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Extended Stay Hotel Market to Witness Massive Growth by Holiday Inn, Marriot, Hyatt

Extended Stay Hotel Comprehensive Study by Type (Economic, Middle, Luxury), Application (Travelers, Business Customers, Trainers and Trainees, Government and Army Staff, Others), Stay duration (Weekly, Long term) Players and Region - Global Market Outlook to 2025
Published 01 March 2021
The Global Extended Stay Hotel Market has witnessed continuous growth in the past few years and may grow further during the forecast period (2020-2025).
Extended Stay Hotel Market Comprehensive Study is an expert and top to bottom investigation on the momentum condition of the worldwide Extended Stay Hotel industry with an attention on the Global market. The report gives key insights available status of the Extended Stay Hotel producers and is an important wellspring of direction and course for organizations and people keen on the business. By and large, the report gives an inside and out understanding of 2020-2025 worldwide Extended Stay Hotel Market covering extremely significant parameters.

Key Players in This Report Include,
Hilton Worldwide (United States),Choice Hotels International (United States),InterContinental Hotels Group (United Kingdom),Holiday Inn (United States),Marriot (United States),Hyatt (United States),Wyndham Hotel Group (United States),Extended Stay America (United States),Candlewood Suites (United States),OYO Rooms (India)

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Brief Summary of Extended Stay Hotel:
Extended stay hotel are the hotels where the tourists can book an accommodation for 5 days or more. It offers limited to no food and beverage facilities or meeting space. It is just like renting an apartment with no fixed contract. These hotels are available in holiday destinations where tourists wanted to live in apartment rather than a lodge. The apartments are then developed into the homes where the inhabitants can cook, clean and wash. Further, the building comprise of individual guestrooms, flats or rental units. Hence, these hotels are fitted with the facility like a normal home.

Market Trends:
  • Increasing Demand of Healthy and Green Options from Guests
  • Introduction of Flexible Spaces Such as Outdoor Kitchen
Market Drivers:
  • Cost Effective Apartments are fueling the Market Growth
  • Availability of Facilities Such as Laundry, Cleaning, Washing and Kitchen Facilities which Provides Homely Feeling
Market Restraints:
  • Travel restrictions due to COVID 19 have affected the extended stay hotel market negatively. Due to the lockdown, the online bookings are not being done and hence, affecting the revenue.
The Global Extended Stay Hotel Market segments and Market Data Break Down are illuminated below:
by Type (Economic, Middle, Luxury), Application (Travelers, Business Customers, Trainers and Trainees, Government and Army Staff, Others), Stay duration (Weekly, Long term)

This research report represents a 360-degree overview of the competitive landscape of the Global Extended Stay Hotel Market. Furthermore, it offers massive data relating to recent trends, technological, advancements, tools, and methodologies. The research report analyses the Global Extended Stay Hotel Market in a detailed and concise manner for better insights into the businesses.

Regions Covered in the Extended Stay Hotel Market:
  • The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
  • North America (United States, Mexico & Canada)
  • South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
  • Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
  • Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
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The research study has taken the help of graphical presentation techniques such as infographics, charts, tables, and pictures. It provides guidelines for both established players and new entrants in the Global Extended Stay Hotel Market.

The detailed elaboration of the Global Extended Stay Hotel Market has been provided by applying industry analysis techniques such as SWOT and Porter’s five-technique. Collectively, this research report offers a reliable evaluation of the global market to present the overall framework of businesses.

Attractions of the Extended Stay Hotel Market Report:
  • The report provides granular level information about the market size, regional market share, historic market (2014-2018) and forecast (2019-2025)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and start-up’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
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Key Points Covered in the Table of Content:
Chapter 1 to explain Introduction, market review, market risk and opportunities, market driving force, product scope of Extended Stay Hotel Market;
Chapter 2 to inspect the leading manufacturers (Cost Structure, Raw Material) with sales Analysis, revenue Analysis, and price Analysis of Extended Stay Hotel Market;
Chapter 3 to show the focused circumstance among the best producers, with deals, income, and Extended Stay Hotel market share 2020;
Chapter 4 to display the regional analysis of Global Extended Stay Hotel Market with revenue and sales of an industry, from 2020 to 2022;
Chapter 5, 6, 7 to analyse the key countries (United States, China, Europe, Japan, Korea & Taiwan), with sales, revenue and market share in key regions;
Chapter 8 and 9 to exhibit International and Regional Marketing Type Analysis, Supply Chain Analysis, Trade Type Analysis;
Chapter 10 and 11 to analyse the market by product type and application/end users (industry sales, share, and growth rate) from 2020 to 2026
Chapter 12 to show Extended Stay Hotel Market forecast by regions, forecast by type and forecast by application with revenue and sales, from 2020 to 2025;
Chapter 13, 14 & 15 to specify Research Findings and Conclusion, Appendix, methodology and data source of Extended Stay Hotel market buyers, merchants, dealers, sales channel.

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Extended Stay Hotel Market research provides answers to the following key questions:
  • What is the expected growth rate of the Extended Stay Hotel Market?
  • What will be the Extended Stay Hotel Market size for the forecast period, 2020 – 2026?
  • What are the main driving forces responsible for changing the Extended Stay Hotel Market trajectory?
  • Who are the big suppliers that dominate the Extended Stay Hotel Market across different regions? Which are their wins to stay ahead in the competition?
  • What are the Extended Stay Hotel Market trends business owners can rely upon in the coming years?
  • What are the threats and challenges expected to restrict the progress of the Extended Stay Hotel Market across different countries?
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