4 post-pandemic opportunities for extended-stay hotels

Last year, extended-stay hotels reported some of the highest occupancies, according to research from STR. That’s no small feat during a global pandemic, when the industry saw many hotels closing their doors for months. According to the hotel data company, the segment also maintained its occupancy premium over other types of hotels, even as the industry’s overall occupancy dipped in January 2021 amid a second COVID-19 wave. During that time, extended-stay hotels averaged occupancy 20 points higher than non-extended-stay hotels. Contributed by Kelly Poling, chief commercial officer, Extended Stay America While the pandemic set forth many new challenges for extended-stay…
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