US extended-stay hotels Q3 RevPAR up 5.5% year over year

On November 3, 2026, Business Travel News, citing a report by The Highland Group, stated that US extended-stay hotel RevPAR rose 5.5% year over year to $97.35 in the third quarter, the highest quarterly increase in more than three years; the report said the growth was mainly driven by a 3.6% year-over-year increase in average daily rate to $124.95. This report is currently the only information on the matter; it did not mention other metrics such as occupancy, nor did it disclose details of the statistical sample and methodology.