The merits of interior versus exterior-corridor properties have been debated among economy chain hotel operators for some time. Exterior-corridor hotels offer convenience, value and a more like-home atmosphere, their proponents argue. Interior-corridor operators stress their properties’ greater guest security, value and more up-to-date product offering. Both product configurations have unique advantages. Let’s look at some facts that can provide better insights to this discussion. On average, economy chain exterior-corridor hotels are significantly older than interior-corridor properties. Seventy percent of existing exterior-corridor hotel rooms are 20 years old or older; about 40 percent of interior-corridor hotel rooms fall into this age category. Only 6 percent of exterior-corridor supply is 10 years old or newer, while 25 percent of interior-corridor rooms are in this group.

Read the full article at STR

Meet STR at