Extended Stay Hotel Market Key Industry Analysis
The report covers a detailed analysis and forecast for the global extended stay hotel market on a global and regional level from 2021 to 2028. The study offers historical data from 2016 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Million). The study comprises a comprehensive view of the market with a review of market drivers, restraints, and opportunities. It also provides the level of impact of drivers and restraints on the extended stay hotel market between 2021 and 2028.
These assessments help users of the report to analyze the extended stay hotel market on the basis of different metrics that includes brand loyalty, switching costs, capital investments, economies of scale, regulatory legislation, current sales networks, production rights and patents, customer preferences, and promotional effects. This categorized data is expected to aid industry stakeholders in decision-making.The study also suggests company penetration plans for new entrants. Furthermore, the extended stay hotel industry study report has listed the main manufacturers and distributors operating in all the major regions. We anticipate that this analysis and data will assist industry players to strengthen their networks of market penetration and expand their geographical breadth as a result of their efforts.
Market Research Store (MRS) published a latest report titled “Extended Stay Hotel Market research report which is segmented by Products (Economic Type Extended Stay Hotel, Middle Type Extended Stay Hotel, Luxury Type Extended Stay Hotel), by Applications (Travelers, Business Customers, Trainers and Trainees, Government and Army Staff, Others), by Key Players/Companies (Marriott International, Choice Hotels International, InterContinental Hotels Group (IHG), Hilton Worldwide, Hyatt Hotel, Wyndham Hotel Group)”. In 2020, the global extended stay hotel market demand was registered at XX (USD Million) and is predicted to reach XX (USD Million) at a CAGR of XX% by 2028.
Report Scope:
| Report Attributes | Report Details |
|---|---|
| Report Title | Extended Stay Hotel Market Research Report |
| By Products | Economic Type Extended Stay Hotel, Middle Type Extended Stay Hotel, Luxury Type Extended Stay Hotel |
| By Applications | Travelers, Business Customers, Trainers and Trainees, Government and Army Staff, Others |
| By Key Players | Marriott International, Choice Hotels International, InterContinental Hotels Group (IHG), Hilton Worldwide, Hyatt Hotel, Wyndham Hotel Group |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East And Africa (MEA) |
| Countries Covered | North America : U.S and Canada Europe : U.K, Spain, Germany, Italy, Russia, France, Rest of Europe APAC : Japan, India, China, Australia, South Korea, South East Asia, Rest of Asia Pacific Latin America : Mexico, Brazil The Middle East And Africa : South Africa, UAE, Saudi Arab, Rest of MEA |
| Base Year | 2020 |
| Historical Year | 2016to 2020 (Depending on availability, data from 2010 can be offered) |
| Forecast Year | 2028 |
| Number of Pages | 116 |
| Customization Available | Yes, the report can be tailored to meet your specific requirements. |
The study includes a detailed competitive scenario and product portfolio of key vendors. The report evaluates Porter’s Five Forces model to analyze the different factors affecting the growth of the extended stay hotel market. Furthermore, the study encompasses a market attractiveness analysis, which provides the most attractive and least attractive market segments information by products, applications, and region. Additionally, the report also covers the exhaustive regulatory landscape, technology landscape, value chain analysis and PEST analysis.
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Extended Stay Hotel Market COVID-19 Impact Analysis
The epidemic of COVID-19 has caused significant economic and social upheaval. The pandemic has had an influence on the supply chain and value chain of numerous businesses. The extended stay hotel market is not an exception. The impact of the COVID-19 pandemic will be analyzed on the basis of the overall industry including both the demand side and supply side perspectives. The effects of the pandemic would be studied and analyzed for short-term and long-term scenarios. This would assist to formulate business strategies for the period during the pandemic as well as the post-pandemic period for all stakeholders involved in the industry including suppliers, manufacturers, vendors, distributors, and end-users.
Extended Stay Hotel Market Key Segment Analysis
The report study delivers a critical assessment on the extended stay hotel by segmenting the total addressable market based on products, applications, and region. All the segments & categories of the extended stay hotel market are evaluated on the basis of past and future trends. The data for the market and its segments & categories are provided from 2016 to 2028. The report has identified the important segments & categories offering the most to the total addressable market growth in terms of revenue as well as the factors advancing their development.
The report includes a detailed segment analysis of the extended stay hotel market based on products, applications, and region. On the basis of Products, the market can be classified into Economic Type Extended Stay Hotel, Middle Type Extended Stay Hotel, Luxury Type Extended Stay Hotel. Based on the Applications, the market can be segmented into the Travelers, Business Customers, Trainers and Trainees, Government and Army Staff, Others.
Key Market Players & Competitive Landscape of Extended Stay Hotel Market
The report provides exhaustive information on all the key players in the industry based on company overview, company market share, recent developments, business strategies, and financial performance among others. The report will also provide an extensive product portfolio for each company along with detailed descriptions/features. This report also contains useful recommendations for both established and new players around the world.
Some of the key players in the extended stay hotel market include:
- Marriott International
- Choice Hotels International
- InterContinental Hotels Group (IHG)
- Hilton Worldwide
- Hyatt Hotel
- Wyndham Hotel Group
Due to the existence of multiple significant competitors, the industry is very competitive. Several inorganic growth techniques, such as acquisitions, mergers, and regional expansion are being pursued by the majority of manufacturers in order to increase their market share and obtain a competitive edge.
Key Benefits of the Report:
- COVID-19 Impact Analysis (A completely separate Chapter)
- Market size in terms of revenue from 2016 to 2028
- Market size for each segment from 2016 to 2028, by Region
- Market Attractiveness Analysis for all the segments
- Market Drivers, Restraints, and Opportunities
- Regional Market Trends
- Value Chain Analysis
- Regulatory Landscape
- Technology Landscape
- PEST Analysis
- Porter’s Five Forces Analysis
- Competitive Landscape and Company Market Shares
Extended Stay Hotel Market Regional Analysis
The report provides market size for all the segments and their categories for regions that include North America, Europe, Asia Pacific (APAC), Latin America and the Middle East & Africa (MEA). These regions are further bifurcated into major countries including the U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others. The report has analyzed both developed & developing regions considered for research of the extended stay hotel market. To assist firms in developing effective development strategies, the regional analysis section provides a complete overview of the industry from a number of countries and regions.
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Significant aspects of the Extended Stay Hotel Market Report:
- Drivers, Restraints, Opportunities and Recent Trends of the extended stay hotel market
- Structure of the market and projections for the next few years
- Market situation for each segment and region
- By Products
- Economic Type Extended Stay Hotel
- Middle Type Extended Stay Hotel
- Luxury Type Extended Stay Hotel
- By Applications
- Travelers
- Business Customers
- Trainers and Trainees
- Government and Army Staff
- Others
- By Region
- North America
- Europe
- Asia Pacific
- Latin America
- The Middle East & Africa
- An evaluation of upstream raw materials, downstream demand, and existing market dynamics is carried out
- Company Market Shares, Competitive Landscape, SWOT Analysis, and Product Specification
The findings would be further affirmed and expanded upon through primary research conducted with industry professionals and decision-makers from around the world. A wide range of data validation and market estimation approaches were used to further assemble and validate the results gathered during the research. We also have our data forecasting algorithm that projects market growth over the year 2028. We performed both primary and secondary research to gain a clear overview of the extended stay hotel market. This helped us understand existing market dynamics like supply-demand imbalance, pricing trends, product preferences, consumer behavior, and other factors.
The following are the justifications for purchasing the Extended Stay Hotel Market report:
- Learn how to gather and analyze strategically essential competitor data and resources to develop effective R&D strategies.
- Consider the target demography when classifying possible new clients or partners.
- Identify the strategic priorities of top firms to establish tactical efforts.
- Selecting Leading Manufacturers might help you determine mergers and acquisitions more effectively.
- The study provides an in-depth analysis of market segments, sub-segments, and the regional prognosis for the market in consideration.
- The report provides an in-depth overview of the supplier analysis, competitive landscape, and major industry strategies that will help businesses obtain a competitive advantage in the industry.
Frequently Asked Questions
- Marriott International
- Choice Hotels International
- InterContinental Hotels Group (IHG)
- Hilton Worldwide
- Hyatt Hotel
- Wyndham Hotel Group
Table Of Content
Table of Content 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Regulatory Scenario by Region/Country 1.4 Market Investment Scenario Strategic 1.5 Market Analysis by Type 1.5.1 Global Extended Stay Hotel Market Share by Type (2020-2026) 1.5.2 Economic Type Extended Stay Hotel 1.5.3 Middle Type Extended Stay Hotel 1.5.4 Luxury Type Extended Stay Hotel 1.6 Market by Application 1.6.1 Global Extended Stay Hotel Market Share by Application (2020-2026) 1.6.2 Travelers 1.6.3 Business Customers 1.6.4 Trainers and Trainees 1.6.5 Government and Army Staff 1.6.6 Others 1.7 Extended Stay Hotel Industry Development Trends under COVID-19 Outbreak 1.7.1 Global COVID-19 Status Overview 1.7.2 Influence of COVID-19 Outbreak on Extended Stay Hotel Industry Development 2. Global Market Growth Trends 2.1 Industry Trends 2.1.1 SWOT Analysis 2.1.2 Porter’s Five Forces Analysis 2.2 Potential Market and Growth Potential Analysis 2.3 Industry News and Policies by Regions 2.3.1 Industry News 2.3.2 Industry Policies 2.4 Industry Trends Under COVID-19 3 Value Chain of Extended Stay Hotel Market 3.1 Value Chain Status 3.2 Extended Stay Hotel Manufacturing Cost Structure Analysis 3.2.1 Production Process Analysis 3.2.2 Manufacturing Cost Structure of Extended Stay Hotel 3.2.3 Labor Cost of Extended Stay Hotel 3.2.3.1 Labor Cost of Extended Stay Hotel Under COVID-19 3.3 Sales and Marketing Model Analysis 3.4 Downstream Major Customer Analysis (by Region) 3.5 Value Chain Status Under COVID-19 4 Players Profiles 4.1 Marriott International 4.1.1 Marriott International Basic Information 4.1.2 Extended Stay Hotel Product Profiles, Application and Specification 4.1.3 Marriott International Extended Stay Hotel Market Performance (2015-2020) 4.1.4 Marriott International Business Overview 4.2 Choice Hotels International 4.2.1 Choice Hotels International Basic Information 4.2.2 Extended Stay Hotel Product Profiles, Application and Specification 4.2.3 Choice Hotels International Extended Stay Hotel Market Performance (2015-2020) 4.2.4 Choice Hotels International Business Overview 4.3 InterContinental Hotels Group (IHG) 4.3.1 InterContinental Hotels Group (IHG) Basic Information 4.3.2 Extended Stay Hotel Product Profiles, Application and Specification 4.3.3 InterContinental Hotels Group (IHG) Extended Stay Hotel Market Performance (2015-2020) 4.3.4 InterContinental Hotels Group (IHG) Business Overview 4.4 Hilton Worldwide 4.4.1 Hilton Worldwide Basic Information 4.4.2 Extended Stay Hotel Product Profiles, Application and Specification 4.4.3 Hilton Worldwide Extended Stay Hotel Market Performance (2015-2020) 4.4.4 Hilton Worldwide Business Overview 4.5 Hyatt Hotel 4.5.1 Hyatt Hotel Basic Information 4.5.2 Extended Stay Hotel Product Profiles, Application and Specification 4.5.3 Hyatt Hotel Extended Stay Hotel Market Performance (2015-2020) 4.5.4 Hyatt Hotel Business Overview 4.6 Wyndham Hotel Group 4.6.1 Wyndham Hotel Group Basic Information 4.6.2 Extended Stay Hotel Product Profiles, Application and Specification 4.6.3 Wyndham Hotel Group Extended Stay Hotel Market Performance (2015-2020) 4.6.4 Wyndham Hotel Group Business Overview 5 Global Extended Stay Hotel Market Analysis by Regions 5.1 Global Extended Stay Hotel Sales, Revenue and Market Share by Regions 5.1.1 Global Extended Stay Hotel Sales by Regions (2015-2020) 5.1.2 Global Extended Stay Hotel Revenue by Regions (2015-2020) 5.2 North America Extended Stay Hotel Sales and Growth Rate (2015-2020) 5.3 Europe Extended Stay Hotel Sales and Growth Rate (2015-2020) 5.4 Asia-Pacific Extended Stay Hotel Sales and Growth Rate (2015-2020) 5.5 Middle East and Africa Extended Stay Hotel Sales and Growth Rate (2015-2020) 5.6 South America Extended Stay Hotel Sales and Growth Rate (2015-2020) 6 North America Extended Stay Hotel Market Analysis by Countries 6.1 North America Extended Stay Hotel Sales, Revenue and Market Share by Countries 6.1.1 North America Extended Stay Hotel Sales by Countries (2015-2020) 6.1.2 North America Extended Stay Hotel Revenue by Countries (2015-2020) 6.1.3 North America Extended Stay Hotel Market Under COVID-19 6.2 United States Extended Stay Hotel Sales and Growth Rate (2015-2020) 6.2.1 United States Extended Stay Hotel Market Under COVID-19 6.3 Canada Extended Stay Hotel Sales and Growth Rate (2015-2020) 6.4 Mexico Extended Stay Hotel Sales and Growth Rate (2015-2020) 7 Europe Extended Stay Hotel Market Analysis by Countries 7.1 Europe Extended Stay Hotel Sales, Revenue and Market Share by Countries 7.1.1 Europe Extended Stay Hotel Sales by Countries (2015-2020) 7.1.2 Europe Extended Stay Hotel Revenue by Countries (2015-2020) 7.1.3 Europe Extended Stay Hotel Market Under COVID-19 7.2 Germany Extended Stay Hotel Sales and Growth Rate (2015-2020) 7.2.1 Germany Extended Stay Hotel Market Under COVID-19 7.3 UK Extended Stay Hotel Sales and Growth Rate (2015-2020) 7.3.1 UK Extended Stay Hotel Market Under COVID-19 7.4 France Extended Stay Hotel Sales and Growth Rate (2015-2020) 7.4.1 France Extended Stay Hotel Market Under COVID-19 7.5 Italy Extended Stay Hotel Sales and Growth Rate (2015-2020) 7.5.1 Italy Extended Stay Hotel Market Under COVID-19 7.6 Spain Extended Stay Hotel Sales and Growth Rate (2015-2020) 7.6.1 Spain Extended Stay Hotel Market Under COVID-19 7.7 Russia Extended Stay Hotel Sales and Growth Rate (2015-2020) 7.7.1 Russia Extended Stay Hotel Market Under COVID-19 8 Asia-Pacific Extended Stay Hotel Market Analysis by Countries 8.1 Asia-Pacific Extended Stay Hotel Sales, Revenue and Market Share by Countries 8.1.1 Asia-Pacific Extended Stay Hotel Sales by Countries (2015-2020) 8.1.2 Asia-Pacific Extended Stay Hotel Revenue by Countries (2015-2020) 8.1.3 Asia-Pacific Extended Stay Hotel Market Under COVID-19 8.2 China Extended Stay Hotel Sales and Growth Rate (2015-2020) 8.2.1 China Extended Stay Hotel Market Under COVID-19 8.3 Japan Extended Stay Hotel Sales and Growth Rate (2015-2020) 8.3.1 Japan Extended Stay Hotel Market Under COVID-19 8.4 South Korea Extended Stay Hotel Sales and Growth Rate (2015-2020) 8.4.1 South Korea Extended Stay Hotel Market Under COVID-19 8.5 Australia Extended Stay Hotel Sales and Growth Rate (2015-2020) 8.6 India Extended Stay Hotel Sales and Growth Rate (2015-2020) 8.6.1 India Extended Stay Hotel Market Under COVID-19 8.7 Southeast Asia Extended Stay Hotel Sales and Growth Rate (2015-2020) 8.7.1 Southeast Asia Extended Stay Hotel Market Under COVID-19 9 Middle East and Africa Extended Stay Hotel Market Analysis by Countries 9.1 Middle East and Africa Extended Stay Hotel Sales, Revenue and Market Share by Countries 9.1.1 Middle East and Africa Extended Stay Hotel Sales by Countries (2015-2020) 9.1.2 Middle East and Africa Extended Stay Hotel Revenue by Countries (2015-2020) 9.1.3 Middle East and Africa Extended Stay Hotel Market Under COVID-19 9.2 Saudi Arabia Extended Stay Hotel Sales and Growth Rate (2015-2020) 9.3 UAE Extended Stay Hotel Sales and Growth Rate (2015-2020) 9.4 Egypt Extended Stay Hotel Sales and Growth Rate (2015-2020) 9.5 Nigeria Extended Stay Hotel Sales and Growth Rate (2015-2020) 9.6 South Africa Extended Stay Hotel Sales and Growth Rate (2015-2020) 10 South America Extended Stay Hotel Market Analysis by Countries 10.1 South America Extended Stay Hotel Sales, Revenue and Market Share by Countries 10.1.1 South America Extended Stay Hotel Sales by Countries (2015-2020) 10.1.2 South America Extended Stay Hotel Revenue by Countries (2015-2020) 10.1.3 South America Extended Stay Hotel Market Under COVID-19 10.2 Brazil Extended Stay Hotel Sales and Growth Rate (2015-2020) 10.2.1 Brazil Extended Stay Hotel Market Under COVID-19 10.3 Argentina Extended Stay Hotel Sales and Growth Rate (2015-2020) 10.4 Columbia Extended Stay Hotel Sales and Growth Rate (2015-2020) 10.5 Chile Extended Stay Hotel Sales and Growth Rate (2015-2020) 11 Global Extended Stay Hotel Market Segment by Types 11.1 Global Extended Stay Hotel Sales, Revenue and Market Share by Types (2015-2020) 11.1.1 Global Extended Stay Hotel Sales and Market Share by Types (2015-2020) 11.1.2 Global Extended Stay Hotel Revenue and Market Share by Types (2015-2020) 11.2 Economic Type Extended Stay Hotel Sales and Price (2015-2020) 11.3 Middle Type Extended Stay Hotel Sales and Price (2015-2020) 11.4 Luxury Type Extended Stay Hotel Sales and Price (2015-2020) 12 Global Extended Stay Hotel Market Segment by Applications 12.1 Global Extended Stay Hotel Sales, Revenue and Market Share by Applications (2015-2020) 12.1.1 Global Extended Stay Hotel Sales and Market Share by Applications (2015-2020) 12.1.2 Global Extended Stay Hotel Revenue and Market Share by Applications (2015-2020) 12.2 Travelers Sales, Revenue and Growth Rate (2015-2020) 12.3 Business Customers Sales, Revenue and Growth Rate (2015-2020) 12.4 Trainers and Trainees Sales, Revenue and Growth Rate (2015-2020) 12.5 Government and Army Staff Sales, Revenue and Growth Rate (2015-2020) 12.6 Others Sales, Revenue and Growth Rate (2015-2020) 13 Extended Stay Hotel Market Forecast by Regions (2020-2026) 13.1 Global Extended Stay Hotel Sales, Revenue and Growth Rate (2020-2026) 13.2 Extended Stay Hotel Market Forecast by Regions (2020-2026) 13.2.1 North America Extended Stay Hotel Market Forecast (2020-2026) 13.2.2 Europe Extended Stay Hotel Market Forecast (2020-2026) 13.2.3 Asia-Pacific Extended Stay Hotel Market Forecast (2020-2026) 13.2.4 Middle East and Africa Extended Stay Hotel Market Forecast (2020-2026) 13.2.5 South America Extended Stay Hotel Market Forecast (2020-2026) 13.3 Extended Stay Hotel Market Forecast by Types (2020-2026) 13.4 Extended Stay Hotel Market Forecast by Applications (2020-2026) 13.5 Extended Stay Hotel Market Forecast Under COVID-19 14 Appendix 14.1 Methodology 14.2 Research Data Source
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