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The Highland Group Reports

US Extended-Stay Hotels Bulletin: December 2023

Extended-Stay Hotel – A hotel with a fully equipped kitchenette in each guest room, which accepts reservations and does
not require a lease.
The database used in the estimates and projections in this report included the extended-stay brands in the table
following. There are independent extended-stay hotels that were not included, but the sample represents the great
majority of extended-stay rooms in the US. Estimates are based on all hotels in each brand or company. Changes from
period to period are not based on same store data. Therefore, the statistics in this report can differ slightly from other
sources of this information including company financial reports.
Price segments reflect a $60 spread in average daily rates between the segments. The segments are for comparison
only. There is a significant difference in clientele and other characteristics among hotels within the ranges.

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