The hotel market for extended stays is growing noticeably

Currently, the largest players in this market are Hilton Worldwide, Hyatt Hotel, Choice Hotels International, Intercontinental Hotels Group, Marriott International, Wyndham Hotel Group, Holiday Inn, Extended Stay America, Candlewood Suits and Oyo Rooms.

21. October 2022.
The extended stay hotel market is valued at US$48.60 billion this year, with a CAGR of 19,60% for the period 2022 to 2032. The tourism industry has been flourishing and progressing for a whole decade, and accommodation is one of the important factors in it. Parallel to the growth in the number of participants in tourism, the shortage in the offer of tourist accommodation is also growing. Therefore, the hotel...
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21. October 2022.