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ICYMI: Extended-Stay Hotels Poised for Growth

More Top-Read Stories: US Hotel Forecast, Brand Expectations
Clockwise: Noble Investment Group's Mit Shah, Kimpton Hotels & Restaurants' Mike DeFrino, Starwood Capital Group's Cody Bradshaw, JLL's Gilda Perez-Alvarado, and Accor's Heather McCrory spoke at the recent ALIS Winter Update online conference. (The BHN Group)
Clockwise: Noble Investment Group's Mit Shah, Kimpton Hotels & Restaurants' Mike DeFrino, Starwood Capital Group's Cody Bradshaw, JLL's Gilda Perez-Alvarado, and Accor's Heather McCrory spoke at the recent ALIS Winter Update online conference. (The BHN Group)
By the HNN editorial staff
January 29, 2021 | 3:17 P.M.

For the week of Jan. 25-29, Hotel News Now’s most-read stories include reporting on the growing extended-stay segment and the latest 2021 hotel forecast from CoStar’s hospitality analytics firm STR.

Click on each headline below to read more.

RLHC in October 2020 relaunched its GuestHouse International brand as an extended-stay brand called GuestHouse. Shown here is a rendering of a GuestHouse king bedroom layout. (RLH Corporation)

Developers are showing increased interest in this group, which didn't fall as far as the rest of the hotel industry in 2020.

Year-over-year performance growth for U.S. hotels in 2021 could be record-setting, but revenues will likely still be less than two-thirds of what hotels reported in 2019.

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From left: Chris Nassetta, Hilton; Kathleen Taylor, Royal Bank of Canada; and Arne Sorenson, Marriott International, spoke during a session of the online ALIS Winter Update. (Rachel Daub, HNN)

Hotel industry and lending executives speaking during the online ALIS Winter Update said the new vaccines, improved government relief and hoteliers’ ability to adapt will strengthen the industry.

The new year demands health-conscious hotels with rapid COVID-19 testing and vaccine delivery.

As part of the online Americas Lodging Investment Summit Winter Update, hotel industry executives discussed strategies for the next recovery for the U.S. hotel industry.