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Why Extended Stay Hotels Dominate the Pipeline | Bruce Ford, Lodging Econometrics

Season 9 Published 10Β months ago
Description

Extended stay dominates today's #hospitality development pipelineβ€”and I spoke with Bruce Ford, SVP at Lodging Econometrics, on No Vacancy Live to break it down.

Here's what we covered:
πŸ‘‰ Developers signed 39% of all new hotel projects as extended stay brands
πŸ‘‰ 34% of rooms in the pipeline belong to extended stay
πŸ‘‰ Franchise giants like Marriott, Hilton, and IHG push new prototypes that reshape #hotelconstruction
πŸ‘‰ Dual-brand projects and smaller footprints spread into secondary and tertiary markets

Bruce showed how #extendedstay continues to grow quickly while financing delays and shifting economic conditions force developers to adjust timelines.

If you invest, develop, or operate hotels, you need to know where this wave is heading.

πŸ”— Watch the full episode: [Insert link]
🌐 Connect with Bruce's team at Lodging Econometrics on LinkedIn

Big thanks to Actabl for supporting the show. Benchmark your performance this budget season at HotelData.com.

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