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IHG signs agreement for first Holiday Inn in Mauritius

IHG signs agreement for first Holiday Inn in Mauritius

DUBAI, UAE—InterContinental Hotels Group (IHG) has signed a new franchise agreement with Airport Hotel Limited that will see the Old Manor House at Plaisance Airport become Holiday Inn Mauritius – Plaisance Airport. The 140-room property will be the first Holiday ...

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Making an Extended Stay Play

Making an Extended Stay Play

Despite the shaky economy of the past few years, the extended-stay segment has managed to perform well. According to data from the Highland Group, extended-stay revenue per available room (RevPAR) increased 7 percent and rose to a nominal high of ...

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The Top and Bottom Lines

Developers are attracted to extended-stay (ES) hotels because of the relative simplicity of their operations and their high profit margins. Low levels of staffing combined with limited offerings of services and amenities allow for a significant portion of topline revenues ...

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