Travel

Starwood CEO Touts Resiliency of Extended Stay Hotels During Pandemic

InTown Suites / Wikimedia

Starwood Property Trust continues to see notably above-average performance in its extended stay hotel sector investments, like InTown Suites (pictured). InTown Suites / Wikimedia

Skift Take: Extended stay hotels may be strong performers for Starwood Property Trust and Barry Sternlicht, but it may be years before the investment firm looks to deploy capital further into other hospitality sectors.

— Cameron Sperance

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