Tag: extended stay
Red Roof Creates a New Extended-Stay Brand: HomeTowne Studios
COLUMBUS, Ohio—Red Roof is entering the growing extended-stay market with the launch of a new sub-brand, HomeTowne Studios by Red Roof. The brand has...
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...
WoodSpring Suites Signed Record Number of Franchise Agreements in Q1 2018
ROCKVILLE, Md.—The WoodSpring Suites brand has been strengthening its position in the extended-stay segment since joining the Choice Hotels family of brands on February...
A Quarter of U.S Hotels Under Construction are Extended-Stay Properties
According to Lodging Econometrics (LE), 1,360 projects/143,379 rooms in the U.S. construction pipeline are extended-stay projects. Of these, 428 projects/47,340 rooms are already under...
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...
