Middle East & Africa Extended Stay Hotel Market Size & Outlook
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MEA extended stay hotel market highlights
- The MEA extended stay hotel market generated a revenue of USD 2.0 billion in 2024.
- The market is expected to grow at a CAGR of 5.9% from 2025 to 2030.
- In terms of segment, luxury/upscale was the largest revenue generating type in 2024.
- Economy is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 2.0 billion |
| Market revenue in 2030 | USD 2.9 billion |
| Growth rate | 5.9% (CAGR from 2025 to 2030) |
| Largest segment | Luxury/upscale |
| Fastest growing segment | Economy |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Economy, Mid-Range, Luxury/Upscale |
| Key market players worldwide | Marriott International Inc Class A, Hilton Worldwide Holdings Inc, Hyatt Hotels Corporation, InterContinental Hotels Group PLC ADR, Accor SA, Wyndham Hotels & Resorts Inc Ordinary Shares |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.5% of the global extended stay hotel market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 18.7 billion by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Extended Stay Hotel Market Scope
Extended Stay Hotel Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hyatt Hotels Corporation | View profile | 10001+ | New York, New York, United States, North America | https://www.hyatt.com/ |
| InterContinental Hotels Group PLC ADR | View profile | 13462 | 1 Windsor Dials, Arthur Road, Windsor, Berkshire, United Kingdom, SL4 1RS | https://www.ihgplc.com |
| Accor SA | View profile | 223279 | 82, Rue Henri Farman, Tour Sequana, Issy-les-Moulineaux, Paris, France, 92130 | https://group.accor.com |
| Hilton Worldwide Holdings Inc | View profile | 178000 | 7930 Jones Branch Drive, Suite 1100, McLean, VA, United States, 22102 | https://www.hilton.com |
| Wyndham Hotels & Resorts Inc Ordinary Shares | View profile | 2300 | 22 Sylvan Way, Parsippany, NJ, United States, 07054 | https://www.wyndhamhotels.com |
| Marriott International Inc Class A | View profile | 411000 | 7750 Wisconsin Avenue, Bethesda, MD, United States, 20814 | https://www.marriott.com |
Middle East & Africa 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.
Luxury/upscale was the largest segment with a revenue share of 45% in 2024. Horizon Databook has segmented the Middle East & Africa extended stay hotel market based on economy, mid-range, luxury/upscale covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of extended stay hotel market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa extended stay hotel market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa extended stay hotel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA extended stay hotel market size, by country, 2018-2030 (US$B)
Middle East & Africa Extended Stay Hotel Market Outlook Share, 2024 & 2030 (US$B)
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