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Extended-Stay Hotels Thrive Amid Overall Occupancy Dip

5/6/2025

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Story summary
  • In Q1 2025, extended-stay hotels shone brightly, even as overall occupancy dipped to 70.9%. RLJ Lodging Trust and Park Hotels enjoyed slight RevPAR growth, while Choice Hotels showcased resilience through savvy investments and tech upgrades, all aimed at boosting owner value and expanding its upscale footprint.