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U.S. EXTENDED-STAY HOTELS set new records for demand, ADR, RevPAR and room revenues in the fourth quarter of 2022, according to a report from hotel investment advisors The Highland Group. Also, the report showed rate resistance is apparent at lower price points due to recession and the economy extended-stay segment reported nine consecutive months of declining demand and three successive quarterly falls in occupancy. According to the Highland Group's "U.S. Extended-Stay Hotels: Fourth Quarter 2022" report, mid-price extended-stay hotels reported their second consecutive quarterly decline in occupancy in fourth quarter. Similar occupancy declines occurred for about two years starting in mid-2015 before ADR growth moderated and occupancy recovered. Extended-stay hotel supply growth was the lowest since 2013 during the quarter, below its long-term historical average for 20 consecutive quarters. The last time extended-stay supply growth was consistently near its current level was from 2010 fourth quarter through third quarter of 2014. "Extended-stay hotel RevPAR was more than 12 percent higher than in fourth quarter of 2019. There were 567,770 extended-stay hotel rooms open at the end of the quarter. Excluding 2020, the 6,481 net gain in rooms open over the last year was the lowest annual increase since 2012. Room nights available increased 1.2 percent over the last year which was the smallest annual gain in supply for nine years," the report said. "Fractional net economy and upscale segment supply gains compared to 2021 are largely due to re-branding moving rooms between segments in our database, de-flagging of hotels which no longer meet brand standards, as well as the sales of some hotels to multi-family apartment companies and municipalities."

Book your Hotel in Al Olaya, Riyadh online at Rukon Buotat 15. Book Now! with Secure Booking, no reservation costs. great rates. 24/7 customer service. get instant confirmation. The Rukon Buotat 15 Aparthotel is also known as 3-star hotels in riyadh and placed about 4 km far from Kingdom Centre Tower. Rukon Buotat 15 is just a 5-minute drive from Al Faisaliyah Tower. Also Best hotels in riyadh olaya street. Read more at https://wp.me/padpP4-p

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EXTENDED-STAY HOTEL room supply in the 100 largest metropolitan statistical areas in the U.S. grew 2.5 percent in 2022 compared to 2021, its smallest increase in several years, according to a new report from The Highland Group. The survey, which researched supply, demand, revenues and new construction of extended-stay hotels, said the outcome in 2022 was about half the net supply gain reported in 2021. According to the report, the lengthening hotel development timeline, fewer construction starts, disenfranchising hotels that no longer meet brand standards, conversions to apartments and some municipalities acquiring extended-stay hotels for housing have resulted in the muted growth. While there was a sharp decline in reported extended-stay rooms under construction last year compared to 2021, construction starts increased 6 percent over the last 12 months. "However, they remain low compared to the pre-pandemic period, the report noted. RevPAR growth in 2022 strongly favored ADR as opposed to occupancy gains in 2021. "Consequently, more than 40 MSAs reported lower average occupancy in 2022 than during the previous year. However, only a dozen MSAs have not yet recovered RevPAR back to its nominal 2019 value compared to about half the MSAs last year," it showed.

Also known as serviced apartment, an apartment hotel is basically a fully furnished accommodation that is run like a hotel but it offers the privacy and comfort of a home.

Türkiz Apart Hotel, Kemer Otelleri, Antalya Otelleri, Herşey Dahil Oteller, Otel, Tatil Köyleri, Uçak Bileti Yurtdışı Turlar ve daha fazlası için 0256 612 6600 arayın.

Colossus Apart Hotel, Gümbet Otelleri, Bodrum Otelleri, Herşey Dahil Oteller, Otel, Tatil Köyleri, Uçak Bileti Yurtdışı Turlar ve daha fazlası için 0256 612 6600 arayın

Türkiz Apart Hotel, Kemer Otelleri, Antalya Otelleri, Herşey Dahil Oteller, Otel, Tatil Köyleri, Uçak Bileti Yurtdışı Turlar ve daha fazlası için 0256 612 6600 arayın.

Sydney is the city of tourist refreshment and entertainment. The city has various things to provide travelers. People come to stay this amazing city of Australia. Short holiday apartments are the first option for staying people with all their family or friends associates. Renting hotel apartment for all family members is very costly. Hotels even cost redundant for all extra member. Even so, when you rent a holiday apartment in Sydney you don't require to pay excess for extra persons staying with you.

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Are you bored of staying in Hotels and Lodges during your holidays? If yes, then try with alternate accommodation like service apartments which are available at almost all tourist destinations especially in Goa. Service or holiday apartments in Goa offer you unique experience of accommodation during your holidays with your family or friends. This is also one of the modern accommodation services that are accessible for tourist to spend holidays comfortably. It has become a new type of business to rent apartments per day or per week or even on monthly basis for travelers by owners of that property by providing all facilities required to stay

Hotels are no longer today the same type as it used to be. Over a period of time, the change in the architecture as well as the infrastructure of a hotel has changed. Many additional services have also been introduced for the guests to make them more comfortable. Apart from the basic amenities that a hotel provides one can find many luxurious facilities. But it all depends upon the choice and the preferences of the person whether he wants to stay at a low budget or a luxury hotel.

WYNDHAM HOTELS & RESORTS recently launched Wyndham Connect, a new guest engagement platform by Canary Technologies, in North America. The platform, first announced at the company's 2023 global conference, is available at no additional cost to owners, with nearly 2,000 North American hotels already using it, Wyndham said in a statement. "We always put our franchisees first, and investing in innovative technology like AI sets them apart from the competition," said Scott Strickland, Wyndham's chief commercial officer. "With access to powerful solutions like Wyndham Connect, our franchisees can manage their businesses more efficiently and curate guest experiences to help make stays more meaningful than ever. The result? Happier guests, higher chances for repeat business and money in franchisees' pockets."

Want to enjoy breakfast at the hotels near Al Majaz Waterfront? At Hotel 72, you will get the Al Majaz Premiere Hotel Apartments. Located in the vibrant heart of the city of Sharjah, Al Majaz Waterfront.

Water Habitat Retreat is a Luxurious 4 star hotel in Jodhpur presents an impressive selection of contemporary artwork. The hotel is lie between the Aravalli hills. The typical WHR hotel boasts with the royal hospitality. WHR offers in-Residence services in Deluxe Habitat, Premium Suite, Heritage Apartments and more with luxurious comfort. WHR persuade the guest royal stay similar as king and queen living in ancient time. With the stay you will so become the part of good cause with the "Jal Bhagirathi Foundation" to work as "water for all" initiative which will meet the accurate demands for safe and sustainable drinking water.