Extended stay hotel equity yields average 18.3%, according to global consulting firm HVS, well in excess of most value-add and many ground-up multifamily development deals today.

At the value end, Extended Stay America Select Suites has rapidly expanded to 220 properties since debuting in late 2022. For the slightly more discerning long-term guest, there’s Extended Stay ...

Three of them — Hawthorn Suites, 6191 Quarter Horse Drive; Extended Stay America, 6255 Quarter Horse Drive; and HomeTowne Studios, 6275 Quarter Horse Drive — still operate under standing ...

Extended-stay hotels also can be the only option for individuals with evictions or other items on their legal record that prevent them from qualifying for standard leases, Lewinson and Siegel said.