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CA Red Roof, Fairmont win development awards

It will be presented at CLIC’s opening session on March 5-6

Red Roof Inn Ridgecrest and Fairmont Breakers Long Beach win the CLIC 2025 Hotel Development Award for excellence in extended-stay and luxury hospitality

The 73-room Red Roof Inn—Hometown Studios Ridgecrest and the 50-room Fairmont Breakers Long Beach won the Lodging Econometrics/California Lodging Investment Conference 2025 Hotel Developments of the Year Award in the select-service/extended-stay and luxury categories.

CLIC 2025 Hotel Development Award: Red Roof & Fairmont Recognized for Excellence

The 73-room Red Roof Inn—Hometown Studios by Red Roof Ridgecrest and the 50-room Fairmont Breakers Long Beach in California won the Lodging Econometrics/California Lodging Investment Conference 2025 Hotel Developments of the Year Award. The hotels were recognized in the select-service/extended-stay and luxury hotel categories, respectively.

Craig Sullivan, CLIC’s founder and president, and Bruce Ford, LE’s senior vice president and director of global business development, will present the awards during the opening session of the conference on March 5 to 6 at the Westin Long Beach, CLIC and LE said in a joint statement.


For Red Roof properties, the brand collaborated with an established franchisee to repurpose an aging asset, bringing two new hotel products to a growing market.

“The Red Roof and HomeTowne Studios represent a welcomed reimagination of the property,” Ford said. “We often see these succeed and become a win-win for both the brand and ownership.”

The nearly 100-year-old Fairmont Breakers Long Beach was completely renovated and updated, the statement said. The building began as a hotel before converting to assisted living. New owners saw unrealized value in the asset and location and reconverted it into a hotel.

“The Fairmont Breakers Hotel has been restored to its former glory after exiting the industry about 40 years ago,” Ford said. “This is a one-of-a-kind development!”

Meanwhile, CLIC is offering a final discounted registration of $650 through March 4, while on-site registration is $750.

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US Extended-Stay Hotels Outperforms in Q3

Report: Extended-stay hotels outpace industry in Q3

Summary:

  • U.S. extended-stay hotels outperformed peers in Q3, The Highland Group reported.
  • Demand for extended-stay hotels rose 2.8 percent in the third quarter.
  • Economy extended-stay hotels outperformed in RevPar despite three years of declines.

U.S. EXTENDED-STAY HOTELS outperformed comparable hotel classes in the third quarter versus the same period in 2024, according to The Highland Group. Occupancy remained 11.4 points above comparable hotels and ADR declines were smaller.

The report, “US Extended-Stay Hotels: Third Quarter 2025”, found the largest gap in the economy segment, where RevPAR fell about one fifth as much as for all economy hotels. Extended-stay ADR declined 1.4 percent, marking the second consecutive quarterly decline not seen in 15 years outside the pandemic. RevPAR fell 3.1 percent, reflecting the higher share of economy rooms. Excluding luxury and upper-upscale segments, all-hotel RevPAR dropped 3.2 percent in the third quarter.

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