Press release
Extended Stay Hotel Market is Going to Boom | Major Giants Hilton Worldwide, Holiday Inn, Marriot, Hyatt, OYO Rooms
Extended Stay Hotel Market
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)
Download Sample Report PDF (Including Full TOC, Table & Figures) @ https://www.htfmarketintelligence.com/sample-report/india-extended-stay-hotel-market
According to HTF Market Intelligence, the Global Extended Stay Hotel market to witness a CAGR of 5.59% during forecast period of 2023-2029. The market is segmented by Application (Travelers, Business Customers, Trainers and Trainees, Government and Army Staff, Others) and by Type (Economic, Middle, Luxury, ).The Extended Stay Hotel market size is estimated to increase by USD 67.90 Million at a CAGR of 5.59% from 2023 to 2029. The report includes historic market data from 2019 to 2023E. Currently, market value is pegged at USD 176.30 Million.
Definition:
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 Provide Homely Feeling
Market Opportunities:
• Easy Availability of Online Bookings Boosting the Market Growth
• Increasing Promotional Activities
Major Highlights of the Extended Stay Hotel Market report released by HTF MI:
Market Breakdown by Application (Travelers, Business Customers, Trainers and Trainees, Government and Army Staff, Others) and by Type (Economic, Middle, Luxury, )
Global Extended Stay Hotel market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
Buy Complete Assessment of Extended Stay Hotel market Now @ https://www.htfmarketintelligence.com/buy-now?format=3&report=301
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• 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).
Objectives of the Report:
• -To carefully analyze and forecast the size of the Extended Stay Hotel market by value and volume.
• -To estimate the market shares of major segments of the Extended Stay Hotel market.
• -To showcase the development of the Extended Stay Hotel market in different parts of the world.
• -To analyze and study micro-markets in terms of their contributions to the Extended Stay Hotel market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of the Extended Stay Hotel market.
• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Extended Stay Hotel market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
Have a query? Market an enquiry before purchase @ https://www.htfmarketintelligence.com/enquiry-before-buy/india-extended-stay-hotel-market
Points Covered in Table of Content of Global Extended Stay Hotel Market:
Chapter 01 - Extended Stay Hotel Executive Summary
Chapter 02 - Market Overview
Chapter 03 - Key Success Factors
Chapter 04 - Global Extended Stay Hotel Market - Pricing Analysis
Chapter 05 - Global Extended Stay Hotel Market Background
Chapter 06 - Global Extended Stay Hotel Market Segmentation
Chapter 07 - Key and Emerging Countries Analysis in Global Extended Stay Hotel Market
Chapter 08 - Global Extended Stay Hotel Market Structure Analysis
Chapter 09 - Global Extended Stay Hotel Market Competitive Analysis
Chapter 10 - Assumptions and Acronyms
Chapter 11 - Extended Stay Hotel Market Research Methodology
Browse Complete Summary and Table of Content @ https://www.htfmarketintelligence.com/report/india-extended-stay-hotel-market
Key questions answered:
• How feasible is Extended Stay Hotel market for long-term investment?
• What are influencing factors driving the demand for Extended Stay Hotel near future?
• What is the impact analysis of various factors in the Global Extended Stay Hotel market growth?
• What are the recent trends in the regional market and how successful they are?
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, or Southeast Asia.
Contact Us:
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 434 322 0091
sales@htfmarketintelligence.com
Connect with us at LinkedIn | Facebook | Twitter
About Author:
HTF Market Intelligence consulting is uniquely positioned empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist in decision making.
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