Description
Key highlights of the report include:
Room revenues from extended-stay guests were 19% higher in traditional hotels compared to extended-stay hotels in 2024
Extended-stay demand at extended-stay hotels gained more than 27 million room nights at a 5.5% compound annual average from 2015 to 2024
Traditional hotels lost 5.6 million extended-stay room nights from 2015 to 2019 but gained 6.5 million from 2019 to 2024
Traditional hotels accommodated more extended-stay demand than extended-stay hotels in 6 MSAs and greater than 500,000 extended-stay room nights in 20 MSAs in 2024
National average extended-stay demand share (ESOC) is 50% in extended-stay hotels and 12% in traditional hotels
National average length of stay (ALOS) for extended-stay guests is 24 nights in extended-stay hotels and 13 nights in traditional hotels
Extended-stay hotels report an overall 23% rate discount compared to traditional hotels for guests staying 7 consecutive nights or longer
Booking lead time for extended-stays in traditional hotels averages 20 nights compared to 18 nights in extended-stay hotels
Average reservation (booking) costs for extended-stays are 17% lower for extended-stay hotels than for traditional hotels
The report contains approximately 50,000 statistics across the 50 largest US hotel markets (1). For the years 2020 – 2024 or expanded to 2015 – 2024 and segmented into 7+, 7-29 and 30+ night lengths of stay in both extended-stay and traditional hotels, the reports include:
Analysis of the pre and post pandemic periods (2015 – 2024 version only)
Extended-stay room revenues
Extended-stay room night demand
Extended-stay room night demand ratios
Extended-stay demand share (ESOC)
Extended-stay average length of stay (ALOS)
Extended-stay ADR by length of stay
Extended-stay booking leading time
Extended-stay booking (reservation) costs
Note: (1) Based on total hotel rooms excluding Atlantic City, Honolulu, Las Vegas, Myrtle Beach and Orlando
Please note the report is copyright protected and distribution of the report outside of your company in electronic or printed form is prohibited.
©2025 The Highland Group. ©2025 Kalibri Labs. All rights reserved. Confidential and proprietary subject to license – do not reproduce or disclose. This report is intended for viewing by clients only and may not be distributed to or viewed by others or reproduced for distribution in any form.
