The global extended stay hotel market is a dynamic and evolving sector, consisting of multinational hospitality corporations, regional extended stay brands, niche boutique operators, and independent providers. Major global players leading the market include Marriott International (Residence Inn & TownePlace Suites), Hilton Worldwide (Homewood Suites), and InterContinental Hotels Group (Staybridge Suites & Candlewood Suites), collectively accounting for approximately 40% of the market share.
These brands dominate the market with a wide portfolio of properties, standardized extended-stay amenities, and strong loyalty programs.
Regional leaders, including Choice Hotels (MainStay Suites & WoodSpring Suites), Wyndham Hotels (Hawthorn Suites), and Accor (Adagio Aparthotels), hold around 25% of the market, offering a mix of midscale and economy extended-stay options. They emphasize affordability, localized experiences, and flexible long-term lodging solutions.
Niche and boutique extended stay brands, such as AKA, Sonder, and The Ascott Limited, account for about 15% of the market. These operators focus on premium experiences, serviced apartments, and upscale extended stays catering to business travelers, digital nomads, and expatriates. Smaller independent operators and stand-alone extended stay properties contribute roughly 5% of the market, often partnering with major brands for visibility or operating in specialized markets.
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Global Market Share, 2025 | Industry Share % |
---|---|
Top 3 (Marriott, Hilton, IHG) | 19% |
Next 3 of Top 5 (Choice Hotels, Wyndham, Accor) | 25% |
Emerging & Niche Brands (AKA, Sonder, The Ascott Limited) | 15% |
Smaller Operators | 5% |
Regional & Specialized Extended Stay Providers (Various Local Players) | 36% |
Market Concentration, 2025 | Assessment |
---|---|
High (more than 60% by top players) | Low |
Medium (40 to 60% by top 10 players) | High |
Low (less than 30% by top players) | Low |
Luxury extended stay hotels continue to generate substantial revenue by offering premium accommodations, exclusive services, and strategic locations that attract high-net-worth individuals, corporate executives, expatriates, and long-term business travelers.
AKA Hotels & Hotel Residences leads the luxury extended stay segment, earning significant revenue from properties in high-demand cities like New York, Los Angeles, and London. Their AKA Central Park location in Manhattan consistently attracts business leaders and affluent travelers seeking extended accommodations with spacious suites, high-end concierge services, and in-residence wellness programs.
Fraser Suites, another key player, generates strong revenue from properties in financial hubs such as Singapore, Dubai, and Paris. Fraser Suites Singapore, for example, capitalizes on demand from expatriates and long-term corporate guests working in multinational companies. The hotel offers fully serviced luxury apartments with personalized business services, gourmet dining, and premium recreational facilities.
Marriott’s The Ritz-Carlton Residences dominates the ultra-luxury extended stay category by combining five-star hotel services with residential-style living. The Ritz-Carlton Residences in Miami Beach attracts wealthy clientele who prefer long-term stays in spacious waterfront apartments, featuring private chefs, luxury spa services, and personalized concierge assistance.
Four Seasons Private Residences generates substantial revenue from locations in Bangkok, London, and Beverly Hills, where international executives and high-profile guests choose long-term stays for their privacy, security, and world-class amenities. The Four Seasons Residences Bangkok particularly benefits from demand among diplomats and multinational CEOs, offering premium business services and luxury wellness facilities.
These hotels succeed by targeting high-spending travelers who prioritize privacy, exclusivity, and premium services. Their ability to offer residential-style luxury with five-star amenities ensures consistent high occupancy rates and strong financial performance in the extended stay segment.
Extended stay hotels catering to corporate professionals generate substantial revenue by offering long-term accommodations with business-friendly amenities, strategic locations, and flexible pricing. These hotels attract consultants, executives, and remote workers who need comfortable, well-equipped spaces for weeks or months at a time.
Residence Inn by Marriott leads this segment, earning strong revenue from corporate travelers in major business hubs like New York, Chicago, and San Francisco. For example, Residence Inn San Francisco Airport Millbrae Station sees high occupancy from technology professionals working in Silicon Valley. With full kitchens, workspace-friendly suites, and proximity to corporate offices, the property remains a preferred choice for long-term stays.
Hyatt House also captures significant revenue by targeting professionals in industries such as finance and healthcare. Hyatt House Houston Medical Center attracts medical professionals on temporary assignments and business travelers visiting the Texas Medical Center, the world's largest medical complex. The hotel’s extended stay perks, including complimentary breakfast, 24/7 business centers, and in-room workspaces, make it ideal for corporate guests.
Staybridge Suites by IHG thrives in cities with growing corporate markets like Austin, Denver, and Toronto. Staybridge Suites Austin Airport generates high revenue from business professionals in the tech industry, particularly those relocating or on extended projects with companies like Dell and IBM. The hotel offers home-like amenities, including social evening receptions, making it attractive for long stays.
Element by Westin, known for its eco-conscious extended stay model, attracts corporate travelers in sustainability-driven industries. Element Boston Seaport District sees consistent bookings from executives in clean energy and biotech, offering apartment-style accommodations with green initiatives such as energy-efficient rooms and healthy food options.
These hotels succeed by offering extended stay solutions tailored to corporate professionals, integrating comfort, convenience, and proximity to major business centers. Their ability to meet business travelers’ evolving needs ensures steady revenue growth in the extended stay sector.
Hotel Brand | Key Revenue Sources & Locations |
---|---|
Residence Inn by Marriott | Generates strong revenue from corporate travelers in business hubs like New York, Chicago, and San Francisco. Example: Residence Inn San Francisco Airport Millbrae Station sees high occupancy from tech professionals in Silicon Valley. |
Hyatt House | Captures significant revenue from finance and healthcare professionals. Example: Hyatt House Houston Medical Center attracts medical professionals on assignments at the Texas Medical Center. |
Staybridge Suites by IHG | Thrives in corporate markets such as Austin, Denver, and Toronto. Example: Staybridge Suites Austin Airport earns high revenue from tech professionals working at Dell and IBM. |
Element by Westin | Appeals to corporate travelers in sustainability-driven industries. Example: Element Boston Seaport District consistently books executives in clean energy and biotech. |
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2024 marked a pivotal year for the extended stay hotel market as major players expanded their portfolios, introduced new services, and responded to shifting traveler demands.
Company | Key Initiatives |
---|---|
Intrepid Travel | Strong focus on indigenous tourism partnerships; B-Corp certified; committed to doubling female tour leaders by 2025; investing in community-based tourism projects; removed elephant rides from all itineraries; emphasis on local accommodation and transportation. |
G Adventures | "Ripple Score" transparency initiative measuring local spending impact; Planeterra Foundation supporting community tourism; G Values Fund for social enterprises; commitment to animal welfare policies; National Geographic partnership programs; local transportation and accommodation focus. |
Abercrombie & Kent | Philanthropic arm A&K Philanthropy supporting 40+ projects worldwide; luxury conservation-focused safaris; climate action initiatives in destinations; cultural preservation projects; sustainable luxury travel development; local artisan support programs; educational travel initiatives. |
Lindblad Expeditions | Partner with National Geographic in scientific research; zero single-use plastics commitment; carbon offsetting program; marine conservation initiatives; sustainable seafood program; citizen science projects; support local conservation efforts in destinations visited. |
Overseas Adventure Travel (O.A.T.) | Small group size policy (max 16 travelers); Learning and Discovery initiatives; strong focus on solo traveler programs; cultural immersion experiences; Grand Circle Foundation supporting education projects; local guide training programs. |
Exodus Travels | "People, Places & Planet" sustainability plan; Mountain Lioness Scholarship program; carbon reduction strategy; plastic reduction initiative; community-based tourism development; wildlife protection programs; local guide training and development. |
Trafalgar Tours | "Make Travel Matter" sustainability initiative; TreadRight Foundation projects; sustainable food programs; cultural heritage preservation; local artisan support; reduced printed materials policy; electric coach testing program. |
Contiki | "Contiki Cares" sustainability program; carbon offset initiatives; partnership with Ocean Cleanup; vegan-friendly travel options; sustainable accommodation partnerships; reduction of single-use plastics; youth environmental education programs. |
Tauck | World Cities program supporting cultural preservation; plastic elimination initiatives; partnership with Ken Burns for historical tourism; sustainable luxury travel development; charitable foundation supporting education; local community support programs. |
Artisans of Leisure | Ultra-customized luxury sustainable travel; artisan support programs; cultural heritage preservation initiatives; sustainable luxury accommodations focus; local expert partnerships; authentic cultural experience development; responsible tourism practices. |
Big Red Group | Digital transformation of experience tourism; sustainability initiatives across brands; local experience provider support; technology innovation in tourism; focus on domestic tourism development; small business partnership programs. |
Wilderness Ireland | Leave No Trace principles implementation; local community partnerships; sustainable adventure tourism development; cultural heritage preservation; local guide training programs; environmental conservation initiatives; responsible tourism certification. |
Active Riding Trips | Sustainable equestrian tourism development; local stable partnerships; animal welfare initiatives; cultural heritage preservation through horseback experiences; environmental conservation programs; support for local riding communities; responsible horse tourism practices. |
Key players like Marriott, Hilton, and IHG collectively control about 19% of the market, leading in corporate and long-term business travel accommodations.
Mid-range brands, including Choice Hotels, Wyndham, Accor, hold around 25% of the market, attracting business travelers, relocating families, and medical tourists looking for affordable yet comfortable extended stays.
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