Articles tagged “woodspring suites”

Hotels

Choice Hotels’ Brands, Explained

Choice Hotels continues to grow in the domestic market, with a particular focus on the midscale and upscale segments. It's likely to add more brands soon.

Choice Hotels’ Brands, Explained

Coronavirus

Blackstone and Starwood’s $1.5 Billion Deal Throws Fuel on Extended Stay

Investors liked the durability and continual operation of extended-stay hotels during the worst of the pandemic. But a $1.5 billion play for a portfolio and not even the entire WoodSpring Suites brand shows where investors see travel demand concentrating during the recovery.

Blackstone and Starwood’s $1.5 Billion Deal Throws Fuel on Extended Stay

Coronavirus

Choice Hotels Expects Brand Conversions and Extended Stay to Fuel Post-Pandemic Growth

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.

Choice Hotels Expects Brand Conversions and Extended Stay to Fuel Post-Pandemic Growth

Hotels

Choice Hotels Sees WoodSpring Suites Deal as a Breakthrough in Extended Stay

Choice CEO Pat Pacious has demonstrated he's not one for a sleepy start as he settles into his new role as CEO. He's hit the ground running with the rollout of a new booking system and an acquisition that will help the company play ball in a competitive midscale and extended stay landscape.

Choice Hotels Sees WoodSpring Suites Deal as a Breakthrough in Extended Stay

Hotels

Choice Hotels to Buy WoodSpring Suites in Extended Stay Market Play

It wouldn't be a proper end of the year in hospitality without at least one more merger or acquisition, right? Choice Hotels' purchase of WoodSpring Suites makes some sense as it bolsters its position in the midscale and economy extended-stay space.

Choice Hotels to Buy WoodSpring Suites in Extended Stay Market Play