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RAB Research Archive

How extended stay hotels are pivoting towards a new generation of travelers



Extended stay hotels are a particularly bright spot in an otherwise steady hotel industry, especially in the U.S. These properties, often distinguished by having a kitchenette in each room and taking reservations, instead of requiring a lease, saw room night demand go up 5.4 percent in 2016 compared to 2015, according to a U.S. Extended Stay Lodging Market 2017 report from The Highland Group. That same report found occupancy for extended stay hotels remains steady at just over 75 percent.

Source: Skift



View or Download: https://skift.com/2017/04/19/how-extended-stay-hotels-are-pivoting-towards-a-new-generation-of-travelers/

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