Europe Extended Stay Hotel Market Size, Share, By Type (Economic Type Extended Stay Hotel, Middle Type Extended Stay Hotel, and Luxury Type Extended Stay Hotel), By Application (Travelers, Business Customers, Trainers & Trainees, and Government & Army Staff) and By Country (UK, Germany, France, Russia, Italy and Rest of Europe) - Trends, Analysis and Forecast till 2034

Europe Extended Stay Hotel Market Size was valued at USD 16.66 Billion in 2024 and is projected to grow at a CAGR of 12.2% to reach USD 47.95 Billion by 2034.

The Europe extended-stay hotel market is witnessing significant growth, driven by evolving travel preferences, changing work dynamics, and increasing demand for long-term accommodation options. Extended-stay hotels cater to a diverse range of travelers, including business professionals, expatriates, families, and leisure tourists, offering a blend of hotel services and the comforts of home. This market segment has gained momentum recently as travelers seek flexible and cost-effective lodging solutions for extended stays, reflecting shifting lifestyle trends and evolving consumer preferences across Europe.

Key Drivers of Target Market:

Rise of Remote Work and Flexible Work Arrangements

One of the primary drivers of the Europe extended-stay hotel market is the rise of remote work and flexible work arrangements. With technological advancements and changing workplace dynamics, many professionals opt for remote work setups or hybrid work models. Extended-stay hotels offer an ideal solution for remote workers and digital nomads seeking temporary housing options that provide a conducive environment for work and leisure. These hotels typically offer amenities such as high-speed internet, dedicated workspaces, and flexible check-in/check-out policies, catering to modern professionals looking for flexibility and convenience in their accommodations.

Growing Demand for Long-Term Accommodation Solutions

Another significant driver of the Europe extended stay hotel market is the growing demand for long-term accommodation solutions among various traveler segments. Expatriates, corporate travelers, and families on extended vacations increasingly seek comfortable and affordable lodging options that offer the convenience of hotel services combined with the comforts of home. Extended stay hotels provide spacious suites or apartments with kitchen facilities, laundry services, and other amenities, making them an attractive choice for travelers planning extended stays. The rise of experiential travel and the desire for immersive cultural experiences have fueled the demand for extended stay options, especially in popular tourist destinations across Europe.

Restrains:

Regulatory Compliance and Operational Challenges

Despite the positive growth outlook, the Europe extended stay hotel market faces regulatory compliance and operational challenges that may impede its expansion. Compliance with local regulations, including zoning laws, building codes, and licensing requirements, can vary across European countries and regions, posing market entry and expansion challenges. Additionally, operational challenges such as high real estate costs, labor shortages, and seasonality factors can impact the profitability and sustainability of extended-stay hotel operations. Moreover, navigating cultural differences and language barriers across diverse European markets requires careful planning and adaptation of service standards to meet the expectations of travelers from different backgrounds and preferences. To thrive in the competitive European hospitality landscape, extended-stay hotel operators need to develop strategic partnerships, streamline operations, and tailor their offerings to cater to the unique needs of each market segment and geographic region.

The market is segmented based on Type, Application and Country.

Europe Extended Stay Hotel Market Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2023 to 2034. For the purpose of this study, has segmented the Extended Stay Hotel Market report based on Type, Application, and Country:

Segmentation:

By Type:

• Economic Type Extended Stay Hotel
• Middle Type Extended Stay Hotel
• Luxury Type Extended Stay Hotel

By Application:

• Travelers
• Business Customers
• Trainers & Trainees
• Government & Army Staff

By Country:

• UK
• Germany
• France
• Russia
• Italy
• Rest of Europe

The key players operating the Europe Extended Stay Hotel Market include SONESTA INTERNATIONAL HOTELS CORPORATION, Mandarin Oriental, Inc., Mont’Kiara, HILTON HOTELS & RESORTS, IHG Hotels & Resorts, Hyatt Hotels, MARRIOTT INTERNATIONAL, StayAPT Suites.

• SONESTA INTERNATIONAL HOTELS CORPORATION, Inc. *
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Mandarin Oriental, Inc.
• Mont’Kiara  
• HILTON HOTELS & RESORTS
• IHG Hotels & Resorts, Ltd.
• Hyatt Hotels  
• MARRIOTT INTERNATIONAL, INC.
• StayAPT Suites      

“*” marked represents similar segmentation in other categories in the respective section.

1. Research Objective and Assumption
   • Research Objectives
   • Assumptions
   • Abbreviations
2. Market Preview
   • Report Description
     • Market Definition and Scope
   • Executive Summary
     • Market Snippet, By Type
     • Market Snippet, By Application
     • Market Snippet, By Country
   • Opportunity Map Analysis
3. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     • Drivers
     • Restraints
     • Market Opportunities
   • Market Trends
   • Product Launch
   • Merger and Acquisitions
   • Impact Analysis
   • PEST Analysis
   • Porter’s Analysis
4. Market Segmentation, By Type, Forecast Period Forecast Period up to 10 Years, (US$ Bn)
   • Overview
     • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
     • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
     • Segment Trends
   • Economic Type Extended Stay Hotel
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
   • Middle Type Extended Stay Hotel
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
   • Luxury Type Extended Stay Hotel
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
5. Market Segmentation, Application, Forecast Period Forecast Period up to 10 Years, (US$ Bn)
   • Overview
     • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
     • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
     • Segment Trends
   • Travelers
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
   • Business Customers
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
   • Trainers & Trainees
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
   • Government & Army Staff
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
6. Market Segmentation, By Country, Forecast Period Forecast Period up to 10 Years, (US$ Bn)
   • Overview
     • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
     • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
     • Regional Trends
   • Europe
     • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
     • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
     • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
       • UK
       • Germany
       • France
       • Russia
       • Italy
       • Rest of Europe
7. Competitive Landscape

• Heat Map Analysis
• Company Profiles
• SONESTA INTERNATIONAL HOTELS CORPORATION
• Mandarin Oriental, Inc.
• Mont’Kiara  
• HILTON HOTELS & RESORTS
• IHG Hotels & Resorts, Ltd.
• Hyatt Hotels  
• MARRIOTT INTERNATIONAL, Inc.
• StayAPT Suites

The Last Word

• Future Impact
• About Us
• Contact