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U.S. Extended-Stay Hotel Rooms Top 400,000

At mid-year 2016 there were more than 40,000 extended-stay hotels rooms under construction in the U.S. This is the highest number at any mid-year or year-end point for at least 17 years. Despite the opening of more than 20,000 rooms ...

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Extended-Stay Consistently Outperforming Other Tiers

Extended-Stay Consistently Outperforming Other Tiers

As the U.S. lodging industry continues to post healthy results, it is worth examining some niche products and their performance. Many extended-stay chains are now offering their guestsrooms with a full kitchen and, often, silverware and dishware that allow them ...

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New Supply Does Not Hurt Extended-Stay

The fastest increase in new room supply did not put a damper on extended-stay, as first quarter 2016 room revenues rose 10.8 percent compared to the same period in 2015. This was the second largest first quarter gain in 10 ...

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Jack DeBoer Launches Fifth National Brand

Jack DeBoer Launches Fifth National Brand

WICHITA, Kan.—Jack DeBoer, considered the originator of extended-stay lodging, is introducing a new franchise concept with his team of Wichita-based hospitality professionals. WaterWalk combines extended-stay hotels with apartment ownership. The first building is already occupied and the second opens Nov. ...

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Homewood and Home2 Find Favor with Franchisees

Homewood and Home2 Find Favor with Franchisees

Twenty-two years after the successful launch of the upscale extended-stay Homewood Suites by Hilton brand, Hilton Worldwide doubled its presence in the extended-stay category, introducing the midscale Home2 Suites by Hilton in March 2011. In addition to price point, the ...

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