STR News.

This article discusses the revival of Korean goshiwons as budget housing for foreigners, hinting at potential shifts in the local housing market. While not directly about short-term rentals, it offers context for budget accommodation trends and market dynamics, impacting how hosts might understand demand.

Prism's G6 Hospitality is launching a new "premium economy" extended-stay brand called Studio 6 Plus in the U.S. This expansion follows the successful Motel 6 and Studio 6 brands. The strategy aims to attract developers with more favorable franchise terms, drawing comparisons to budget airlines. Studio 6 Plus aims to cater to value-conscious travelers.