Showing Results for tag: extended stay
Provident rebrands second property as ESA
US: Provident Realty Advisors rebranded a Texas Candlewood Suites as an Extended Stay America property.
Extended Stay America on target for $275 million in quarterly earnings
US: Brokerages expect Extended Stay America (NYSE:STAY) to announce $275.09 million in sales for the current fiscal quarter, according to Zacks Investment Research.
Remington Hotels to manage Colorado Residence Inn
US: Third-party management company Remington Hotels has signed an agreement to manage the Residence Inn Steamboat Springs in Steamboat Springs, Colorado.
Extended stay hotel opens on Amelia Island
US: A Home2 Suites by Hilton property has opened on Amelia Island, South Carolina.
Embassy Suites opens in Arkansas
US: The 203-key Embassy Suites by Hilton Jonesboro Red Wolf Convention Center has opened in Jonesboro, Arkansas.
First UK Hyatt House property opens in Manchester
UK: Hyatt has announced the opening of the 116-key Hyatt House Manchester, the extended stay brand's first UK hotel.
Latest Florida Residence Inn opens for business
US: The 95-key Residence Inn by Marriott St. Petersburg Tierra Verde has opened its doors to guests.
Residence Inn opens in Walnut Creek
US: The 160-suite Residence Inn by Marriott in Walnut Creek, California is open for business.
Global inventory grows by 14.75 per cent in 18 months
UK: A preview of the 2020 Global Serviced Apartments Industry Report (GSAIR) has shown that global inventory has risen by 14.75 per cent since June 2018.
US extended stay: still strong with opportunities aplenty
Mark Skinner, partner at The Highland Group, gives SAN the latest snapshot of the flourishing US extended stay market.
First company-owned ESA new-build for 12 years opens in Florida
US: Extended Stay America has opened a new company owned hotel in Gibsonton, Florida, the first of its kind for the brand in more than 12 years.
WoodSpring opens 50th Texas property
US: WoodSpring Suites has opened WoodSpring Suites Pecos, the brand's 50th property in the Lone Star State.
Greater Boston Residence Inn opens for business
US: The 136-key Residence Inn by Marriott in Natick, Massachusetts has opened its doors.
Extended Stay America appoints Haase as CEO
US: Extended Stay America (ESA) has appointed former WoodSpring Hotels CEO Bruce Haase as president and CEO.
Planning lodged for Georgia ESA property
US: TCG Group has submitted plans for a new-build Extended Stay America hotel on Avalon Court in McDonagh, Georgia.
US extended stay sector in “great shape”
US: The latest report from the Highland Group reveals the US extended stay sector saw increased supply and revenues in the year to September 30.
Texas extended stay hotel converted to ESA
US: A former Candlewood Suites in Katy, Texas, has been converted into an Extended Stay America property.
Best Western opens Calgary extended stay property
Canada: The 117-key Executive Residency by Best Western Calgary City View North has opened for business.
Residence Inn opens Hawaii property
US: Marriott has opened a 183-suite Residence Inn in Kapolei, on the island of Oahu in Hawaii.
REVPAR dip for ESA
US: Extended Stay America has announced its results for the three and nine months to September 30 2019.
Towneplace Suites tops out in Nashville
US: A topping out ceremony has been held at a 204-key Towneplace Suites property in Nashville.
Entries open for 2020 Serviced Apartment Awards
UK: The entry period for the fifth annual Serviced Apartment Awards - complete with two new categories - is open until January 31st 2020.
Cycas expands commercial team
Netherlands: Cycas Hospitality hired four sales and revenue management staff to help it deliver the next stage of growth.
Quick Q&A: Louay Sarrage, SRG Holding
Louay Sarrage, head of hospitality and asset management at SRG Holding, talks to SAN about the company's forthcoming extended stay projects in Dubai.
Hilton to take extended stay brands to China
China: Hilton plans to introduce more of its brands to China, including at least one extended stay brand.
Investment partners complete acquisition of extended stay hotel portfolio
US: A partnership between Three Wall Capital and Guggenheim Investments has completed the acquisition of an 18-asset extended stay hotel portfolio.
Extended Stay America offers help to hurricane victims
US/Bahamas: Extended Stay America has announced plans to aid victims of Hurricane Dorian by providing temporary shelter assistance for those in need.
Best Western launches SureStay Studio extended stay brand
US: At its 2019 US convention, Best Western Hotels & Resorts (BWHR) has announced the launch of the SureStay Studio brand.
Hyatt House to open in downtown Syracuse
US: A Hyatt House extended stay hotel will open next year in the southern downton area of Syracuse, New York state.
Radisson Blu Hotel and Residence open in Nairobi
Kenya: A 122-key Radisson Blu Hotel and Residence has opened in Nairobi.
Marriott opens Residence Inn property in Iowa
US: The 90-key Residence Inn by Marriott in Ankeny, Iowa, has opened today.
Wyndham to launch dual branded projects with extended stay brand
US: Wyndham president and CEO Geoff Ballotti has announced a raft of new initiatives including dual branded Hawtorn Suites and la Quinta properties.
My Place hits 50 property milestone
US: My Place Hotels has opened its 50 and 51st properties in South Dakota and Nevada respectively.
Residence Inn to replace Motel 6 property in Michigan
US: A 111-key Residence Inn hotel could replace the Motel 6 on South State Street in Pittsfield Township, Michigan.
Manchester serviced apartments to be rebranded as city's first Residence Inn
UK: Operator Cycas Hospitality and owner Ciel Capital have signed an agreement for Marriott’s first extended stay property in the north of England.
Hyatt House to make UK debut in Manchester
UK: Two hotels in The Lume building in Manchester, which are currently branded with Marriott flags, will become Hyatt properties from January 10 2020.
Construction starts on Saginaw extended stay hotel
US: Building work is underway on a $7 million Home2 Suites by Hilton in Saginaw County, Michigan.
Marriott to phase out single use toiletry bottles by December 2020
US: Marriott says it will swap single-use toiletry bottles for larger pump-top bottles by December 2020 in most of its properties.
A brace of southern extended stay hotels each for Marriott and Hilton
US: Home2 Suites by Hilton and Residence Inn by Marriott have each opened two hotels in the South this month.
Residence Inn opens in Washington State
US: The 146-suite Residence Inn by Marriott in the Seattle suburb of Renton has opened for business.
First Sofitel Serviced Residences to open in Seoul
South Korea: Accor has announced the launch of its first Sofitel Hotel & Serviced Residences, in Songpa, Seoul.
Downtown Tuscon set for first extended stay property
US: Fayth Hospitality Group has started construction of a 76-room Hampton Inn and a 123-room Home2Suites at 141 S. Stone Ave in Tucson.
City approval for Jacksonville Residence Inn
US: A permit has been granted for the construction of a 155-room, seven-storey Residence Inn by Marriott, at a cost of $21.5 million.
US extended stay occupancy reaches Q2 record level
US: Extended-stay occupancy rose to 79.9 per cent in Q@ 2019, the highest level ever reported in that quarter, according to The Highland Group.
Two US hospitality REITs to merge
US: Park Hotels & Resorts has reached a deal to acquire Chesapeake Lodging Trust in a deal that will bring its market value to $12 billion.
First My Place hotel in Virginia breaks ground
US: My Place Hotels has broken ground on Virginia’s first My Place Hotel in King George.
ESA boosts pipeline by 18 per cent in Q2
USA: Extended Stay America (ESA) has recorded revenues of $323.7 million in Q2 2019, while boosting its pipeline by nearly a fifth.
Dual branded Marriott property opens in Silicon Valley
US: A dual-branded 147-suite Residence Inn and 114-room Fairfield hotel has opened in San Jose, California.
