Extended Stay
a resilient, high-demand, often overlooked segment of the hospitality industry with untapped growth opportunities.
Why Extended Stay?
At Sandpiper, we’re passionate about the extended stay hotel market, an often overlooked segment of the hospitality industry brimming with potential. By focusing on this niche, we deliver exceptional value to guests while achieving impressive returns for our stakeholders. Why extended stay? Because it’s a resilient, high-demand sector with untapped growth opportunities.
What is an Extended Stay hotel?
The extended stay hotel market is a distinct and thriving segment within the broader hospitality industry, defined by three key features:
Full kitchens in every room
for comfort and convenience.
Affordable Daily Average Rates across tiers:
Economy:
< $75
Midscale:
$75– $135
upscale:
$135+
Streamlined services
that prioritize practicality
over excess amenities.
These hotels cater to guests who need a place to stay for one week to six months, a traditionally underserved demographic. Whether for construction crews, traveling nurses, IT consultants, per-diem contract workers, natural disaster response teams, military families, business relocations, medical treatments, or transitional housing, extended stay hotels provide unmatched value compared to their nightly-stay counterparts.
Why Sandpiper Excels in Extended Stay
Since 2007, Sandpiper has been a vertically integrated expert in the extended stay market, laser-focused on meeting the needs of this unique clientele. With over 18 years of experience, our track record speaks volumes:
16
hotels developed
5 more in development
24
hotels acquired
65+
properties nationwide
Managed by our affiliate
We are committed to excellence at every stage, from development to acquisition to management. Our expertise ensures operational efficiency, guest satisfaction, and enduring profitability.
A Resilient Market
The midscale and economy extended stay market remains largely underdeveloped, representing the “true” extended stay audience with average stays of two weeks or more. This market’s resilience has proven unmatched, consistently outperforming other hospitality sectors during economic downturns:
- Dot-Com Bubble (2000–2002)
- Great Recession (2008–2010)
- COVID-19 Pandemic (2020–2022)
During these periods, extended stay hotels experienced smaller declines in occupancy compared to the overall hotel industry. Why? Because of non-discretionary stays and a steady base of residential guests.
The Sandpiper Advantage
In fact, occupancy rates for extended stay hotels have consistently exceeded those of traditional hotels by 10–14 percentage points over the past 25 years, and during the height of the pandemic, this premium surpassed 20 percentage points. (Source: The Highland Group)
Sandpiper is proud to be a leader in this dynamic sector. With 18+ years of focused experience, a proven ability to navigate challenging markets, and an unwavering commitment to delivering value, we are shaping the future of extended stay hospitality. Discover how Sandpiper is redefining the extended stay experience, one hotel at a time.
