JLL Report Shows Growth for Select-Service and Extended-Stay Segments
Lodging
FEBRUARY 20, 2025
CHICAGOJLL’s Hotels & Hospitality Group released its U.S. Select-Service and Extended-Stay Hotel Outlook 2025 report, providing an assessment of recent market trends and the sectors investment appeal, evaluating its potential to remain a strong investment option. The report shows the sector’s growth, with RevPAR reaching a record high of $78 in 2024, 14 percent above 2019 levels, as well as demand surging by 232,000 room nights year-over-year, nearly fully recovered from 2019.
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