Extended Stay Hotel Market : Ready To Fly on high Growth Trends | Marriott International, Hilton Hotels, Hyatt Hotels

 

HTF MI recently introduced Global Extended Stay Hotel Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the

Key Players in This Report Include:

Marriott International, Hilton Hotels, Hyatt Hotels, Extended Stay America, Choice Hotels International, IHG (InterContinental Hotels Group), Wyndham Hotels, Radisson Hotel Group, Accor Hotels, Oakwood Worldwide, Home2 Suites by Hilton, Residence Inn by M

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According to HTF MI, the Extended Stay Hotel Market is estimated to reach USD 80Billion by 2030, currently pegged at USD 45Billion. In 2019 the market size was USD30Billion since then the growth rate of 7.2% from 2024 to 2032.

The Extended Stay Hotel market is segmented by Types (Studios, One-Bedroom, Two-Bedroom, Suites, Penthouse), Application (Business Travelers, Long-Term Stays, Relocation, Vacation Rentals, Corporate Housing) and by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA).

 

Definition:

Extended stay hotels provide temporary housing for guests staying a week or more, offering kitchen facilities and home-like amenities, commonly used by business travelers, relocating employees, and long-term vacationers.

Dominating Region:

North America

Fastest-Growing Region:

APAC

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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Extended Stay Hotel market segments by Types: Studios, One-Bedroom, Two-Bedroom, Suites, Penthouse
Detailed analysis of Extended Stay Hotel market segments by Applications: Business Travelers, Long-Term Stays, Relocation, Vacation Rentals, Corporate Housing

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)

·        Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

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Extended Stay Hotel Market Research Objectives:

- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.

 

FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

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Points Covered in Table of Content of Global Extended Stay Hotel Market:

Chapter 01 – Extended Stay Hotel Executive Summary

Chapter 02 – Market Overview

Chapter 03 – Key Success Factors

Chapter 04 – Global Extended Stay Hotel Market – Pricing Analysis

Chapter 05 – Global Extended Stay Hotel Market Background or History

Chapter 06 — Global Extended Stay Hotel Market Segmentation (e.g. Type, Application)

Chapter 07 – Key and Emerging Countries Analysis Worldwide Extended Stay Hotel Market

Chapter 08 – Global Extended Stay Hotel Market Structure & worth Analysis

Chapter 09 – Global Extended Stay Hotel Market Competitive Analysis & Challenges

Chapter 10 – Assumptions and Acronyms

Chapter 11 – Extended Stay Hotel Market Research Methodology

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, Japan, Australia or Southeast Asia.

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