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Articles tagged “extended stay”

Hotels

Why Extended Stay Hotels Aren’t in Just a Hype Cycle

A few plausible reasons explain why many investors and brands are checking into the extended-stay hotel category. The bottom line is that they expect to leave with suitcases full of profits for a long time.

Sean O'Neill | 10 months ago

Why Extended Stay Hotels Aren’t in Just a Hype Cycle

Hotels

Blackstone-Funded Edyn Aims to Glam Up Europe’s Extended-Stay Hotel Market

If Hoxton hotels and Airbnb had children together, they might be spacious rental apartments that have eclectic furniture and on-site staff. Edyn, one of a few players in this segment in Europe, suggests the market potential.

Sean O'Neill | 11 months ago

Blackstone-Funded Edyn Aims to Glam Up Europe’s Extended-Stay Hotel Market

Hotels

Choice Hotels Ready to Capture More Spontaneous Vacationers This Summer

Choice can boast a strong set of first-quarter results, but the hotel group thinks the best is yet to come with a summer of impromptu road trips ahead.

Matthew Parsons | 1 year ago

Choice Hotels Ready to Capture More Spontaneous Vacationers This Summer

Business Travel

Blackstone Gives Hotel Portfolio Access to Groups360 as Part of Wider $35 Million Funding Deal

Blackstone wants to capitalize on the upside of a travel recovery in hotels, and its investment in Groups360 is a small step. The upshot is it helps Groups360 triple the number of hotels it works with.

Matthew Parsons | 1 year ago

Blackstone Gives Hotel Portfolio Access to Groups360 as Part of Wider $35 Million Funding Deal

Hotels

Daily Podcast: Wyndham’s New Budget Extended-Stay Hotel Brand

Good morning from Skift. It's Wednesday, March 23, in New York City. Here's what you need to know about the business of travel today.

Rashaad Jorden | 1 year ago

Daily Podcast: Wyndham’s New Budget Extended-Stay Hotel Brand

Hotels

Wyndham to Create Economy Extended-Stay Brand

Expect other big hotel companies to add more economy extended-stay brands. They'll wager that a business model that reduces labor costs will have staying power for the long-term.

Sean O'Neill | 1 year ago

Wyndham to Create Economy Extended-Stay Brand

Short-Term Rentals

Placemakr Raises $90 Million for Next-Gen Lodging Including Hotel Pop-Ups

What performs better financially than a hotel, on average? A hybrid model of lodging that mixes short-term and long-term stays, according to Placemakr. Is the startup genius? Or is it trying to do too much?

Sean O'Neill | 1 year ago

Placemakr Raises $90 Million for Next-Gen Lodging Including Hotel Pop-Ups

Hotels

Why This Hybrid Hospitality Brand Ripped Out Its Tech Stack

Einstein said space-time is warped by matter and energy. The Student Hotel has a big idea, too. It thinks about what it sells in a matrix of space and time. Hoteliers: Study up.

Sean O'Neill | 1 year ago

Why This Hybrid Hospitality Brand Ripped Out Its Tech Stack

Hotels

Choice Considers Best Way to Expand Into High-End Hotels

It won’t be an easy task, but Choice Hotels moving beyond the sectors that gave it durability during the pandemic makes sense for the recovery — if it manages to build the right upscale portfolio.

Cameron Sperance | 1 year ago

Choice Considers Best Way to Expand Into High-End Hotels

Hotels

Marriott Flexes Its Extended Stay Muscle

Don’t let the multibillion-dollar deals from Blackstone and Starwood Capital for brands like Extended Stay America cloud one's brand judgment. Marriott is the massive player in the extended stay hotel sandbox — and has a leg up in appealing to more lucrative business travel.

Cameron Sperance | 1 year ago

Marriott Flexes Its Extended Stay Muscle