Insight
Occupancy for U.S. extended-stay hotels reached 77% in May.
Extended-Stay Demand Hits a Four-Year High as Supply Pipeline Thins
Summary
Extended-stay hotel demand is up 6% with 77% occupancy, hitting a four-year high in May. This growth, outpacing the broader industry, combined with a thinning construction pipeline, signals potential pricing power for hosts in 2027.
Key takeaway