Although Rochester has a population of slightly more than85,000, it is home to the world-renowned Mayo Clinic, which wouldlikely generate business for the hotel for patients or families ofpatients who are undergoing prolonged treatment at the medicalfacility.
The Spartanburg, SC-based lodging company now has eight hotelsin Minnesota and 416 hotels overall.
Nightly rates are available from $49, while weekly room ratesfor the new Extended Stay America hotel are available from $249 up.The extended-stay lodging market is a fastgrowing segment of thehotel industry, with appeal to business professionals, peoplerelocating or on extended work assignments, according to ExtendedStay America officials.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.