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Extended-Stay Occupancy Rises Despite New Supply

For the past four quarters, demand grew faster than supply for extended-stay hotels in the United States. Continuing that trend, extended-stay occupancy reached one of its highest second-quarter levels in 17 years, according to The Highland Group’s 2018 Mid-Year Extended-Stay ...

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IHT Sells its Subsidiary, IBC Hotels, to OBASA Capital Investments

PHOENIX—On August 15, 2018, InnSuites Hospitality Trust, through InnSuites Hotels, Inc., entered into an agreement to sell its wholly-owned subsidiary, IBC Hotels to a wholly-owned subsidiary of OBASA Capital Investments, Inc., an independent third-party purchaser. The sale was completed, with ...

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On the Move: This Week’s Comings and Goings

On the Move: This Week’s Comings and Goings

G6 Hospitality has named Greg Juceam as president and chief operating officer. Prior to joining G6 Hospitality, which is the parent company of Motel 6 and Studio 6 brands, Juceam served as CEO of BRE Hotels and Resorts, a non-listed ...

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G6 Hospitality Names Greg Juceam President and COO

G6 Hospitality Names Greg Juceam President and COO

DALLAS—G6 Hospitality LLC, the parent company of Motel 6 and Studio 6 brands in the United States and Canada, today announced Greg Juceam has joined the company as president and chief operating officer. As part of the executive leadership team, ...

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