The segment of properties for extended hotel stays is non longer a minor phenomenon. It is even one of the most dynamic on the American and Asian markets. After much hesitation, undoubtedly due to the strong presence of residence hotels in Europe, American operators are setting foot on the Old Continent and bringing major ambitions with them.
It has already been observed on a number of occasions that what succeeds in the United States makes its way to Europe with three or four years lag time, be it music, sports, economy or politics. And yet one exception con.rms this rule: “extended-stay” hotels took the long way across the pond. Since...
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