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NJ New Jersey, USA -- (SBWire) -- 10/17/2023 --Latest Study on Industrial Growth of Worldwide Extended Stay Hotel Market 2023-2028. A detailed study accumulated to offer Latest insights about acute features of the Worldwide Extended Stay Hotel market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

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The Major Players Covered in Extended Stay Hotel Market Report: 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)

Scope of the Report of Extended Stay Hotel:
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

Opportunities:
Easy Availability of Online Bookings are Boosting the Market Growth
Increasing Promotional Activities

Market Drivers:
Cost Effective Apartments are fueling the Market Growth
Availability of Facilities Such as Laundry, Cleaning, Washing and Kitchen Facilities which Provides Homely Feeling

Challenges:
Extra Pay for Keeping Pets and Kitchen Utensils
Unavailability in Small Towns and Remote Locations

What can be explored with the Extended Stay Hotel Market Study?
- Gain Market Understanding
- Identify Growth Opportunities
- Analyze and Measure the Global Extended Stay Hotel Market by Identifying Investment across various Industry Verticals
- Understand the Trends that will drive Future Changes in Extended Stay Hotel
- Understand the Competitive Scenarios
- Track Right Markets
- Identify the Right Verticals

The titled segments and sub-section of the Extended Stay Hotel market are illuminated below:
by Type (Economic, Middle, Luxury), Application (Travelers, Business Customers, Trainers and Trainees, Government and Army Staff, Others), Stay duration (Weekly, Long term)

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Regional Analysis for Worldwide Extended Stay Hotel Market:
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (U.S., Canada, and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, UAE, South Africa)

Strategic Points Covered in Table of Content of Global Extended Stay Hotel Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Extended Stay Hotel market
Chapter 2: Exclusive Summary and the basic information of the Extended Stay Hotel Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Extended Stay Hotel
Chapter 4: Presenting the Extended Stay Hotel Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2017-2022
Chapter 6: Evaluating the leading manufacturers of the Extended Stay Hotel market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2023-2028)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Extended Stay Hotel Market is a valuable source of guidance for individuals and companies.

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