BusinessTourismTravel Extended-Stay Hotels Shows Pricing Strength

Extended-Stay Hotels Shows Pricing Strength

Sector maintains consistent pricing advantage over conventional options The extended-stay hotel sector emerged as an industry leader throughout 2024, demonstrating stronger pricing power than conventional hotels. Analysis of inflation-adjusted average daily rates, or ADR, shows that while traditional hotel rates lagged 2019 benchmarks, extended-stay properties maintained higher rates overall. This performance gap highlights the sector’s…

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Arts & CultureDesignGreat OutdoorsHistoryTourism Mansion in May Wildfair's Winter Makeover

Mansion in May Wildfair’s Winter Makeover

The Women’s Association for Morristown Medical Center has found another diamond in the rough. Wildfair, a 250-year-old estate on 33 acres in Chester, has been chosen for this year’s Mansion in May. After 50 years and 20 mansions, the association’s springtime show houses are an eagerly anticipated tradition– and the signature fundraiser for the nonprofit, which has raised…

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