The Highland Group Reports

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
• 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 25,000 statistics across the 50 largest US hotel markets (1). For the years 2020 – 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.