Global Extended Stay Hotel Market Research Report 2023

Extended stay hotels are apartment hotels where tourists can stay for as long as they want and can check out whenever they want. In Others words, extended stay hotels are just like renting an apartment; however, there is no fixed contract for the occupants.

The global Extended Stay Hotel market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

North American market for Extended Stay Hotel is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

Asia-Pacific market for Extended Stay Hotel is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The global market for Extended Stay Hotel in Travelers is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The key global companies of Extended Stay Hotel include Hilton Worldwide, Hyatt Hotel, Choice Hotels International, InterContinental Hotels Group (IHG), Marriott International and Wyndham Hotel Group, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Extended Stay Hotel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Extended Stay Hotel.

The Extended Stay Hotel market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Extended Stay Hotel market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Extended Stay Hotel companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Extended Stay Hotel Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Economic Type Extended Stay Hotel

1.2.3 Middle Type Extended Stay Hotel

1.2.4 Luxury Type Extended Stay Hotel

1.3 Market by Application

1.3.1 Global Extended Stay Hotel Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Travelers

1.3.3 Business Customers

1.3.4 Trainers and Trainees

1.3.5 Government and Army Staff

1.3.6 Others

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Extended Stay Hotel Market Perspective (2018-2029)

2.2 Extended Stay Hotel Growth Trends by Region

2.2.1 Global Extended Stay Hotel Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Extended Stay Hotel Historic Market Size by Region (2018-2023)

2.2.3 Extended Stay Hotel Forecasted Market Size by Region (2024-2029)

2.3 Extended Stay Hotel Market Dynamics

2.3.1 Extended Stay Hotel Industry Trends

2.3.2 Extended Stay Hotel Market Drivers

2.3.3 Extended Stay Hotel Market Challenges

2.3.4 Extended Stay Hotel Market Restraints

3.1 Global Top Extended Stay Hotel Players by Revenue

3.1.1 Global Top Extended Stay Hotel Players by Revenue (2018-2023)

3.1.2 Global Extended Stay Hotel Revenue Market Share by Players (2018-2023)

3.2 Global Extended Stay Hotel Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Extended Stay Hotel Revenue

3.4 Global Extended Stay Hotel Market Concentration Ratio

3.4.1 Global Extended Stay Hotel Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Extended Stay Hotel Revenue in 2022

3.5 Extended Stay Hotel Key Players Head office and Area Served

3.6 Key Players Extended Stay Hotel Product Solution and Service

3.7 Date of Enter into Extended Stay Hotel Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Extended Stay Hotel Historic Market Size by Type (2018-2023)

4.2 Global Extended Stay Hotel Forecasted Market Size by Type (2024-2029)

5.1 Global Extended Stay Hotel Historic Market Size by Application (2018-2023)

5.2 Global Extended Stay Hotel Forecasted Market Size by Application (2024-2029)

6.1 North America Extended Stay Hotel Market Size (2018-2029)

6.2 North America Extended Stay Hotel Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Extended Stay Hotel Market Size by Country (2018-2023)

6.4 North America Extended Stay Hotel Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Extended Stay Hotel Market Size (2018-2029)

7.2 Europe Extended Stay Hotel Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Extended Stay Hotel Market Size by Country (2018-2023)

7.4 Europe Extended Stay Hotel Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Extended Stay Hotel Market Size (2018-2029)

8.2 Asia-Pacific Extended Stay Hotel Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Extended Stay Hotel Market Size by Region (2018-2023)

8.4 Asia-Pacific Extended Stay Hotel Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Extended Stay Hotel Market Size (2018-2029)

9.2 Latin America Extended Stay Hotel Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Extended Stay Hotel Market Size by Country (2018-2023)

9.4 Latin America Extended Stay Hotel Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Extended Stay Hotel Market Size (2018-2029)

10.2 Middle East & Africa Extended Stay Hotel Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Extended Stay Hotel Market Size by Country (2018-2023)

10.4 Middle East & Africa Extended Stay Hotel Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 Hilton Worldwide

11.1.1 Hilton Worldwide Company Detail

11.1.2 Hilton Worldwide Business Overview

11.1.3 Hilton Worldwide Extended Stay Hotel Introduction

11.1.4 Hilton Worldwide Revenue in Extended Stay Hotel Business (2018-2023)

11.1.5 Hilton Worldwide Recent Development

11.2 Hyatt Hotel

11.2.1 Hyatt Hotel Company Detail

11.2.2 Hyatt Hotel Business Overview

11.2.3 Hyatt Hotel Extended Stay Hotel Introduction

11.2.4 Hyatt Hotel Revenue in Extended Stay Hotel Business (2018-2023)

11.2.5 Hyatt Hotel Recent Development

11.3 Choice Hotels International

11.3.1 Choice Hotels International Company Detail

11.3.2 Choice Hotels International Business Overview

11.3.3 Choice Hotels International Extended Stay Hotel Introduction

11.3.4 Choice Hotels International Revenue in Extended Stay Hotel Business (2018-2023)

11.3.5 Choice Hotels International Recent Development

11.4 InterContinental Hotels Group (IHG)

11.4.1 InterContinental Hotels Group (IHG) Company Detail

11.4.2 InterContinental Hotels Group (IHG) Business Overview

11.4.3 InterContinental Hotels Group (IHG) Extended Stay Hotel Introduction

11.4.4 InterContinental Hotels Group (IHG) Revenue in Extended Stay Hotel Business (2018-2023)

11.4.5 InterContinental Hotels Group (IHG) Recent Development

11.5 Marriott International

11.5.1 Marriott International Company Detail

11.5.2 Marriott International Business Overview

11.5.3 Marriott International Extended Stay Hotel Introduction

11.5.4 Marriott International Revenue in Extended Stay Hotel Business (2018-2023)

11.5.5 Marriott International Recent Development

11.6 Wyndham Hotel Group

11.6.1 Wyndham Hotel Group Company Detail

11.6.2 Wyndham Hotel Group Business Overview

11.6.3 Wyndham Hotel Group Extended Stay Hotel Introduction

11.6.4 Wyndham Hotel Group Revenue in Extended Stay Hotel Business (2018-2023)

11.6.5 Wyndham Hotel Group Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Extended Stay Hotel Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Economic Type Extended Stay Hotel

    Table 3. Key Players of Middle Type Extended Stay Hotel

    Table 4. Key Players of Luxury Type Extended Stay Hotel

    Table 5. Global Extended Stay Hotel Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 6. Global Extended Stay Hotel Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 7. Global Extended Stay Hotel Market Size by Region (2018-2023) & (US$ Million)

    Table 8. Global Extended Stay Hotel Market Share by Region (2018-2023)

    Table 9. Global Extended Stay Hotel Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 10. Global Extended Stay Hotel Market Share by Region (2024-2029)

    Table 11. Extended Stay Hotel Market Trends

    Table 12. Extended Stay Hotel Market Drivers

    Table 13. Extended Stay Hotel Market Challenges

    Table 14. Extended Stay Hotel Market Restraints

    Table 15. Global Extended Stay Hotel Revenue by Players (2018-2023) & (US$ Million)

    Table 16. Global Extended Stay Hotel Market Share by Players (2018-2023)

    Table 17. Global Top Extended Stay Hotel Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Extended Stay Hotel as of 2022)

    Table 18. Ranking of Global Top Extended Stay Hotel Companies by Revenue (US$ Million) in 2022

    Table 19. Global 5 Largest Players Market Share by Extended Stay Hotel Revenue (CR5 and HHI) & (2018-2023)

    Table 20. Key Players Headquarters and Area Served

    Table 21. Key Players Extended Stay Hotel Product Solution and Service

    Table 22. Date of Enter into Extended Stay Hotel Market

    Table 23. Mergers & Acquisitions, Expansion Plans

    Table 24. Global Extended Stay Hotel Market Size by Type (2018-2023) & (US$ Million)

    Table 25. Global Extended Stay Hotel Revenue Market Share by Type (2018-2023)

    Table 26. Global Extended Stay Hotel Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 27. Global Extended Stay Hotel Revenue Market Share by Type (2024-2029)

    Table 28. Global Extended Stay Hotel Market Size by Application (2018-2023) & (US$ Million)

    Table 29. Global Extended Stay Hotel Revenue Market Share by Application (2018-2023)

    Table 30. Global Extended Stay Hotel Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 31. Global Extended Stay Hotel Revenue Market Share by Application (2024-2029)

    Table 32. North America Extended Stay Hotel Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 33. North America Extended Stay Hotel Market Size by Country (2018-2023) & (US$ Million)

    Table 34. North America Extended Stay Hotel Market Size by Country (2024-2029) & (US$ Million)

    Table 35. Europe Extended Stay Hotel Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 36. Europe Extended Stay Hotel Market Size by Country (2018-2023) & (US$ Million)

    Table 37. Europe Extended Stay Hotel Market Size by Country (2024-2029) & (US$ Million)

    Table 38. Asia-Pacific Extended Stay Hotel Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 39. Asia-Pacific Extended Stay Hotel Market Size by Region (2018-2023) & (US$ Million)

    Table 40. Asia-Pacific Extended Stay Hotel Market Size by Region (2024-2029) & (US$ Million)

    Table 41. Latin America Extended Stay Hotel Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 42. Latin America Extended Stay Hotel Market Size by Country (2018-2023) & (US$ Million)

    Table 43. Latin America Extended Stay Hotel Market Size by Country (2024-2029) & (US$ Million)

    Table 44. Middle East & Africa Extended Stay Hotel Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 45. Middle East & Africa Extended Stay Hotel Market Size by Country (2018-2023) & (US$ Million)

    Table 46. Middle East & Africa Extended Stay Hotel Market Size by Country (2024-2029) & (US$ Million)

    Table 47. Hilton Worldwide Company Detail

    Table 48. Hilton Worldwide Business Overview

    Table 49. Hilton Worldwide Extended Stay Hotel Product

    Table 50. Hilton Worldwide Revenue in Extended Stay Hotel Business (2018-2023) & (US$ Million)

    Table 51. Hilton Worldwide Recent Development

    Table 52. Hyatt Hotel Company Detail

    Table 53. Hyatt Hotel Business Overview

    Table 54. Hyatt Hotel Extended Stay Hotel Product

    Table 55. Hyatt Hotel Revenue in Extended Stay Hotel Business (2018-2023) & (US$ Million)

    Table 56. Hyatt Hotel Recent Development

    Table 57. Choice Hotels International Company Detail

    Table 58. Choice Hotels International Business Overview

    Table 59. Choice Hotels International Extended Stay Hotel Product

    Table 60. Choice Hotels International Revenue in Extended Stay Hotel Business (2018-2023) & (US$ Million)

    Table 61. Choice Hotels International Recent Development

    Table 62. InterContinental Hotels Group (IHG) Company Detail

    Table 63. InterContinental Hotels Group (IHG) Business Overview

    Table 64. InterContinental Hotels Group (IHG) Extended Stay Hotel Product

    Table 65. InterContinental Hotels Group (IHG) Revenue in Extended Stay Hotel Business (2018-2023) & (US$ Million)

    Table 66. InterContinental Hotels Group (IHG) Recent Development

    Table 67. Marriott International Company Detail

    Table 68. Marriott International Business Overview

    Table 69. Marriott International Extended Stay Hotel Product

    Table 70. Marriott International Revenue in Extended Stay Hotel Business (2018-2023) & (US$ Million)

    Table 71. Marriott International Recent Development

    Table 72. Wyndham Hotel Group Company Detail

    Table 73. Wyndham Hotel Group Business Overview

    Table 74. Wyndham Hotel Group Extended Stay Hotel Product

    Table 75. Wyndham Hotel Group Revenue in Extended Stay Hotel Business (2018-2023) & (US$ Million)

    Table 76. Wyndham Hotel Group Recent Development

    Table 77. Research Programs/Design for This Report

    Table 78. Key Data Information from Secondary Sources

    Table 79. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Extended Stay Hotel Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global Extended Stay Hotel Market Share by Type: 2022 VS 2029

    Figure 3. Economic Type Extended Stay Hotel Features

    Figure 4. Middle Type Extended Stay Hotel Features

    Figure 5. Luxury Type Extended Stay Hotel Features

    Figure 6. Global Extended Stay Hotel Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 7. Global Extended Stay Hotel Market Share by Application: 2022 VS 2029

    Figure 8. Travelers Case Studies

    Figure 9. Business Customers Case Studies

    Figure 10. Trainers and Trainees Case Studies

    Figure 11. Government and Army Staff Case Studies

    Figure 12. Others Case Studies

    Figure 13. Extended Stay Hotel Report Years Considered

    Figure 14. Global Extended Stay Hotel Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 15. Global Extended Stay Hotel Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 16. Global Extended Stay Hotel Market Share by Region: 2022 VS 2029

    Figure 17. Global Extended Stay Hotel Market Share by Players in 2022

    Figure 18. Global Top Extended Stay Hotel Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Extended Stay Hotel as of 2022)

    Figure 19. The Top 10 and 5 Players Market Share by Extended Stay Hotel Revenue in 2022

    Figure 20. North America Extended Stay Hotel Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 21. North America Extended Stay Hotel Market Share by Country (2018-2029)

    Figure 22. United States Extended Stay Hotel Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 23. Canada Extended Stay Hotel Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 24. Europe Extended Stay Hotel Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 25. Europe Extended Stay Hotel Market Share by Country (2018-2029)

    Figure 26. Germany Extended Stay Hotel Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. France Extended Stay Hotel Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. U.K. Extended Stay Hotel Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. Italy Extended Stay Hotel Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. Russia Extended Stay Hotel Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. Nordic Countries Extended Stay Hotel Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. Asia-Pacific Extended Stay Hotel Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 33. Asia-Pacific Extended Stay Hotel Market Share by Region (2018-2029)

    Figure 34. China Extended Stay Hotel Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. Japan Extended Stay Hotel Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. South Korea Extended Stay Hotel Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. Southeast Asia Extended Stay Hotel Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. India Extended Stay Hotel Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. Australia Extended Stay Hotel Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. Latin America Extended Stay Hotel Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 41. Latin America Extended Stay Hotel Market Share by Country (2018-2029)

    Figure 42. Mexico Extended Stay Hotel Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 43. Brazil Extended Stay Hotel Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 44. Middle East & Africa Extended Stay Hotel Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 45. Middle East & Africa Extended Stay Hotel Market Share by Country (2018-2029)

    Figure 46. Turkey Extended Stay Hotel Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 47. Saudi Arabia Extended Stay Hotel Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 48. Hilton Worldwide Revenue Growth Rate in Extended Stay Hotel Business (2018-2023)

    Figure 49. Hyatt Hotel Revenue Growth Rate in Extended Stay Hotel Business (2018-2023)

    Figure 50. Choice Hotels International Revenue Growth Rate in Extended Stay Hotel Business (2018-2023)

    Figure 51. InterContinental Hotels Group (IHG) Revenue Growth Rate in Extended Stay Hotel Business (2018-2023)

    Figure 52. Marriott International Revenue Growth Rate in Extended Stay Hotel Business (2018-2023)

    Figure 53. Wyndham Hotel Group Revenue Growth Rate in Extended Stay Hotel Business (2018-2023)

    Figure 54. Bottom-up and Top-down Approaches for This Report

    Figure 55. Data Triangulation

    Figure 56. Key Executives Interviewed