The Extended Stay Hotel Market grew from USD 30.67 billion in 2024 to USD 33.46 billion in 2025 and is expected to reach USD 52.46 billion by 2030.
This is driven by technological advances and an increasing overlap between transient business needs and leisure travel leading to multifunctional workspaces and areas that foster social interaction.
The report from ResearchAndMarkets.com mentions brands including several global ASAP Members contributing to a dynamic marketplace, pushing the industry towards continuous innovation and unparalleled customer satisfaction.