Extended-Stay Hotels Show Strong Growth in April After Challenging Q1
===============
#d707fd48 ver:0.18
Extended-stay hotels in the US showed strong growth in April after a challenging Q1, with monthly room revenue hitting a year-high and demand growing the most in 16 months. Extended-stay room supply grew 2.8% in April, and revenues rebounded strongly with a 5.5% gain, exceeding the overall hotel industry's increase. Extended-stay hotels also saw positive growth in occupancy, ADR, and RevPAR. The outlook for the US lodging industry is modestly positive, with positive signs in the economy and group demand segment, but concerns about international travel and room rates. #hotels #extendedstay #hospitality...
#newstr #UsLodgingIndustry #HotelInvestmentSales #ExtendedstayHotels #Revenue #Demand #Adr #Revpar
https://here.news/story/d707fd48?ver=0.18
Hotel Investment Sales in the US Decline in Q1 2024 /
npub1k6…crzz4
2024-06-01 18:58:04
Author Public Key
npub1k6dtr09fyyzvq5h0ajc5xmh438wrrhhw0hyx9czsatl3ym6a3qrqmcrzz4Published at
2024-06-01 18:58:04Event JSON
{
"id": "0723c6dd1095d0630d43748664e7ce04902f55f0c10cf08d7b31009ec7dd7793",
"pubkey": "b69ab1bca92104c052efecb1436ef589dc31deee7dc862e050eaff126f5d8806",
"created_at": 1717268284,
"kind": 1,
"tags": [],
"content": "Extended-Stay Hotels Show Strong Growth in April After Challenging Q1\n===============\t\n#d707fd48 ver:0.18\n\nExtended-stay hotels in the US showed strong growth in April after a challenging Q1, with monthly room revenue hitting a year-high and demand growing the most in 16 months. Extended-stay room supply grew 2.8% in April, and revenues rebounded strongly with a 5.5% gain, exceeding the overall hotel industry's increase. Extended-stay hotels also saw positive growth in occupancy, ADR, and RevPAR. The outlook for the US lodging industry is modestly positive, with positive signs in the economy and group demand segment, but concerns about international travel and room rates. #hotels #extendedstay #hospitality...\n\n#newstr #UsLodgingIndustry #HotelInvestmentSales #ExtendedstayHotels #Revenue #Demand #Adr #Revpar \n\n https://here.news/story/d707fd48?ver=0.18",
"sig": "acf85c4bdab163699dde5ec5c135222363cf93bbccbb659fd2567ab9d00134e69826c75695fdcd429c2e3715291c5afa42d2898e31d3b9f4f02d6b771edfdd2e"
}