Global Extended Stay Hotel Market Growth (Status and Outlook) 2023-2029

Global Extended Stay Hotel Market Growth (Status and Outlook) 2023-2029

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.

LPI (LP Information)' newest research report, the “Extended Stay Hotel Industry Forecast” looks at past sales and reviews total world Extended Stay Hotel sales in 2022, providing a comprehensive analysis by region and market sector of projected Extended Stay Hotel sales for 2023 through 2029. With Extended Stay Hotel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Extended Stay Hotel industry.

This Insight Report provides a comprehensive analysis of the global Extended Stay Hotel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Extended Stay Hotel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Extended Stay Hotel market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Extended Stay Hotel and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Extended Stay Hotel.

The global Extended Stay Hotel market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Extended Stay Hotel is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Extended Stay Hotel is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Extended Stay Hotel is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Extended Stay Hotel players cover Hilton Worldwide, Hyatt Hotel, Choice Hotels International, InterContinental Hotels Group (IHG), Marriott International and Wyndham Hotel Group, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Extended Stay Hotel market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Economic Type Extended Stay Hotel
Middle Type Extended Stay Hotel
Luxury Type Extended Stay Hotel

Segmentation by application
Travelers
Business Customers
Trainers and Trainees
Government and Army Staff
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hilton Worldwide
Hyatt Hotel
Choice Hotels International
InterContinental Hotels Group (IHG)
Marriott International
Wyndham Hotel Group

Please note: The report will take approximately 2 business days to prepare and deliver.