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Skift July 25, 2022Why Extended Stay Hotels Aren’t in Just a Hype Cycle. [Mark] Skinner said “the phenomenon isn’t confined to the budget segment. It’s creeping up the rate scale,” Skinner said. “It’s been a long time since I’ve seen so many 30-plus-consecutive-night stays in upscale extended-stay hotel brands.”

Boutique Hotel News July 15, 2022Strong recovery for boutique hotels, report shows. Kim Bardoul, partner at The Highland Group, said: “Although complete recovery has been hindered for some by location and supply growth, overall segment performance is expected to reach pre-pandemic levels soon; once again positioning the boutique hotel product as one of the most popular lodging types.”

Hotel Management July 14, 2022Behind the success of extended-stay hotels. “According to [The Highland Group’s] research, economy extended-stay hotels lost a tenth of the revenue that economy hotels in general did during 2020.“

Hotel Business July 8, 2022Extended-stay hotels staying the course. “The 1.9% increase in extended-stay room supply in May is the second successive month supply growth was below 2% since 2013 (excluding some of 2020 which was impacted by temporary closings of some hotels) and the eighth consecutive month of 4% or lower supply growth.” Mark Skinner, partner at The Highland Group, said.

Bloomberg June 23, 2022Atlanta’s Real Estate Boom Forces Locals to Live in Extended-Stay Hotels. At these budget [extended-stay] hotels, “you’ve just got to have enough money for your first week’s rent,” Highland Group partner Mark Skinner said. “And you don’t have to sign a lease.”

Hospitalitynet May 24, 2022Kim Bardoul has been appointed President at Atlanta Hospitality Alliance (AHA) in Atlanta.

Hotel News Now April 29, 20225 things to know for April 29: Extended-Stay Rates Grow as Supply Growth Drops. “Extended-stay hotel growth in demand and ADR are expected to moderate over the near term but with supply increases at an eight-year low, the outlook for strong gains in RevPAR remains very good” Mark Skinner, partner at The Highland Group, said.

Smart Meetings March 31, 2022 – The Continued Rise of the Extended Stay Hotel. “The investment returns [of extended stays] tend to be higher than traditional hotels of comparable price,” said Mark Skinner, partner at The Highland Group.

Serviced Apartment News November 15, 2021Record breaking Q3 for US extended stay market. “It is highly likely that extended stay hotels will continue to set new performance records during the near term,” said Mark Skinner, partner at The Highland Group.

Lodging Magazine September 21, 2021Extended Stay Remains Resilient Amid Continued Uncertainty. “According to a new report from the Highland Group, the [extended-stay] segment recorded 10.5 percent more revenue in July of 2021 than the same period in 2019.”

Hotel Management September 20, 2021Extended-stay leverages strengths for continued staying power. “According to a report from the Highland Group, overall extended-stay hotel demand rose 8.6 percent in Q1 of 2021, while overall U.S. hotel demand decreased 11.9 percent,” [said Mark Skinner]

Hotel News Now September 2, 20215 things to know for September 2: Extended-Stay Segment Outperformance Continues. “Economy, mid-price and upscale extended-stay hotels all posted higher revenues in July 2021 compared to two years ago,” [said Mark Skinner]

Hotel News Now August 17, 20215 things to know for August 17: Demand for Extended-Stay Hotels Hit Record High. “Record high demand, rapidly increasing [average daily rate] and a large decline in the supply pipeline indicate continued acceleration of the extended-stay hotel recovery in the near term,” said Mark Skinner, partner at the Highland Group.

Business Travel News August 16, 2021Report: Q2 U.S. Extended-Stay Demand at Record High. “The economy [extended-stay] segment posted record-high quarterly levels for each of the three key performance indicators.”[said Mark Skinner]

Serviced Apartment News August 11, 2021US extended stay sector continues strong recovery. “For all extended stay [hotels], the recovery index for occupancy is 99.3 per cent, for ADR is 91.1 per cent, for RevPar is 90.5 per cent, and for revenue is 101.8 per cent.” [said Mark Skinner]

Biznow News Now July 22, 2021Boutique Properties Stand To Bounce Back Best Of All In Hotel Sector. “Many boutiques also showed [revenue per available room] improvements in the latter part of the year as they began pulling back on rate discounts, placing them in a better position to recapture rate in the recovery years.”[said Kim Bardoul].

Hotel News Now July 12, 2021Independent-Focused Hotel Managers Add More Soft Brands as Segment Grows. “Whenever these typ