REI
Extended Stay Development: Quantifying Opportunity for a Market
The Pipeline Continues to Grow – Especially in Extended Stay In Q1 2024, the hotel construction pipeline hit an all-time high globally for room count according to Lodging Econometrics. And with total projects standing at over 15,000, that represented a 6% increase year-over-year (YoY). Specifically in the U.S., the pipeline continued to grow as it…