While there are higher-end options, the average rate for an economy-class extended-stay room was $56.68 a night during the first three months of 2024, according to the Highland Group, a research ...

Extended Stay shares, which were first priced at $13 but opened at $20.25, closed at $27.50 on Nasdaq after almost 5.5 million shares were traded.

A new national survey commissioned by Extended Stay America® and conducted by Wakefield Research reveals that extended stay hotels outperform vacation rentals or apartments when it comes to ...

Extended Stay America launched a higher-end brand this summer with the ink barely dry on Blackstone and Starwood Capital’s roughly $6 billion acquisition of the company.

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.

Extended stay hotels are a particularly bright spot in an otherwise steady hotel industry, especially in the U.S. These properties, often distinguished by having a kitchenette in each room and ...

(Extended Stay America says that its rates cover amenities like periodic housekeeping that are not included with a typical apartment.) “There’s been days where we decide if we are going to pay ...

The lawsuit was against Efficiency Lodge, an extended stay motel in south DeKalb County which was once co-owned by former Georgia Gov. Roy Barnes and his brother Ray Barnes.

Extended-stay hotels typically conjure up images of drab, multi-story buildings located a few blocks off the highway in the suburbs. These cookie-cutter chain hotels are clean, comfortable and get ...

Extended-stay hotels have always seen high demand from business travelers. But with more of those guests mixing leisure activities with their business trips and bringing their families along ...

Moreover, getting your extended stay hotel up and running at full capacity within the first year is essential to achieving long-term profitability. In my last article, we focused on permits and ...

Last year, extended-stay brands, particularly the economy and midscale segments, saw less dramatic declines in revenue per available room and occupancy than most traditional hotel brands. That trend ...