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Hotel News Now June 2, 20205 things to know: 2 June 2020[15]. “Extended-stay hotels, especially the economy segment, should continue to demonstrate RevPAR loss resilience during the foreseeable future,” Mark Skinner, partner at The Highland Group, said in an email.

Asian Hospitality May 14, 2020Extended-Stay Hotels End First Quarter Better Than Most.[16] “The re-opening of mid-price and upscale extended-stay hotels will increase competition within the sector but should limit falls in overall extended-stay hotel ADR and help keep RevPar declines lower than the overall hotel industry,” said Mark Skinner, a partner at the Highland Group.

Business Insider April 28, 2020Airbnb says it’s going to focus on longer-term stays, but analysts worry its short-term rental roots will make it hard to grad a piece of the $18 billion market.[17] “Regardless, the longer-term stay market is not only sizeable, it’s one that no company has yet dominated. And because the types of properties listed on Airbnb — apartments, houses, rooms inside homes — are well-suited for longer-term stays, the company could become a significant player in the space,” [Mark] Skinner said.

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