MIAMI—According to the Urban Land Institute, 61% of Americans would choose smaller housing in favor of a shorter commute to work. And 53% prefer neighborhoods close to shops, restaurants and offices.

It's no great surprise that Homewood Suites by Hilton and Home2Suites by Hilton has found a similar preference from its extended stay guests. In the company's most recent survey of business travelers, 55% of respondents indicated a preference for walking over other forms of transportation for traveling in and around their destination.

"This was a telling finding, considering the same survey found 66% of travelers booking hotels based on locality versus price," Bill Duncan, Global Head, Homewood Suites by Hilton and Home2 Suites by Hilton, tells GlobeSt.com. "Understanding this trend Homewood Suites and Home2 Suites, has made a dedicated effort to open new hotels in urban locations such as New York, Chicago, Denver, Dallas and Atlanta."

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
NOT FOR REPRINT

© 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.