North America:

• Marriott has launched its City Express brand in the U.S. and Canada, entering the “affordable midscale” segment.
• Wyndham opened its first ECHO Suites extended stay property in Spartanburg, South Carolina, marking its entry into the economy extended stay market.
• Sonder has signed a long-term licensing agreement with Marriott, adding over 9,000 units to Marriott’s portfolio by the end of 2024.
• Airbnb is doubling down on its long-term rental business, seeing growth in stays of 28 days or longer, which now account for nearly 18% of its overall business.
• Canada’s corporate housing market continues to flourish, driven by sustained demand and companies’ abilities to meet the evolving needs of corporate travellers with intelligent, scalable accommodation solutions.