Extended stay hotels

Definition

Extended stay hotels are a type of lodging that combines the features of a hotel and an apartment, catering primarily to guests who require accommodations for longer periods, typically a week or more. These properties provide home-like amenities such as kitchen facilities, living areas, and often include services like laundry and housekeeping, making them ideal for business travelers, relocating individuals, or families in transition.

5 Must Know Facts For Your Next Test

1. Extended stay hotels typically offer discounted rates for longer stays, making them more economical for guests needing accommodations for weeks or months.
2. Many extended stay hotels include in-room kitchens or kitchenettes, allowing guests to prepare their own meals and save on dining expenses.
3. These hotels often provide flexible check-in and check-out options to accommodate various guest needs and schedules.
4. Some extended stay hotels cater specifically to corporate clients, providing services such as meeting rooms and business centers.
5. The market for extended stay hotels has grown significantly due to increased business travel and the rising trend of remote work arrangements.

Review Questions

• Compare and contrast extended stay hotels with traditional hotels regarding amenities and target clientele.
  • Extended stay hotels differ from traditional hotels mainly in the amenities offered and the type of guests they attract. While traditional hotels focus on short-term stays with standard amenities like daily housekeeping and limited kitchen facilities, extended stay hotels feature fully equipped kitchens and living spaces designed for longer stays. This makes extended stay hotels ideal for business travelers on assignments, families relocating, or anyone needing a temporary home rather than just a place to sleep.
• Discuss how extended stay hotels have adapted to changing market demands in the hospitality industry.
  • Extended stay hotels have adapted to the evolving needs of travelers by incorporating more home-like features and flexible services that appeal to long-term guests. With the rise in remote work and business travel, these hotels have expanded their offerings to include fully equipped kitchens, laundry facilities, and workspaces to enhance guest comfort. Additionally, many have adjusted their pricing strategies to offer attractive rates for extended bookings, ensuring they meet the demand for economical long-term lodging solutions.
• Evaluate the impact of trends in remote work on the growth of the extended stay hotel market and future implications.
  • The rise of remote work has significantly boosted the demand for extended stay hotels as more individuals seek flexible living arrangements that accommodate both professional and personal needs. With many workers opting for locations away from their primary residences, these hotels provide essential amenities that facilitate a work-life balance. The future implications suggest that this trend may lead to further growth in the extended stay market as hotel operators expand their offerings to attract this segment of travelers while continuing to innovate their services to meet diverse guest needs.

Related terms

hospitality industry: The sector of the economy focused on providing services to customers, including accommodations, food and beverages, travel, and tourism.

short-term rentals: Properties rented out for brief periods, usually less than 30 days, often found through platforms like Airbnb and typically lacking the extended amenities of extended stay hotels.

corporate housing: Fully furnished apartments or homes rented out for long-term stays, primarily targeting business professionals who require housing during assignments or relocations.