Product Code: ETC12135429 | Publication Date: Apr 2025 | Updated Date: Jun 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The extended stay hotel market in China has been experiencing steady growth due to factors such as increasing business travel, a rise in urbanization, and a growing middle-class population. These hotels offer long-term accommodation options with amenities like fully-equipped kitchens, laundry facilities, and flexible booking options, catering to the needs of both business travelers and leisure guests staying for extended periods. Key players in the market include international hotel chains like Marriott, Ascott, and Hyatt, as well as local brands such as GreenTree Inn and Home Inn. With the Chinese government`s push to promote tourism and infrastructure development, the extended stay hotel market in China is expected to continue expanding, particularly in major cities and popular tourist destinations.
In the China extended stay hotel market, there is a growing focus on providing unique and personalized experiences to cater to the needs of long-term guests. Hotel operators are increasingly incorporating local culture and amenities into their offerings to appeal to both domestic and international travelers seeking an authentic experience. Technology integration is also a key trend, with hotels implementing smart room features and digital check-in processes to enhance convenience and efficiency. Sustainability and eco-friendly practices are becoming more prevalent, with a rising awareness of environmental issues among travelers driving demand for green initiatives in extended stay properties. Overall, the China extended stay hotel market is evolving to meet the changing preferences of long-term guests by emphasizing experiential offerings, tech-savvy solutions, and sustainability efforts.
In the China extended stay hotel market, some key challenges faced include intense competition from both local and international hotel chains, as well as an increasing number of alternative accommodation options such as Airbnb. Additionally, regulatory challenges and strict government policies regarding hotel operations can pose obstacles for new entrants and existing players in the market. Another challenge is the need to adapt to changing consumer preferences and behavior, as travelers increasingly seek personalized and unique experiences when choosing accommodation. Ensuring high-quality service standards and maintaining competitive pricing in a market with varying customer demands and expectations also present challenges for extended stay hotel operators in China. Overall, navigating these challenges requires strategic differentiation, innovative marketing strategies, and a deep understanding of the evolving market dynamics.
The China extended stay hotel market presents promising investment opportunities due to the growing demand for longer-term accommodation options among both domestic and international travelers. With the rise of remote working and flexible lifestyles, there is an increasing need for extended stay hotels that offer amenities such as fully-equipped kitchens, workspaces, and communal areas. Investors can capitalize on this trend by partnering with established hotel chains or developing their own extended stay properties in key cities with high tourism and business traffic. Additionally, targeting niche markets such as business travelers, expatriates, and students can further enhance the profitability of investments in the China extended stay hotel sector. Conducting thorough market research and understanding the specific needs and preferences of target customers will be crucial for success in this growing market segment.
The Chinese government has implemented various policies related to the extended stay hotel market, including regulations on building standards, safety measures, and licensing requirements. Additionally, there are policies in place to promote sustainable development and energy efficiency within the industry. The government also plays a role in monitoring pricing practices to prevent price gouging and ensure fair competition among extended stay hotel operators. Overall, these policies aim to regulate the market, protect consumer rights, and promote the growth of the extended stay hotel sector in China.
The future outlook for the China extended stay hotel market appears promising, driven by a growing trend towards longer business trips, a rise in expatriate assignments, and an increasing number of domestic travelers seeking extended accommodation options. With a robust economy and continuous urbanization, the demand for extended stay hotels is expected to increase significantly. Additionally, the rise of remote work and digital nomadism could further boost the market as individuals seek flexible and comfortable accommodation for extended periods. To capitalize on this growth, industry players may need to focus on providing amenities and services tailored to the needs of long-term guests, such as fully equipped kitchens, coworking spaces, and social activities to foster a sense of community among extended stay residents.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 China Extended Stay Hotel Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Extended Stay Hotel Market Revenues & Volume, 2021 & 2031F |
3.3 China Extended Stay Hotel Market - Industry Life Cycle |
3.4 China Extended Stay Hotel Market - Porter's Five Forces |
3.5 China Extended Stay Hotel Market Revenues & Volume Share, By Service Type, 2021 & 2031F |
3.6 China Extended Stay Hotel Market Revenues & Volume Share, By Room Type, 2021 & 2031F |
3.7 China Extended Stay Hotel Market Revenues & Volume Share, By Target Audience, 2021 & 2031F |
3.8 China Extended Stay Hotel Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 China Extended Stay Hotel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 China Extended Stay Hotel Market Trends |
6 China Extended Stay Hotel Market, By Types |
6.1 China Extended Stay Hotel Market, By Service Type |
6.1.1 Overview and Analysis |
6.1.2 China Extended Stay Hotel Market Revenues & Volume, By Service Type, 2021 - 2031F |
6.1.3 China Extended Stay Hotel Market Revenues & Volume, By Budget Extended Stay Hotels, 2021 - 2031F |
6.1.4 China Extended Stay Hotel Market Revenues & Volume, By Luxury Extended Stay Hotels, 2021 - 2031F |
6.1.5 China Extended Stay Hotel Market Revenues & Volume, By Mid-Range Extended Stay Hotels, 2021 - 2031F |
6.1.6 China Extended Stay Hotel Market Revenues & Volume, By Extended Stay Resorts, 2021 - 2031F |
6.2 China Extended Stay Hotel Market, By Room Type |
6.2.1 Overview and Analysis |
6.2.2 China Extended Stay Hotel Market Revenues & Volume, By Studio Apartments, 2021 - 2031F |
6.2.3 China Extended Stay Hotel Market Revenues & Volume, By Suites, 2021 - 2031F |
6.2.4 China Extended Stay Hotel Market Revenues & Volume, By One-Bedroom Apartments, 2021 - 2031F |
6.2.5 China Extended Stay Hotel Market Revenues & Volume, By Villa-style Accommodations, 2021 - 2031F |
6.3 China Extended Stay Hotel Market, By Target Audience |
6.3.1 Overview and Analysis |
6.3.2 China Extended Stay Hotel Market Revenues & Volume, By Business Travelers, 2021 - 2031F |
6.3.3 China Extended Stay Hotel Market Revenues & Volume, By Extended Family Stays, 2021 - 2031F |
6.3.4 China Extended Stay Hotel Market Revenues & Volume, By Long-Term Visitors, 2021 - 2031F |
6.3.5 China Extended Stay Hotel Market Revenues & Volume, By Vacationers and Tourists, 2021 - 2031F |
6.4 China Extended Stay Hotel Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 China Extended Stay Hotel Market Revenues & Volume, By Corporate Travel, 2021 - 2031F |
6.4.3 China Extended Stay Hotel Market Revenues & Volume, By Leisure Travelers, 2021 - 2031F |
6.4.4 China Extended Stay Hotel Market Revenues & Volume, By Relocation and Temporary Housing, 2021 - 2031F |
6.4.5 China Extended Stay Hotel Market Revenues & Volume, By Tourism and Extended Travel, 2021 - 2031F |
7 China Extended Stay Hotel Market Import-Export Trade Statistics |
7.1 China Extended Stay Hotel Market Export to Major Countries |
7.2 China Extended Stay Hotel Market Imports from Major Countries |
8 China Extended Stay Hotel Market Key Performance Indicators |
9 China Extended Stay Hotel Market - Opportunity Assessment |
9.1 China Extended Stay Hotel Market Opportunity Assessment, By Service Type, 2021 & 2031F |
9.2 China Extended Stay Hotel Market Opportunity Assessment, By Room Type, 2021 & 2031F |
9.3 China Extended Stay Hotel Market Opportunity Assessment, By Target Audience, 2021 & 2031F |
9.4 China Extended Stay Hotel Market Opportunity Assessment, By Application, 2021 & 2031F |
10 China Extended Stay Hotel Market - Competitive Landscape |
10.1 China Extended Stay Hotel Market Revenue Share, By Companies, 2024 |
10.2 China Extended Stay Hotel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |