STAYHotel Dive · 1h ago
Execs at Lodging Conference discuss hotel development opportunities
Executive Brief
The 30-second read
Major hospitality executives identified property conversions and extended-stay models as primary growth drivers amid challenging market conditions for owners. The brief outlines how Wyndham, IHG, and Choice are adapting development strategies to navigate current macroeconomic headwinds.
- 01CDOs emphasize property conversions as a resilient strategy during unfavorable ownership cycles
- 02Extended stay segments continue to attract significant investment interest from major global brands
- 03Wyndham and IHG leaders focused on growth prospects despite broader industry constraints
- 04Strategic shifts prioritize flexible development models to mitigate rising construction and financing costs
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Chief development officers from Wyndham, IHG, Choice and more shared the growth prospects behind conversions and extended stay amid an unfavorable backdrop for owners.