Articles tagged “extended stay”

Hotels

How Blackstone Ignored Consensus and Kept Investing in Hotels

Blackstone had the resources and stomach to stick with its instincts, relying on data, and bought up distressed properties to great advantage during the recession. It is not a company to bet against.

Dennis Schaal, Skift | 9 years ago

SkiftX

Blackstone Acquires 15 Limited Service Hotels as It Readies La Quinta IPO

The actual or prospective IPOs of Hilton Worldwide, Extended Stay America and La Quinta notwithstanding, Blackstone is adding pieces to the empire.

Dennis Schaal, Skift | 9 years ago

Hotels

Limited-Service Hotels are Enjoying a Renaissance Among Travelers

The five-star hotels may be glamorous and prestigious, but the Hampton Inns and the Extended Stay Americas may generated more profits, and the latter is rapidly gaining favor among travelers.

Dennis Schaal, Skift | 10 years ago

Hotels

Extended-stays, the sleeper hit in the hotel industry

Skift | 11 years ago

Business Travel

Hotels upgrade suites to make extended stays feel more like home

IHG, Marriott, and Best Western have upgraded suites to fit business travelers’ needs in recent years, but touting the ‘suite’ name won’t mean higher profits until corporate travel picks back up.

Skift | 11 years ago

Hotels

Best Western shares plans for extended-stay hotels at global conference

Hotels

Best Western readies to integrate extended-stay rooms in new properties

Hotels

Demand continues to rise for extended-stay hotels, even as rates increase

Established brands like Marriott and Hilton are expanding their extended-stay properties -- a lucrative move as the revenues for these hotels have increased over 8 percent for the last year.

Skift | 11 years ago