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Choice Sees No Letup in Biz Travel Demand as It Expands Extended-Stay Hotels

Danielle Hyams

Photo Credit: Choice Hotels is introducing a new extended-stay brand, Everhome Suits. Choice Hotels International

Skift Take

Choice Hotels had a strong year with lots of growth in 2019. The company is focused on bulking up its extended-stay portfolio to continue the trend in 2020 as corporate travelers look increasingly for more creative options.

Choice Hotels is betting on the extended-stay sector to drive growth in 2020, with CEO Patrick Pacious calling it “one of the fastest growing segments of the hotel industry” on Tuesday’s earnings call. The company launched Everhome Suites, a new construction midscale extended-stay brand earlier this year. It’s the first brand to enter the midscale extended-stay segment in roughly a decade. Pacious said the decision to put resources into expanding the extended-stay sector came down to demand. "About 20 percent of the rooms sold in 2019 were for stays of longer than seven nights, and on

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