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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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Examining the Segments Within Extended-Stay Hotels

Examining the Segments Within Extended-Stay Hotels

When investing in hotels, two of the metrics most frequently evaluated are recent year-over-year trends in revenues and profits, as well as current performance values. Investors need to balance the current levels of a property’s occupancy, average daily rates (ADR), ...

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Choice Hotels Focuses on Franchisees at 64th Annual Convention

Choice Hotels Focuses on Franchisees at 64th Annual Convention

Last week, more than 6,000 people—including owners, developers, managers, vendors, and Choice Hotels corporate team members—met at Mandalay Bay Resort and Casino in Las Vegas, Nevada for the company’s 64th Annual Convention. The first convention helmed by Choice Hotels’ new ...

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