In May alone, extended-stay hotels in the mid-priced category generated $673 million in revenue nationwide. A room inside a suite at new LivSmart Studios by Hilton in Tullahoma, Tennessee.

With this strategic signing, Hilton continues its rapid expansion in the Caribbean and Latin America (CALA) region, where it currently has more than 225 open hotels welcoming guests.

Hilton's hotel room designs vary depending on the type of property. The company often creates models of the spaces on site to test them out well before guests arrive. Nearly all the furniture ...