The ascension of extended-stay hotels in the U.S.
Hotel Business
FEBRUARY 15, 2024
marked by the highest counts recorded since Q2 2008 by Lodging Econometrics (LE) , there’s been a significant rise in the popularity of extended-stay hotels. In Q4 2023, middle-tier extended-stay brands significantly influenced the segment, accounting for 1,467 projects/139,092 rooms. that have 50 or more active projects in the U.S.
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