extended-stay

High-end hotels are increasingly courting so-called extended-stay guests, who reside for a month or more at a time.

When Home Is Where the Hotel Is Andrea Petersen 2011

Hyatt Hotels Corp. has scaled back its purchase of several extended-stay hotels from LodgeWorks LP to 20 from 24 and lowering the price to $661 million from $802 million.

Hyatt Cuts Back on LodgeWorks Purchase Kris Hudson 2011

Average occupancy in the market's extended-stay hotels was 81.4% in the first 11 months of last year, up nearly seven percentage points from the same period in 2009, according to Smith Travel Research.

Korman Expands Extended-Stay Hotel Brand Kris Hudson 2012

Korman Communities is expanding its AKA brand of luxury, extended-stay hotels to Los Angeles, seeking to cater to the entertainment-industry clientele that it already serves with its four hotels in New York.

Korman Expands Extended-Stay Hotel Brand Kris Hudson 2012

Like most of the hotel industry, Los Angeles' extended-stay hotels have bounced back relatively well from the downturn.

Korman Expands Extended-Stay Hotel Brand Kris Hudson 2012

The securities regulator questioned why Apple's valuations of its extended-stay hotels remained the same during the financial crisis, when the extended-stay hotel industry "suffered a significant, material downturn."

Complaint Saps REIT Sales Craig Karmin 2011

The company has roughly $500 million in nonsuburban retail assets sales left, including a 75% stake in InTown Hospitality Corp., the largest owner and operator of budget extended-stay hotels in U.S. Kimco values the stake at $100 million.

Kimco Reverses Downtown Strategy A.D Pruitt 2011

Korman anticipates that it will take a full year for apartment residents to depart the complex as their leases expire and for those units to be converted to extended-stay hotel suites.

Korman Expands Extended-Stay Hotel Brand Kris Hudson 2012

The broker made a call to Mr. Korman, whose company owns more than 7,500 apartments and other properties, including the AKA extended-stay hotel brand.

Stealth Buyers Win Prize Robbie Whelan 2011

Those increases were just shy of the gains posted by extended-stay hotels nationally.

Korman Expands Extended-Stay Hotel Brand Kris Hudson 2012