(Boursier.com) — The global long-stay hotel market, currently valued at some $54.5 billion, is expected to reach $166.5 billion by 2032, according to estimates from Future Market Insights.
A dedicated booking site allows travelers to explore the full diversity of Accor’s portfolio of long-term stays, serviced apartments and branded residences participating in these rental programs.
With more than 380 hotels offering long-term stays under 14 international brands, Accor, whose establishments are mainly concentrated in Europe and Asia, is the main global player in this category outside the United States.
“The surge in demand for establishments offering long-term stays is a global phenomenon, driven by changes within the traveler population: they are making longer stays, mixing business and leisure, and taking more time to explore their destination”, comments Jean-Jacques Morin, Deputy Managing Director and Managing Director of the Premium, Midscale & Economy division, Accor. “At Accor, we offer an unrivaled portfolio of brands, catering to all traveler profiles, and ensure that each stay is consistent with the experience guests expect from each brand.
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