The extended-stay pipeline is heating up
Hotel Business
NOVEMBER 17, 2022
Since 2017, nine new extended-stay brands have launched. Projects scheduled to start construction in the next 12 months (SN12), ended Q3, with 818 projects/86,240 rooms, up 43% by projects and 48% by rooms YOY. In Q3 2017, projects in the early planning phase stood at 248 projects/23,683 rooms.
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