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Extended-stay hotels’ pandemic boom gives way to more divided performance story

Why longer-stay properties are falling behind at the upper end and outperforming at the lower end
CoStar Analytics
September 10, 2026 | 6:17 P.M.

The extended-stay sector took the lodging industry by storm several years ago as consumers preferred hotel rooms with layouts and in-room amenities that nearly rivaled those of smaller apartments. Performance of extended-stay hotels also experienced steady, pronounced gains post-pandemic.

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