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Global Extended Stay Hotel Market Size study with COVID-19 impact, by Type (Economic Type Extended Stay Hotel, Middle Type Extended Stay Hotel, Luxury Type Extended Stay Hotel), by Application (Travelers, Business Customers, Trainers & Trainees, Others) and Regional Forecasts 2020-2026

  • BIZ3860664
  • 200 Pages
  • May 2020
  • Machines
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Global Extended Stay Hotel Market is valued approximately USD XXX million in 2019 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2020-2026. Extended stay hotel is a type of service apartment complex which uses a hotel-style booking system. Extended stay hotel is comparable to renting an apartment, but with no stable contracts and occupants can leave whenever they want. The idea behind the extended stay hotels is to make sure hassle-free walkouts for the tenants. The idea of extended stay hotel first evolved in holiday destinations as an accessibility for families that needed to live in an apartment rather than staying in a lodge. These hotels usually provide fully fitted condos such as laundry, washing and most notably kitchen facilities, which gives a comfortable feeling to the occupants. These hotels are ordinarily custom designed, and it consist of different apartments. The extent of the stay in these hotels varies from a couple of days to months or even years. Growing tourism industry, along with rising disposable income of individual are the few factors responsible for high CAGR of the market over the forecast period. As per the World Tourism Organization is the United Nations (UNWTO), in 2018, there were around 1.4 billion international tourists arrived around the world, an increase of almost 7.69% from 2017 which holds nearly 1.3 billion international tourist arrival. This, in turn, is expected to accelerate the need for extended stay hotel, thus contributing to the growth of the global market. However, in the recent year, the world is facing the crisis of COVID-19 pandemic and several countries put lockdown to prevent the spread of this infectious disease. Due to this reason, the number of international tourist arrivals is declining thereby, the need for extended stay hotel will decrease as well. Moreover, unavailability of extended stay hotels in remote locations or small towns is also the major factors limiting the market growth over the forecast period of 2020-2026.

The regional analysis of global Extended Stay Hotel market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the large presence of extended stay hotels and increasing number of international tourist arrivals in the region. Whereas, Europe is anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026.

Major market player included in this report are:

Hilton Worldwide

Hyatt Hotel

Choice Hotels International

InterContinental Hotels Group (IHG)

Marriot International

Wyndham Hotel Group

Holiday Inn

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Economic Type Extended Stay Hotel

Middle Type Extended Stay Hotel

Luxury Type Extended Stay Hotel

By Application:

Travelers

Business Customers

Trainers & Trainees

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

Asia Pacific

China

India

Japan

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017, 2018

Base year – 2019

Forecast period – 2020 to 2026

Target Audience of the Global Extended Stay Hotel Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

TABLE OF CONTENTS

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Million)

1.2.1. Extended Stay Hotel Market, by Region, 2018-2026 (USD Million)

1.2.2. Extended Stay Hotel Market, by Type, 2018-2026 (USD Million)

1.2.3. Extended Stay Hotel Market, by Application, 2018-2026 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Extended Stay Hotel Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Extended Stay Hotel Market Dynamics

3.1. Extended Stay Hotel Market Impact Analysis (2018-2026)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

Chapter 4. Global Extended Stay Hotel Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Extended Stay Hotel Market, by Type

5.1. Market Snapshot

5.2. Global Extended Stay Hotel Market by Type, Performance - Potential Analysis

5.3. Global Extended Stay Hotel Market Estimates & Forecasts by Type 2016-2026 (USD Million)

5.4. Extended Stay Hotel Market, Sub Segment Analysis

5.4.1. Economic Type Extended Stay Hotel

5.4.2. Middle Type Extended Stay Hotel

5.4.3. Luxury Type Extended Stay Hotel

Chapter 6. Global Extended Stay Hotel Market, by Application

6.1. Market Snapshot

6.2. Global Extended Stay Hotel Market by Application, Performance - Potential Analysis

6.3. Global Extended Stay Hotel Market Estimates & Forecasts by Application 2016-2026 (USD Million)

6.4. Extended Stay Hotel Market, Sub Segment Analysis

6.4.1. Travelers

6.4.2. Business Customers

6.4.3. Trainers & Trainees

6.4.4. Others

Chapter 7. Global Extended Stay Hotel Market, Regional Analysis

7.1. Extended Stay Hotel Market, Regional Market Snapshot

7.2. North America Extended Stay Hotel Market

7.2.1. U.S. Extended Stay Hotel Market

7.2.1.1. Type breakdown estimates & forecasts, 2016-2026

7.2.1.2. Application breakdown estimates & forecasts, 2016-2026

7.2.2. Canada Extended Stay Hotel Market

7.3. Europe Extended Stay Hotel Market Snapshot

7.3.1. U.K. Extended Stay Hotel Market

7.3.2. Germany Extended Stay Hotel Market

7.3.3. Rest of Europe Extended Stay Hotel Market

7.4. Asia-Pacific Extended Stay Hotel Market Snapshot

7.4.1. China Extended Stay Hotel Market

7.4.2. India Extended Stay Hotel Market

7.4.3. Japan Extended Stay Hotel Market

7.4.4. Rest of Asia Pacific Extended Stay Hotel Market

7.5. Latin America Extended Stay Hotel Market Snapshot

7.5.1. Brazil Extended Stay Hotel Market

7.5.2. Mexico Extended Stay Hotel Market

7.6. Rest of The World Extended Stay Hotel Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. Hilton Worldwide

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Product Summary

8.2.1.5. Recent Developments

8.2.2. Hyatt Hotel

8.2.3. Choice Hotels International

8.2.4. InterContinental Hotels Group (IHG)

8.2.5. Marriot International

8.2.6. Wyndham Hotel Group

8.2.7. Holiday Inn

Chapter 9. Research Process

9.1. Research Process

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

List of Tables

TABLE 1. LIST OF SECONDARY SOURCES, USED IN THE STUDY OF GLOBAL EXTENDED STAY HOTEL MARKET

TABLE 2. LIST OF PRIMARY SOURCES, USED IN THE STUDY OF GLOBAL EXTENDED STAY HOTEL MARKET

TABLE 3. GLOBAL EXTENDED STAY HOTEL MARKET, REPORT SCOPE

TABLE 4. YEARS CONSIDERED FOR THE STUDY

TABLE 5. EXCHANGE RATES CONSIDERED

TABLE 6. GLOBAL EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY REGION 2016-2026 (USD MILLION)

TABLE 7. GLOBAL EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY TYPE 2016-2026 (USD MILLION)

TABLE 8. GLOBAL EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY APPLICATION 2016-2026 (USD MILLION)

TABLE 9. GLOBAL EXTENDED STAY HOTEL MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)

TABLE 10. GLOBAL EXTENDED STAY HOTEL MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)

TABLE 11. GLOBAL EXTENDED STAY HOTEL MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)

TABLE 12. GLOBAL EXTENDED STAY HOTEL MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)

TABLE 13. GLOBAL EXTENDED STAY HOTEL MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)

TABLE 14. GLOBAL EXTENDED STAY HOTEL MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)

TABLE 15. GLOBAL EXTENDED STAY HOTEL MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)

TABLE 16. GLOBAL EXTENDED STAY HOTEL MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)

TABLE 17. GLOBAL EXTENDED STAY HOTEL MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)

TABLE 18. GLOBAL EXTENDED STAY HOTEL MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)

TABLE 19. U.S. EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)

TABLE 20. U.S. EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 21. U.S. EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 22. CANADA EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)

TABLE 23. CANADA EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 24. CANADA EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 25. UK EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)

TABLE 26. UK EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 27. UK EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 28. GERMANY EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)

TABLE 29. GERMANY EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 30. GERMANY EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 31. ROE EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)

TABLE 32. ROE EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 33. ROE EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 34. CHINA EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)

TABLE 35. CHINA EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 36. CHINA EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 37. INDIA EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)

TABLE 38. INDIA EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 39. INDIA EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 40. JAPAN EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)

TABLE 41. JAPAN EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 42. JAPAN EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 43. ROAPAC EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)

TABLE 44. ROAPAC EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 45. ROAPAC EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 46. BRAZIL EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)

TABLE 47. BRAZIL EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 48. BRAZIL EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 49. MEXICO EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)

TABLE 50. MEXICO EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 51. MEXICO EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 52. ROLA EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)

TABLE 53. ROLA EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 54. ROLA EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 55. ROW EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS, 2016-2026 (USD MILLION)

TABLE 56. ROW EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

TABLE 57. ROW EXTENDED STAY HOTEL MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)

 
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