Latest developments in Europe's extended-stay sector

Moreau, Riikka

Latest developments in Europe's extended-stay sector - 2005 - Journal of Retail and Leisure Property 4(4) 2005, 359-364(6) .

The extended-stay sector in Europe has traditionally been characterised by fragmented ownership and wide variances in quality. Recent developments, however, indicate that greater consolidation is about to take place in this sector, as some of the largest players in the hotel industry have entered the market, introducing brands that are already established and successful in the USA. [Taken from journal abstract.]