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.
Sonesta expands in Caribbean with 5-hotel deal
News / Brands
Sonesta expands in Caribbean with 5-hotel deal
By Rob Schneider | September 16, 2024
Sonesta expands in Caribbean with 5-hotel deal false Sonesta expands in Caribbean with 5-hotel deal The first property will open in 2026 in Jarabacoa, Dominican Republic, and the rest will be completed over the next seven years.  Brought to you by 54154 0... Read More
Latest news: Certares, TMGOC add in Florida; Sage adds Marriott apartment; Ares closes $3.3B fund
News / Mergers and Acquisitions
Latest news: Certares, TMGOC add in Florida; Sage adds Marriott apartment; Ares closes $3.3B fund
By Rob Schneider | September 16, 2024
Breaking news about deals, development, data and more.... Read More
Latest news: Omni adds in Texas; vacant STL hotel under contract; Ventive Hospitality IPO
News / Brands
Latest news: Omni adds in Texas; vacant STL hotel under contract; Ventive Hospitality IPO
By Rob Schneider | September 13, 2024
Breaking news about deals, development, data and more.... Read More
Hotel executive moves: Hotel Equities, SH Hotels, Stonebridge
News / Owners
Hotel executive moves: Hotel Equities, SH Hotels, Stonebridge
By Rob Schneider | September 13, 2024
Here’s a roundup of the top hotel executive moves of the past week.... Read More
Deal activity: September 4-10, 2024
News / Transactions Lists
Deal activity: September 4-10, 2024
By Shawn Turner | September 12, 2024
Among the noteworthy deals of the past week was Blackstone’s acquisition of the Hyatt Regency Clearwater in Florida from Westmont Hospitality Group for $137 million.... Read More
Inside Damon Healey's passion for scale in extended-stay
News / Owners
Inside Damon Healey's passion for scale in extended-stay
By Rob Schneider | September 12, 2024
Damon Healey of Eternal Companies was the first owner in Choice’s reintroduced SOAR program. We talked to him about his company, the first deal and what he represents.... Read More
Dissecting the fragmented wellness market
News / Owners
Dissecting the fragmented wellness market
By Rob Schneider | September 12, 2024
RLA Global’s annual wellness report shows luxury properties rule in GOPPAR, while upper upscale has the stronger profit performance.... Read More
Quotes of the week: Hyatt, Driftwood Capital, Salter Brothers; and more
News / Insights
Quotes of the week: Hyatt, Driftwood Capital, Salter Brothers; and more
By Jeffrey Weinstein & Rob Schneider | September 12, 2024
Noteworthy quotes from the week's stories, including Hyatt's Mark Hoplamazian on Taylor Swift impacting GDP growth.... Read More
Latest news: Motel One to Miami; LionGrove's big plan in Puerto Rico; IHG grows Vignette
News / Owners
Latest news: Motel One to Miami; LionGrove's big plan in Puerto Rico; IHG grows Vignette
September 12, 2024
Breaking news about deals, development, data and more.... Read More
NYC hoteliers take to streets to fight license bill
News / North America
NYC hoteliers take to streets to fight license bill
By Jeffrey Weinstein | September 12, 2024
More than 1,000 hoteliers and supporters rally to urge City Council to reject a bill that would prohibit hoteliers from hiring subcontractors.... Read More
Driftwood’s ‘to infinity and beyond’ portfolio
News / Owners
Driftwood’s ‘to infinity and beyond’ portfolio
By Jeffrey Weinstein | September 11, 2024
The Miami-based firm has closed its “Space Coast” fund with a projected return north of 20% and a desire to hold the assets for a very long time.... Read More
Latest news: Flynn Properties $54M refi; Indus secures $26.4M loan; first Spark in Canada
News / Financing
Latest news: Flynn Properties $54M refi; Indus secures $26.4M loan; first Spark in Canada
By Rob Schneider | September 11, 2024
Breaking news about deals, development, data and more.... Read More
Fuller to receive ALIS Lifetime Achievement Award
News / Insights
Fuller to receive ALIS Lifetime Achievement Award
By Jeffrey Weinstein | September 11, 2024
Longtime Marriott executive who for years led international development will be honored at the 2025 conference in Los Angeles. ... Read More
Openings keep growing in Europe: LE
News / EMEA
Openings keep growing in Europe: LE
By Rob Schneider | September 10, 2024
With almost half of Europe’s hotel pipeline currently under construction, Lodging Econometrics forecasts an increase in openings in the coming years.... Read More
Latest news: NewcrestImage buys in Ohio; third Le Petit Pali; first Regent standalone residence
News / Mergers and Acquisitions
Latest news: NewcrestImage buys in Ohio; third Le Petit Pali; first Regent standalone residence
By Rob Schneider | September 10, 2024
Breaking news about deals, development, data and more.... Read More
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