The extended stay segment continued to lead the way to recovery in the lodging industry, according to earnings reports from Choice Hotels International and Extended Stay America. In a first quarter earnings call, Pat Pacious, Choice’s CEO, said the company’s WoodSpring Suites brand is the first to see revenue per available room (RevPAR) exceed 2019 results for the same period, driven by a more than 4% increase in average daily rate and average occupancy of 74%, which he called “a truly remarkable achievement.” He said the April RevPAR results mark near returns to 2019 levels. Pacious said the company continues to be optimistic given positive trends such as a demand increase in key urban locations and share gains in business travel. At Extended Stay America, RevPAR was down just 1.7% compared with the first quarter of 2020, when the full effects of the pandemic had not yet been felt. Average daily rate was down 5.7% for the period, partially offset by a 3.1 percentage-point increase in occupancy to 75%. ESA did not schedule an earnings call because it is in the midst of an acquisition by Blackstone Real Estate Partners and Starwood Capital Group.