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Podcast: No Vacancy Live!
Episode: Why Extended Stay Hotels Dominate the Pipeline | Bruce Ford, Lodging Econometrics
Description: Extended stay dominates today's #hospitality development pipelineβand I spoke with Bruce Ford, SVP at Lodging Econometrics, on No Vacancy Live to break it down. Here's what we covered: π Developers signed 39% of all new hotel projects as extended stay brands π 34% of rooms in the pipeline belong to extended stay π Franchise giants like Marriott, Hilton, and IHG push new prototypes that reshape #hotelconstruction π Dual-brand projects and smaller footprints spread into secondary and tertiary markets Bruce showed how #extendedstay continues to grow quickly while financing delays and shifting economic conditions force developers to adjust timelin...