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Stories By: STR/CoStar

RevPAR for Extended Stay Hotels Drops for Fifth Straight Month in August

Research from The Highland Group shows resilience in economy segment…

A modern and cozy hotel suite featuring a dining area, a living room, and a separate bedroom. The dining area includes a white table with two upholstered chairs. The living room has a comfortable beige sectional sofa, a side table with a lamp, and a wall-mounted TV on a sleek desk paired with an ergonomic chair. Large windows with sheer curtains let in natural light. The bedroom, visible through an open doorway, includes a neatly made bed with white linens and modern bedside lamps. Neutral tones and contemporary artwork adorn the space, creating a relaxing atmosphere.

November Was One of Best Months in 2024 for Extended Stay Hotels, Says Report

Research from The Highland Group shows increases in rate and RevPAR >>…