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Extended Stay Hotel Market Size, Share & Trends Analysis Report By Type (Economy, Mid-Range, Luxury/Upscale), By Tourist Type (Domestic, International), By Booking Mode (Direct Booking), By Region, And Segment Forecasts, 2024 - 2030

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  • 100 Pages
  • August 2024
  • Region: Global
  • Grand View Research
  • ID: 5998713
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Extended Stay Hotel Market Growth & Trends

The global extended stay hotel market is expected to reach USD 98.80 billion by 2030 and expand at a CAGR of 9.4% from 2024 to 2030. The increasing global demand for extended stay accommodations is driven by several key factors reshaping the hospitality industry. A significant contributor is the shift in consumer preferences towards accommodations that offer a residential-like experience. Travelers are increasingly seeking options that provide greater comfort and flexibility compared to traditional hotel rooms. Extended stay properties, with their expansive living spaces, fully equipped kitchens, and residential-style amenities, fulfill this demand by offering a more personalized and adaptable living environment suitable for longer stays.

The rise of remote work and increased job mobility further accelerates this trend. As remote and hybrid work arrangements become more prevalent, there is a growing need for accommodations that support extended stays. These travelers require environments that enable them to balance work and leisure in a setting that emulates home. Extended stay properties are ideally positioned to meet this need by providing facilities that support both productivity and comfort.

According to statistics released by The European Commission, European Union tourist accommodation establishments recorded 453 million overnight stays in the first quarter of 2024, representing a 6.6% increase compared to the same period in 2023. This growth in overnight stays is poised to significantly impact the regional extended stay hotel market. The uptick in tourism activity underscores a robust demand for diverse accommodation options, including extended stay properties. As travelers increasingly seek longer-term lodging solutions for both business and leisure purposes, extended stay accommodations - characterized by their provision of home-like amenities and flexible stay durations - stand to benefit from this upward trend.

The expanding volume of nights spent in tourist accommodations suggests a broader recovery and growth trajectory within the hospitality sector, which directly correlates with heightened demand for extended stay options. This segment's ability to cater to travelers requiring extended visits, coupled with its appeal to both short-term and long-term guests, positions it well to capture a substantial share of the market as overall tourism activity continues to rise. In essence, the 6.6% increase in accommodation nights not only reflects a rebound in travel but also signals a promising growth avenue for the extended stay hotel market, driven by the evolving preferences of travelers and a strengthened overall tourism landscape.

Corporate travel trends also contribute to the expansion of the market. Companies are increasingly leveraging extended stay accommodations for employees on long-term assignments or relocations. These properties align with corporate policies focused on cost reduction and enhanced employee satisfaction by offering a more comfortable and convenient living arrangement.

Additionally, the demand from leisure travelers seeking extended vacations or immersive travel experiences plays a significant role. As travelers prioritize meaningful and extended stays to fully explore destinations, extended stay properties cater to these preferences by providing accommodations that support longer, more relaxed visits. Urbanization and housing market dynamics also impact the demand for extended stay hotels. In rapidly urbanizing regions, high rental costs and limited long-term rental options make extended stay properties an attractive alternative. These accommodations offer a practical solution for individuals requiring temporary housing in challenging housing markets.

Extended Stay Hotel Market Report Highlights

  • Companies are increasingly recognizing the benefits of extended stay options for employees on long-term assignments or relocation. Extended stay properties provide a more comfortable and cost-efficient alternative to traditional hotels, aligning with corporate travel policies focused on reducing expenses while enhancing employee satisfaction.
  • Extended stay bookings through online marketplaces are expected to experience substantial growth in the coming years. These marketplaces provide a diverse array of property types and experiences that cater to travelers seeking unique or non-traditional accommodations, often offering more home-like environments and a broader range of amenities compared to conventional hotel settings. The platform-based model of these marketplaces enhances the visibility of extended stay properties, streamlining the process for potential guests to compare options and access accommodations more easily.
  • In 2023, the luxury and upscale extended stay segment dominated the market. This growth is driven by rising numbers of affluent travelers and business executives seeking premium accommodations with high-end amenities and personalized services. As international business travel recovers and high-net-worth individuals seek extended stays in luxurious settings, the demand for properties offering exceptional comfort, exclusivity, and tailored services has significantly increased.

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets


This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Extended Stay Hotel Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related Market Outlook
3.2. Penetration and Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis (Industry-level)
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Market Opportunities
3.4.4. Market Challenges
3.5. Industry Analysis Tools
3.5.1. Porter’s Five Forces Analysis
3.6. Market Entry Strategies
Chapter 4. Extended Stay Hotel Market: Consumer Behavior Analysis
4.1. Demographic Analysis
4.2. Consumer Trends & Preferences
4.3. Factors Affecting Buying Decisions
4.4. Consumer Service Adoption
4.5. Observations & Recommendations
Chapter 5. Extended Stay Hotel Market: Type Estimates & Trend Analysis
5.1. Extended Stay Hotel Market, By Type: Key Takeaways
5.2. Type Movement Analysis & Market Share, 2023 & 2030
5.3. Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Billion)
5.3.1. Economy
5.3.1.1. Market estimates and forecast, 2018 - 2030, (USD Billion)
5.3.2. Mid-Range
5.3.2.1. Market estimates and forecast, 2018 - 2030, (USD Billion)
5.3.3. Luxury/Upscale
5.3.3.1. Market estimates and forecast, 2018 - 2030, (USD Billion)
Chapter 6. Extended Stay Hotel Market: Tourist Type Estimates & Trend Analysis
6.1. Extended Stay Hotel Market, By Tourist Type: Key Takeaways
6.2. Tourist Type Movement Analysis & Market Share, 2023 & 2030
6.3. Market Estimates & Forecasts, by Tourist Type, 2018 - 2030 (USD Billion)
6.3.1. Domestic
6.3.1.1. Market estimates and forecast, 2018 - 2030, (USD Billion)
6.3.2. International
6.3.2.1. Market estimates and forecast, 2018 - 2030, (USD Billion)
Chapter 7. Extended Stay Hotel Market: Booking Mode Estimates & Trend Analysis
7.1. Extended Stay Hotel Market, By Booking Mode: Key Takeaways
7.2. Booking Mode Movement Analysis & Market Share, 2023 & 2030
7.3. Market Estimates & Forecasts, by Booking Mode, 2018 - 2030 (USD Billion)
7.3.1. Direct Booking
7.3.1.1. Market estimates and forecast, 2018 - 2030, (USD Billion)
7.3.2. Online Travel Agencies (OTAs)
7.3.2.1. Market estimates and forecast, 2018 - 2030, (USD Billion)
7.3.3. Marketplace Booking
7.3.3.1. Market estimates and forecast, 2018 - 2030, (USD Billion)
Chapter 8. Extended Stay Hotel Market: Regional Estimates & Trend Analysis
8.1. Extended Stay Hotel Market: Regional Outlook
8.2. Regional Marketplaces: Key Takeaways
8.3. Market Estimates & Forecasts, by Region, 2018 - 2030 (USD Billion)
8.3.1. North America
8.3.1.1. Market estimates and forecast, 2018 - 2030, (USD Billion)
8.3.1.2. U.S.
8.3.1.2.1. Key country dynamics
8.3.1.2.2. Market estimates and forecast, 2018 - 2030, (USD Billion)
8.3.1.3. Canada
8.3.1.3.1. Key country dynamics
8.3.1.3.2. Market estimates and forecast, 2018 - 2030, (USD Billion)
8.3.1.4. Mexico
8.3.1.4.1. Key country dynamics
8.3.1.4.2. Market estimates and forecast, 2018 - 2030, (USD Billion)
8.3.2. Europe
8.3.2.1. Market estimates and forecast, 2018 - 2030, (USD Billion)
8.3.2.2. U.K.
8.3.2.2.1. Key country dynamics
8.3.2.2.2. Market estimates and forecast, 2018 - 2030, (USD Billion)
8.3.2.3. Germany
8.3.2.3.1. Key country dynamics
8.3.2.3.2. Market estimates and forecast, 2018 - 2030, (USD Billion)
8.3.2.4. France
8.3.2.4.1. Key country dynamics
8.3.2.4.2. Market estimates and forecast, 2018 - 2030, (USD Billion)
8.3.2.5. Italy
8.3.2.5.1. Key country dynamics
8.3.2.5.2. Market estimates and forecast, 2018 - 2030, (USD Billion)
8.3.2.6. Spain
8.3.2.6.1. Key country dynamics
8.3.2.6.2. Market estimates and forecast, 2018 - 2030, (USD Billion)
8.3.3. Asia Pacific
8.3.3.1. Market estimates and forecast, 2018 - 2030, (USD Billion)
8.3.3.2. China
8.3.3.2.1. Key country dynamics
8.3.3.2.2. Market estimates and forecast, 2018 - 2030, (USD Billion)
8.3.3.3. India
8.3.3.3.1. Key country dynamics
8.3.3.3.2. Market estimates and forecast, 2018 - 2030, (USD Billion)
8.3.3.4. Japan
8.3.3.4.1. Key country dynamics
8.3.3.4.2. Market estimates and forecast, 2018 - 2030, (USD Billion)
8.3.3.5. Australia & New Zealand
8.3.3.5.1. Key country dynamics
8.3.3.5.2. Market estimates and forecast, 2018 - 2030, (USD Billion)
8.3.3.6. South Korea
8.3.3.6.1. Key country dynamics
8.3.3.6.2. Market estimates and forecast, 2018 - 2030, (USD Billion)
8.3.4. Central & South America
8.3.4.1. Market estimates and forecast, 2018 - 2030, (USD Billion)
8.3.4.2. Brazil
8.3.4.2.1. Key country dynamics
8.3.4.2.2. Market estimates and forecast, 2018 - 2030, (USD Billion)
8.3.5. Middle East & Africa
8.3.5.1. Market estimates and forecast, 2018 - 2030, (USD Billion)
8.3.5.2. South Africa
8.3.5.2.1. Key country dynamics
8.3.5.2.2. Market estimates and forecast, 2018 - 2030, (USD Billion)
Chapter 9. Extended Stay Hotel Market: Competitive Analysis
9.1. Recent developments & impact analysis, by key market participants
9.2. Company Categorization
9.3. Participant’s Overview
9.4. Financial Performance
9.5. Service Benchmarking
9.6. Company Market Share Analysis, 2023 (%)
9.7. Company Heat Map Analysis, 2023
9.8. Strategy Mapping
9.9. Company Profiles
9.9.1. Extended Stay America
9.9.1.1. Company Overview
9.9.1.2. Financial Performance
9.9.1.3. Service Portfolios
9.9.1.4. Strategic Initiatives
9.9.2. Marriott International, Inc.
9.9.2.1. Company Overview
9.9.2.2. Financial Performance
9.9.2.3. Service Portfolios
9.9.2.4. Strategic Initiatives
9.9.3. Hilton Worldwide Holdings Inc.
9.9.3.1. Company Overview
9.9.3.2. Financial Performance
9.9.3.3. Service Portfolios
9.9.3.4. Strategic Initiatives
9.9.4. The Ascott Limited
9.9.4.1. Company Overview
9.9.4.2. Financial Performance
9.9.4.3. Service Portfolios
9.9.4.4. Strategic Initiatives
9.9.5. Hyatt Hotels Corporation
9.9.5.1. Company Overview
9.9.5.2. Financial Performance
9.9.5.3. Service Portfolios
9.9.5.4. Strategic Initiatives
9.9.6. InterContinental Hotels Group
9.9.6.1. Company Overview
9.9.6.2. Financial Performance
9.9.6.3. Service Portfolios
9.9.6.4. Strategic Initiatives
9.9.7. Accor S.A.
9.9.7.1. Company Overview
9.9.7.2. Financial Performance
9.9.7.3. Service Portfolios
9.9.7.4. Strategic Initiatives
9.9.8. Sleep Intown IX, L.P.
9.9.8.1. Company Overview
9.9.8.2. Financial Performance
9.9.8.3. Service Portfolios
9.9.8.4. Strategic Initiatives
9.9.9. Choice Hotels International, Inc.
9.9.9.1. Company Overview
9.9.9.2. Financial Performance
9.9.9.3. Service Portfolios
9.9.9.4. Strategic Initiatives
9.9.10. Wyndham Hotels & Resorts
9.9.10.1. Company Overview
9.9.10.2. Financial Performance
9.9.10.3. Service Portfolios
9.9.10.4. Strategic Initiatives
List of Tables
Table 1. Extended stay hotel market: Key market driver analysis
Table 2. Extended stay hotel market: Key market restraint analysis
Table 3. Extended stay hotel market estimates & forecast, by type (USD Billion)
Table 4. Economy extended stay hotel market estimates & forecasts, 2018 - 2030 (USD Billion)
Table 5. Mid-range extended stay hotel market estimates & forecasts, 2018 - 2030 (USD Billion)
Table 6. Luxury/upscale extended stay hotel market estimates & forecasts, 2018 - 2030 (USD Billion)
Table 7. Extended stay hotel market estimates & forecast, by tourist type (USD Billion)
Table 8. Extended stay hotel market estimates & forecasts for domestic tourists, 2018 - 2030 (USD Billion)
Table 9. Extended stay hotel market estimates & forecasts for international tourists, 2018 - 2030 (USD Billion)
Table 10. Extended stay hotel market estimates & forecast, by booking mode (USD Billion)
Table 11. Extended stay hotel market estimates & forecasts, through direct booking, 2018 - 2030 (USD Billion)
Table 12. Extended stay hotel market estimates & forecasts, through online travel agencies (OTAs), 2018 - 2030 (USD Billion)
Table 13. Extended stay hotel market estimates & forecasts, through marketplace booking, 2018 - 2030 (USD Billion)
Table 14. Extended stay hotel market estimates & forecast, 2018 - 2030, by region (USD Billion)
Table 15. North America extended stay hotel market estimates and forecast, 2018 - 2030 (USD Billion)
Table 16. North America extended stay hotel market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 17. North America extended stay hotel market revenue estimates and forecast, by tourist type, 2018 - 2030 (USD Billion)
Table 18. North America extended stay hotel market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 19. U.S. macro-economic outlay
Table 20. U.S. extended stay hotel market estimates and forecast, 2018 - 2030 (USD Billion)
Table 21. U.S. extended stay hotel market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 22. U.S. extended stay hotel market revenue estimates and forecast, by tourist type, 2018 - 2030 (USD Billion)
Table 23. U.S. extended stay hotel market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 24. Canada macro-economic outlay
Table 25. Canada extended stay hotel market estimates and forecast, 2018 - 2030 (USD Billion)
Table 26. Canada extended stay hotel market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 27. Canada extended stay hotel market revenue estimates and forecast, by tourist type, 2018 - 2030 (USD Billion)
Table 28. Canada extended stay hotel market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 29. Mexico macro-economic outlay
Table 30. Mexico extended stay hotel market estimates and forecast, 2018 - 2030 (USD Billion)
Table 31. Mexico extended stay hotel market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 32. Mexico extended stay hotel market revenue estimates and forecast, by tourist type, 2018 - 2030 (USD Billion)
Table 33. Mexico extended stay hotel market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 34. Europe extended stay hotel market estimates and forecast, 2018 - 2030 (USD Billion)
Table 35. Europe extended stay hotel market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 36. Europe extended stay hotel market revenue estimates and forecast, by tourist type, 2018 - 2030 (USD Billion)
Table 37. Europe extended stay hotel market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 38. U.K. macro-economic outlay
Table 39. U.K. extended stay hotel market estimates and forecast, 2018 - 2030 (USD Billion)
Table 40. U.K. extended stay hotel market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 41. U.K. extended stay hotel market revenue estimates and forecast, by tourist type, 2018 - 2030 (USD Billion)
Table 42. U.K. extended stay hotel market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 43. Germany macro-economic outlay
Table 44. Germany extended stay hotel market estimates and forecast, 2018 - 2030 (USD Billion)
Table 45. Germany extended stay hotel market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 46. Germany extended stay hotel market revenue estimates and forecast, by tourist type, 2018 - 2030 (USD Billion)
Table 47. Germany extended stay hotel market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 48. France macro-economic outlay
Table 49. France extended stay hotel market estimates and forecast, 2018 - 2030 (USD Billion)
Table 50. France extended stay hotel market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 51. France extended stay hotel market revenue estimates and forecast, by tourist type, 2018 - 2030 (USD Billion)
Table 52. France extended stay hotel market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 53. Italy macro-economic outlay
Table 54. Italy extended stay hotel market estimates and forecast, 2018 - 2030 (USD Billion)
Table 55. Italy extended stay hotel market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 56. Italy extended stay hotel market revenue estimates and forecast, by tourist type, 2018 - 2030 (USD Billion)
Table 57. Italy extended stay hotel market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 58. Spain macro-economic outlay
Table 59. Spain extended stay hotel market estimates and forecast, 2018 - 2030 (USD Billion)
Table 60. Spain extended stay hotel market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 61. Spain extended stay hotel market revenue estimates and forecast, by tourist type, 2018 - 2030 (USD Billion)
Table 62. Spain extended stay hotel market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 63. Asia Pacific extended stay hotel market estimates and forecast, 2018 - 2030 (USD Billion)
Table 64. Asia Pacific extended stay hotel market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 65. Asia Pacific extended stay hotel market revenue estimates and forecast, by tourist type, 2018 - 2030 (USD Billion)
Table 66. Asia Pacific extended stay hotel market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 67. China macro-economic outlay
Table 68. China extended stay hotel market estimates and forecast, 2018 - 2030 (USD Billion)
Table 69. China extended stay hotel market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 70. China extended stay hotel market revenue estimates and forecast, by tourist type, 2018 - 2030 (USD Billion)
Table 71. China extended stay hotel market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 72. India macro-economic outlay
Table 73. India extended stay hotel market estimates and forecast, 2018 - 2030 (USD Billion)
Table 74. India extended stay hotel market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 75. India extended stay hotel market revenue estimates and forecast, by tourist type, 2018 - 2030 (USD Billion)
Table 76. India extended stay hotel market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 77. Japan macro-economic outlay
Table 78. Japan extended stay hotel market estimates and forecast, 2018 - 2030 (USD Billion)
Table 79. Japan extended stay hotel market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 80. Japan extended stay hotel market revenue estimates and forecast, by tourist type, 2018 - 2030 (USD Billion)
Table 81. Japan extended stay hotel market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 82. Australia & New Zealand macro-economic outlay
Table 83. Australia & New Zealand extended stay hotel market estimates and forecast, 2018 - 2030 (USD Billion)
Table 84. Australia & New Zealand extended stay hotel market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 85. Australia & New Zealand extended stay hotel market revenue estimates and forecast, by tourist type, 2018 - 2030 (USD Billion)
Table 86. Australia & New Zealand extended stay hotel market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 87. South Korea macro-economic outlay
Table 88. South Korea extended stay hotel market estimates and forecast, 2018 - 2030 (USD Billion)
Table 89. South Korea extended stay hotel market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 90. South Korea extended stay hotel market revenue estimates and forecast, by tourist type, 2018 - 2030 (USD Billion)
Table 91. South Korea extended stay hotel market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 92. Central & South America extended stay hotel market estimates and forecast, 2018 - 2030 (USD Billion)
Table 93. Central & South America extended stay hotel market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 94. Central & South America extended stay hotel market revenue estimates and forecast, by tourist type, 2018 - 2030 (USD Billion)
Table 95. Central & South America extended stay hotel market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 96. Brazil macro-economic outlay
Table 97. Brazil extended stay hotel market estimates and forecast, 2018 - 2030 (USD Billion)
Table 98. Brazil extended stay hotel market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 99. Brazil extended stay hotel market revenue estimates and forecast, by tourist type, 2018 - 2030 (USD Billion)
Table 100. Brazil extended stay hotel market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 101. Middle East & Africa extended stay hotel market estimates and forecast, 2018 - 2030 (USD Billion)
Table 102. Middle East & Africa extended stay hotel market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 103. Middle East & Africa extended stay hotel market revenue estimates and forecast, by tourist type, 2018 - 2030 (USD Billion)
Table 104. Middle East & Africa extended stay hotel market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 105. South Africa macro-economic outlay
Table 106. South Africa extended stay hotel market estimates and forecast, 2018 - 2030 (USD Billion)
Table 107. South Africa extended stay hotel market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 108. South Africa extended stay hotel market revenue estimates and forecast, by tourist type, 2018 - 2030 (USD Billion)
Table 109. South Africa extended stay hotel market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 110. Recent developments & impact analysis, by key market participants
Table 111. Company market share, 2023 (%)
Table 112. Company heat map analysis, 2023
Table 113. Companies implementing key strategies
List of Figures
Figure 1. Extended stay hotel market segmentation
Figure 2. Information procurement
Figure 3. Primary research pattern
Figure 4. Primary research approaches
Figure 5. Primary research process
Figure 6. Market snapshot
Figure 7. Segment snapshot
Figure 8. Regional snapshot
Figure 9. Competitive landscape Snapshot
Figure 10. Global parent industry and extended stay hotel market size (USD Billion)
Figure 11. Global extended stay hotel market size, 2018 to 2030 (USD Billion)
Figure 12. Extended stay hotel market: Penetration & growth prospect mapping
Figure 13. Extended stay hotel market: Value chain analysis
Figure 14. Extended stay hotel market: Profit-margin analysis
Figure 15. Extended stay hotel market: Dynamics
Figure 16. Extended stay hotel market: Porter’s five forces analysis
Figure 17. Factors influencing buying decisions for extended stay
Figure 18. Extended stay hotel market estimates & forecast, by type (USD Billion)
Figure 19. Economy extended stay hotel market estimates & forecasts, 2018 - 2030 (USD Billion)
Figure 20. Mid-range extended stay hotel market estimates & forecasts, 2018 - 2030 (USD Billion)
Figure 21. Luxury/upscale extended stay hotel market estimates & forecasts, 2018 - 2030 (USD Billion)
Figure 22. Extended stay hotel market estimates & forecast, by tourist type (USD Billion)
Figure 23. Extended stay hotel market estimates & forecasts for domestic tourists, 2018 - 2030 (USD Billion)
Figure 24. Extended stay hotel market estimates & forecasts for international tourists, 2018 - 2030 (USD Billion)
Figure 25. Extended stay hotel market estimates & forecast, by booking mode (USD Billion)
Figure 26. Extended stay hotel market estimates & forecasts, through direct booking, 2018 - 2030 (USD Billion)
Figure 27. Extended stay hotel market estimates & forecasts, through online travel agencies (OTAs), 2018 - 2030 (USD Billion)
Figure 28. Extended stay hotel market estimates & forecasts, through marketplace booking, 2018 - 2030 (USD Billion)
Figure 29. Extended stay hotel market: Regional outlook, 2023 & 2030, (USD Billion)
Figure 30. Regional marketplace: Key takeaways
Figure 31. North America extended stay hotel market estimates & forecast, 2018 - 2030 (USD Billion)
Figure 32. U.S. extended stay hotel market estimates & forecast, 2018 - 2030 (USD Billion)
Figure 33. Canada extended stay hotel market estimates & forecast, 2018 - 2030 (USD Billion)
Figure 34. Mexico extended stay hotel market estimates & forecast, 2018 - 2030 (USD Billion)
Figure 35. Europe extended stay hotel market estimates & forecast, 2018 - 2030 (USD Billion)
Figure 36. Germany extended stay hotel market estimates & forecast, 2018 - 2030 (USD Billion)
Figure 37. U.K. extended stay hotel market estimates & forecast, 2018 - 2030 (USD Billion)
Figure 38. France extended stay hotel market estimates & forecast, 2018 - 2030 (USD Billion)
Figure 39. Italy extended stay hotel market estimates & forecast, 2018 - 2030 (USD Billion)
Figure 40. Spain extended stay hotel market estimates & forecast, 2018 - 2030 (USD Billion)
Figure 41. Asia Pacific extended stay hotel market estimates & forecast, 2018 - 2030 (USD Billion)
Figure 42. China extended stay hotel market estimates & forecast, 2018 - 2030 (USD Billion)
Figure 43. India extended stay hotel market estimates & forecast, 2018 - 2030 (USD Billion)
Figure 44. Japan extended stay hotel market estimates & forecast, 2018 - 2030 (USD Billion)
Figure 45. Australia & New Zealand extended stay hotel market estimates & forecast, 2018 - 2030 (USD Billion)
Figure 46. South Korea extended stay hotel market estimates & forecast, 2018 - 2030 (USD Billion)
Figure 47. Central and South America extended stay hotel market estimates & forecast, 2018 - 2030 (USD Billion)
Figure 48. Brazil extended stay hotel market estimates & forecast, 2018 - 2030 (USD Billion)
Figure 49. Middle East & Africa extended stay hotel market estimates & forecast, 2018 - 2030 (USD Billion)
Figure 50. South Africa extended stay hotel market estimates & forecast, 2018 - 2030 (USD Billion)
Figure 51. Key company categorization
Figure 52. Company market share analysis, 2023
Figure 53. Strategic framework of extended stay

Companies Mentioned

  • Extended Stay America
  • Marriott International, Inc.
  • Hilton Worldwide Holdings Inc.
  • The Ascott Limited
  • Hyatt Hotels Corporation
  • InterContinental Hotels Group
  • Accor S.A.
  • Sleep Intown IX, L.P.
  • Choice Hotels International, Inc.
  • Wyndham Hotels & Resorts

Methodology

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Table Information

Report AttributeDetails
No. of Pages100
PublishedAugust 2024
Forecast Period2023 - 2030
Estimated Market Value ( USD ) in 2023 $ 53.24 Billion
Forecasted Market Value ( USD ) by 2030 $ 98.8 Billion
Compound Annual Growth Rate9.4%
Regions CoveredGlobal
No. of Companies Mentioned10

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Boutique Hotel Market Size, Share & Trends Analysis Report By Type (Luxury, Mid-Scale, Budget) By Traveler Type (Leisure Travelers, Business Travelers), By Booking Mode (Direct Booking, Travel Agents), By Region, And Segment Forecasts, 2024 - 2030

  • Report
  • 110 Pages
  • Global
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U.S. Hotels, Resorts and Cruise Lines Market Size, Share & Trends Analysis Report by Type (Hotels, Resorts, Cruise), Booking Mode (Direct Booking, Online Travel Agents and Travel Agencies (OTAs)), and Segment Forecasts, 2025-2030 - Product Image

U.S. Hotels, Resorts and Cruise Lines Market Size, Share & Trends Analysis Report by Type (Hotels, Resorts, Cruise), Booking Mode (Direct Booking, Online Travel Agents and Travel Agencies (OTAs)), and Segment Forecasts, 2025-2030

  • Report
  • 84 Pages
  • United States
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About the Extended Stay Hotel Market

The Extended Stay Hotel market is a segment of the Hotels and Travel Accommodation industry that provides long-term lodging for travelers. These hotels typically offer amenities such as kitchens, laundry facilities, and living areas, making them ideal for travelers who need to stay for more than a few days. Extended Stay Hotels are often used by business travelers, families on vacation, and those relocating to a new city. Extended Stay Hotels are typically more affordable than traditional hotels, and offer more space and amenities than a typical hotel room. They are also often located in convenient locations, making them ideal for travelers who need to be close to their destination. Some of the companies in the Extended Stay Hotel market include Extended Stay America, Homestead Studio Suites, Residence Inn, Candlewood Suites, and TownePlace Suites. Show Less Read more

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