Global Extended Stay Hotel Market Size & Outlook

The extended stay hotel industry worldwide is expected to reach a projected revenue of US$ 98.8 billion by 2030. A compound annual growth rate of 9.8% is expected of the worldwide extended stay hotel industry from 2027 to 2030.
Revenue, 2026 (US$B)
$68.3
Forecast, 2030 (US$B)
$98.8
CAGR, 2027 - 2030
9.8%
Report Coverage
Worldwide

Global extended stay hotel market, 2018-2030 (US$B)

Global extended stay hotel market highlights

  • The global extended stay hotel market generated a revenue of USD 53,244.5 million in 2023 and is expected to reach USD 98,795.5 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 9.2% by 2030.
  • In terms of segment, economy accounted for a revenue of USD 53,244.5 million in 2023.
  • Economy is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 53,244.5 million
Market revenue in 2030USD 98,795.5 million
Growth rate9.2% (CAGR from 2023 to 2030)
Largest segmentEconomy
Fastest growing segmentEconomy
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationEconomy

Other key industry trends

  • In terms of revenue, the North America accounted for 51.4% of the global extended stay hotel market in 2023.

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Extended Stay Hotel Market Scope

Extended stay hotel market segmentation & scope
Countries
U.S.
Canada
Mexico
Brazil
China
India
Japan
South Korea
South Africa
UK
Germany
France
Italy
Spain
ANZ

Extended Stay Hotel Market Companies

Name Profile # Employees HQ Website

Global extended stay hotel market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to extended stay hotel market will help companies and investors design strategic landscapes.


Economy was the largest segment with a revenue share of 100% in 2026. Horizon Databook has segmented the Global extended stay hotel market based on economy covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Extended Stay Hotel Type Outlook (Revenue, USD Billion, 2018-2030)
    • Economy
    • Mid-Range
    • Luxury/Upscale
  • Global Extended Stay Hotel Tourist Type Outlook (Revenue, USD Billion, 2018-2030)
    • Domestic
    • International
  • Global Extended Stay Hotel Booking Mode Outlook (Revenue, USD Billion, 2018-2030)
    • Direct Booking
    • Online Travel Agencies (OTAs)
    • Marketplace Booking

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Horizon Databook provides a detailed overview of global-level data and insights on the Global extended stay hotel market , including forecasts for subscribers. This global databook contains high-level insights into Global extended stay hotel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global extended stay hotel market size, by regions, 2018-2030 (US$B)

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