Articles tagged “extended stay”

As the hospitality industry pushes ahead on the road to recovery, Hilton remains optimistic about the future, supported by a resilient business model and a strong commercial engine. Continued conversion signings, new development, and extended stay brands are contributing to the expansion of its one million room portfolio.

The extended stay hotel sector continues to attract owners and investors due to its seemingly recession-proof traveler base, even during a global pandemic.

It’s never too early to start planning for growth, but even bullish leadership teams need to focus on the uncertain near-term before playing offense with conversion targets.

We wouldn't be surprised if Extended Stay America's first quarter and upcoming second quarter operating results together were among the very best of the battered public U.S. hotel companies. Going long on long-stay has never been such a safe business model as it is now during the coronavirus pandemic.

U.S. economy extended stay hotels continue to see relatively strong performance levels during the coronavirus downturn, while offering rooms for emergency services could maintain numbers from dipping as the crisis continues.

Choice Hotels had a strong year with lots of growth in 2019. The company is focused on bulking up its extended-stay portfolio to continue the trend in 2020 as corporate travelers look increasingly for more creative options.

IHG already has a couple of all-suite brands in its mainstream segment, so how will its new offering be any different? We'll have to wait to find out.

How is the extended stay sector evolving to meet demands from employees for accommodations offering more flexibility, convenience, and choice? And how will they do it while satisfying company concerns about consistency, quality, and safety? Our new webcast session shines a light on this rapidly evolving business travel segment.

BridgeStreet is bringing homeshares and hostels to its platform in order to offer more variety to business travelers. The key will be finding success among travel managers by making it easier for them to book stays outside traditional extended stay hotels.

If it's an economy/midscale or extended stay brand, expect hotel companies to keep launching them until eternity at this point.