Choice Hotels Drives Success, Resiliency Of Extended Stay Brands
/PRNewswire/ -- On the heels of strong performance and growth last year, Choice Hotels International, Inc.'s (NYSE: CHH) extended stay portfolio, which...
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/PRNewswire/ -- On the heels of strong performance and growth last year, Choice Hotels International, Inc.'s (NYSE: CHH) extended stay portfolio, which...
/PRNewswire/ -- On the heels of strong performance and growth last year, Choice Hotels International, Inc.'s (NYSE: CHH) extended stay portfolio, which...
On the heels of strong performance and growth last year, Choice Hotels International, Inc.'s (NYSE: CHH) extended stay portfolio, which includes economy brands WoodSpring Suites and Suburban Extended Stay as well as midscale brand MainStay Suites, continues to outperform the industry in RevPAR, average daily rate and occupancy growth and exceeded pre-pandemic results across all three metrics. In addition, the growth of Everhome Suites, Choice's newest extended stay brand in the midscale segment, is starting to take off.
Investment firm giants Blackstone and Starwood Capital are once again joining forces to take over a significant number of extended-stay hotels.
Choice Hotels' Extended Stay Portfolio Continues To Achieve Resilient Performance Extended Stay Brands Expand Domestic Portfolio by 44 Hotels to nearly 450 in 2020, and Reach Domestic Pipeline of over 315 Hotels News provided by Share this article Share this article ROCKVILLE, Md., March 12, 2021 /PRNewswire/ -- Choice Hotels International, Inc.'s (NYSE: CHH) extended stay portfolio, which includes economy brands WoodSpring Suites and Suburban Extended Stay as well as midscale brands MainStay Suites and Everhome Suites, continued in 2020 to outperform the industry amid the COVID-19 pande...