Extended Stay Hotel Segment

Read the latest trends and developments in the extended stay hotel segment through Hotel Investment Today's dedicated section. Our detailed coverage includes market forecasts, development, financing news, strategic growth opportunities, and more that impact this hotel segment.

News / Transactions Lists

Deal activity: December 3-10, 2024

By Shawn Turner | December 13, 2024

Among the noteworthy deals of the past week was Ashford Hospitality Trust’s sale of the Courtyard Boston Downtown in Boston to an undisclosed seller for $123 million.... Read More

News / Brands

Latest news: Four Seasons to Puerto Rico; Blackstone adds in Japan; Hard Rock collab in KSA

By Rob Schneider | December 13, 2024

Breaking news on deals, development, data and more.... Read More

News / Insights

Quotes of the week: Marriott, Shaner Hotels, Urban Villages

By Rob Schneider & Jeffrey Weinstein | December 11, 2024

Among the noteworthy quotes of the week is Shaner Hotels President Plato Ghinos on Shaner’s Italia division’s recently announced partnership with The First Group for hotel management and development.... Read More

News / Management

Behind Shaner’s move into the Middle East

By Jeffrey Weinstein | December 11, 2024

A Penn State connection leads to deal that will see Shaner, The First Group look to expand HMAs in Middle East, North Africa, Greece and Cyprus. ... Read More

News / Owners

Latest news: Dean Group to Florida; AJ buys in N. Ireland; A-1 partners with Delta Inn

By Rob Schneider | December 11, 2024

Breaking news on deals, development, data and more.... Read More

News / Mergers and Acquisitions

MCR acquires Hyatt Regency O’Hare Chicago

By Rob Schneider | December 11, 2024

MCR, the third largest hotel owner-operator in the U.S., has acquired the largest hotel near Chicago O’Hare International Airport for an undisclosed amount.... Read More

News / Owners

Cleveland NFL project will include two hotels

By Rob Schneider | December 10, 2024

The 176-acre mixed-use development, which will be anchored with a new NFL stadium, will ultimately include two upscale hotels, 1,100 apartments and 300,000 sq. ft. in retail space.... Read More

News

F&B is driving labor cost growth in 2024: STR

By Rob Schneider | December 10, 2024

The research found that while room labor makes up the highest proportion of staffing expenses, an increase in F&B labor costs is driving most of the increase.... Read More

News / Debt and Equity

Clarion Partners refinances 52-hotel portfolio

By Jeffrey Weinstein | December 10, 2024

A $677 million deal for 7,677 keys comes after $500 million in capex over the past 20 years, including $257 million over the past five years.... Read More

News / Mergers and Acquisitions

Latest news: Pierre on market again?; update on Sunstone rumor; Azul grows Red Cliffs

By Jeffrey Weinstein | December 10, 2024

Breaking news on deals, development, data and more.... Read More

News / Financing

Latest news: Loan for Cali hotel; Ashford converts in Florida; Lore converts Mondrian

December 9, 2024

Breaking news about deals, development, data and more.... Read More

News / Owners

Hotel executive moves: Beaumier, Doyle Collection, Rosen Hotels

By Rob Schneider | December 6, 2024

Here’s a roundup of the top hotel executive moves of the past week.... Read More

News / Financing

Latest news: Fontainebleau refi; Brookfield buys in Brisbane; Vegas arena hotel

By Rob Schneider | December 6, 2024

Breaking news about deals, development, data and more.... Read More

News / Contributed Perspectives

Evolving role of the competitor set

By Dimitris Mittas | December 6, 2024

How comparing yourself to others helps you adapt pricing strategy and can really make you better.... Read More

News / Mergers and Acquisitions

Covivio, AccorInvest finalize almost €800M deal

By Rob Schneider | December 5, 2024

Covivio now owns 43 hotels in France, Belgium, and Germany and sells 16 hotels to AccorInvest in the same regions. Several management firms are also involved to help accelerate the repositioning plan.... Read More

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