse, Reuters | 4 hours ago

Short-Term Rentals

Choice Hotels on Extended Stay Versus Short-Term Rentals: Interview

Choice Hotels doesn't consider private equity entrants as competition, but as potential collaborators.

Srividya Kalyanaraman | 2 weeks ago

News Blog

Hyatt to Debut Its Extended-Stay Brand in Markets It Hasn’t Tapped Yet

Hyatt gave details on Wednesday about the first locations for Hyatt Studios, a brand it unveiled in April. The hotel operator will open the first Hyatt Studios just outside of Mobile, Alabama, and Marysville, California — targeting spots where its other brands aren't present. "We’ve learned that when Hyatt guests stay with a competing brand, they…

Sean O'Neill | 4 months ago

Hotels

Wyndham Sees Modest Weakening for Budget Hotels as Trends Normalize

Looking ahead, Wyndham executives said they weren't concerned about competition from Marriott, Hilton, and Hyatt in the extended-stay segment because they believe their model is aimed at delivering a more affordable product with lower costs for developers.

Sean O'Neill | 4 months ago

News Blog

Wyndham Signs 60 New Extended Stay Hotels in North America

Wyndham Hotels & Resorts said on Tuesday it had signed 60 more hotels for its Echo Suites Extended Stay by Wyndham brand in the U.S. and Canada. That brings the extended-stay brand’s pipeline to 265 hotels, with about 33,000 rooms. It's the fastest-growing brand in Wyndham's development pipeline. The growth is remarkable. Wyndham only formally announced the…

Sean O'Neill | 5 months ago

Hotels

Marriott Vs. Hilton: A Battle of Net Unit Growth

Marriott's scale and skew to slower growing segments has meant it has lagged behind its closest competitor Hilton on net unit growth for many years. Whilst its exposure to luxury historically disadvantaged growth, renewed interest in the development of luxury hotels post Covid will likely aid Marriott in bridging the unit growth gap with Hilton.

Pranavi Agarwal | 5 months ago