Extended Stay Hotel Market Report 2026

Extended Stay Hotel Market Overview

• Extended Stay Hotel market size has reached to $61.08 billion in 2025 • Expected to grow to $88.92 billion in 2030 at a compound annual growth rate (CAGR) of 7.9% • Growth Driver: Global Tourism Boosts Extended-Stay Hospitality Market • Market Trend: Extended-Stay Suite Brands Redefining The Extended-Stay Hotel Market • North America was the largest region in 2025.

What Is Covered Under Extended Stay Hotel Market?

An extended stay hotel is an accommodation establishment designed to cater to individuals or groups who require lodging for an extended period, typically longer than a traditional short-term stay at a standard hotel. These hotels offer fully furnished suites or rooms with amenities such as kitchenettes or full kitchens, making them suitable for guests who need a place to stay for weeks, months, or even longer. The main types of extended-stay hotels are economic, middle, and luxury. Economic refers to a category of hotel rooms that cost less than first-class accommodation. The various stay duration includes weekly, long term. The various tourist types including domestic, and international can book through various booking channels such as online, on the phone, and in-person. These are used by various applications such as travelers, business customers, trainers and trainees, government and army staff, and others.

What Is The Extended Stay Hotel Market Growth Forecast?

The extended stay hotel market size is expected to see strong growth in the next few years. It will grow to $88.92 billion in 2030 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to increase in remote work assignments, long term corporate travel needs, growth in infrastructure projects, demand for flexible lodging, expansion of extended stay hotel chains. Major trends in the forecast period include rising demand for long duration accommodation, growing preference for fully furnished suites, increased adoption of flexible pricing models, expansion of corporate and project based stays, focus on home like guest experiences.

Global Extended Stay Hotel Market Segmentation

1) By Type: Economic, Middle, Luxury 2) By Stay Duration: Weekly, Long Term 3) By Tourist Type: Domestic, International 4) By Booking Channel: Online, On Phone, In-Person 5) By Application: Travelers, Business Customers, Trainers And Trainees, Government And Army Staff, Other Applications Subsegments: 1) By Economic: Budget Extended Stay Hotels, Economy Suites 2) By Middle: Midscale Extended Stay Hotels, Business Class Extended Stay Hotels 3) By Luxury: Upscale Extended Stay Hotels, Premium Extended Stay Suites

What Is The Driver Of The Extended Stay Hotel Market?

The growing tourism sector is expected to propel the growth of the extended-stay hotel market going forward. Tourism is a cultural, social, and economic phenomenon involving individuals traveling to nations or locations beyond their typical environment for personal, business, or professional reasons. Extended-stay hotels offer travelers, business clients, and other people home-such as comfort by providing different amenities and services, such as cleaning and cooking, to help them stay productive in a new city or place. For instance, in May 2024, according to the Office for National Statistics, a UK-based executive office of the UK Statistics Authority, the number of visits to the UK by international visitors rose in 2023 compared to 2022, increasing from 31.2 million in 2022 to 38.0 million in 2023. Therefore, the growing tourism sector is driving the growth of the extended-stay hotel market.

Key Players In The Global Extended Stay Hotel Market

Major companies operating in the extended stay hotel market are Marriott International Inc., Hilton Worldwide Holdings Inc., Hyatt Hotels Corporation, Accor Group, G6 Hospitality LLC, InterContinental Hotels Group PLC, Wyndham Hotels And Resorts Inc., Choice Hotels International Inc., Extended Stay America Inc., The Ascott Limited, Sonder Holdings Inc., InTown Suites, Larkspur Landing, National Corporate Housing Inc., Kasa Living Inc., Domio Inc., Ginosi Corporation, Synergy Global Housing LLC, My Place Hotels Of America LLC, Mint House Inc., Blueground, The Locale LLC, Corporate Worldwide Stay LLP, Le Square Phillips, Les Suites Hotel, WaterWalk Hotel Apartments, Zeus Living Inc., Crestwood Suites Hotel

Global Extended Stay Hotel Market Trends and Insights

Major companies operating in the extended-stay hotel market are focusing on developing innovative solutions such as extended stay suite brands. Extended stay suite brands are hotel chains or brands that specialize in providing accommodations designed for longer-term stays. These suites typically offer amenities such as fully equipped kitchens, living areas, and additional space compared to traditional hotel rooms. For instance, in June 2023, Marriott International, Inc., a US-based hospitality company announced the launch of ‘Project MidX Studios’. It is designed to provide modern comfort at an affordable price point, this midscale extended stay brand aims to offer reasonably priced accommodations for guests seeking extended stays in the United States and Canada.

What Are Latest Mergers And Acquisitions In The Extended Stay Hotel Market?

In July 2023, Noble Investment Group, a US-based real estate investment manager, acquired a 10-property portfolio of extended-stay hotel properties from Woodspring Suites for an undisclosed amount. This acquisition is part of Noble's strategy to enhance its presence in the extended stay segment, which has gained traction due to its resilience during the pandemic. Woodspring Suites is a US-based extended-stay hotel brand.

Regional Outlook

North America was the largest region in the extended stay hotel market in 2025. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Extended Stay Hotel Market?

The extended-stay hotel includes revenues earned by entities through food services, housekeeping services, pet-friendly accommodations and cleaning services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Extended Stay Hotel Market Report 2026?

The extended stay hotel market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the extended stay hotel industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.