In the last few years extended stay hotels that were once considered a trivial part of the hospitality industry, have come up as the most prospering vertical of this industry. Even the top hotel chains have invested heavily in this arena. Extended Stay America is one of the leaders in the name game of extended stay hotels, with over 680 properties across Canada and United States of America.

Expansion of industries has lead to the mushroom growth of manufacturing units in the suburbs. With businessmen and executives frequently travelling out of station for client meeting, the industrial growth has also given a tremendous boost to the hospitality, especially to the extended stay hotels in the suburbs.

At present, per the market demand, there are over 250,000 extended stay hotel rooms only in North America, run by around 30 hotel chains. They enjoy a growth rate of around five per cent per annum. Initially, the extended stay hotel was considered a small segment of the hotel industry. However, the success and high growth rate of this industry, made the top notch hotel brands jump into this foray. Today the situation is when a company plans to set up a unit at a new location the extended stay hotels is one of the prime factors of consideration.

Businessmen often travel to different cities on business tours. These extended stay suites are perfect for the business persons and vendors who need to stay out of hometown for a long period to work with outstation clients. Their business tours may be a week to a few months long. The feel at home atmosphere of the extended stay hotels is what sets them apart from the traditional hotels. Usually the extended stay hotels provide spacious bedroom, living room and kitchen equipped with array of kitchenware including refrigerator, microwave oven and dishwasher. To make your stay as comfortable as home, there is also in-house provision for essential facilities – laundry, grocery and convenience shopping. If you want to carry along your pet for company, you are even provided with kennel or pet space. Besides, you have regular facilities like television with a DVD player.

To suffice the business needs of travelers, a separate work space is also available with facilities like internet / Wi-Fi, printer, in-room, meeting room, fax machine, photocopy machines and other business equipment in place.

When you look out for an extended stay hotel, bear in mind the fact that price and quality are directly proportionate to each other. On the basis of accommodation, the extended stay hotels can be categorized into three sections – upscale, mid-range and economy. The top hotel industry players fall in the upscale category, with Hyatt, Marriott and Hilton stealing the show with ventures like Summerfield Suites Marriott Residence Inns and Homewood Suites.

Even in the mid-range of the extended stay hotels, we have reputed hotel chains, including – Intercontinental under the name of Candlewood Suites, Marriott as TownPlace Suites and Hyatt as Hawthorn Suites.

However, in the economy niche category, there are many established local names. However, here also chain of Extended Stay America leads the market, besides, Suburban, InTown Suites and Crossland giving tough competition.