The extended-stay pipeline is heating up
Hotel Business
NOVEMBER 17, 2022
From Q3 ’21 to Q3 ’22, the extended stay new construction pipeline grew 26% Year-Over-Year (YOY) by rooms. Construction Pipeline are extended-stay projects, accounting for 35% of projects and 30% of the rooms in the total U.S. In Q3 2017, projects in the early planning phase stood at 248 projects/23,683 rooms.
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