In October 2007, Biz-stay.com researchers conducted an extensive survey
comparing the lowest available weekly
discount rates in December at 10 leading extended stay hotel chains. The chains ranged from budget to upscale. For extended
stay chain abbreviations used in the rate matrix below, please refer to the following key (with average studio rates): |
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CL = Crossland (average rate: $43.62) |
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EA = Extended StayAmerica (average rate: $67.92) |
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HS = Homestead Studio Suites (average rate: $70.63) |
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SP = StudioPLUS (average rate: $58.11) |
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ED = Extended Stay Deluxe (average rate: $76.43) |
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CW = Candlewood Suites (average rate: $87.26) |
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TP = TownePlace Suites by Marriott (average rate: $109.77) |
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SB = Staybridge Suites (average rate: $117.08) |
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HW = Homewood Suites by Hilton (average rate: $130.58) |
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RI = Residence Inn by Marriott (average rate: $142.09) |
For information on features and amenities at each chain, please refer to our
Extended Stay Chain Comparison Survey. To allow for a
meaningful price comparison, we recorded the best available daily rates (based on a weekly stay) for studio suites at all hotels for the same time
period - a stay from December 17 to December 24 2007. The studios in our rate survey all are one-room suites with fully-equipped kitchens, including (at a
minimum) a refrigerator, sink, microwave and stovetop. For extended stays in larger rooms, see our
One-Bedroom Suite Rate Survey and
Two-Bedroom Rate Suite Survey.
For past rates, see our December
2006 Rate Survey, our December
2005 Rate Survey, our June
2005 Rate Survey or our December
2004 Rate Survey. Comparing the current rate survey with the survey conducted one year ago, we found significant increases across the board, ranging
from 3.7% at Homewood Suites to 21% at Studio PLUS:
Average One-Year Rate Change by Chain |
CL |
EA |
HS |
SP |
ED |
CW |
TP |
SB |
HW |
RI |
+19.7% |
+18.1% |
+15.2% |
+21.0% |
+15.8% |
+4.2% |
+6.7% |
+6.1% |
+3.7% |
+6.7% |
Note: Calculations are limited to properties that were included in both surveys.
In all, we checked rates for 1,826 properties in 436 US market
areas. (For rates in Canada, please see the Canadian Extended Stay Rate Survey.) In many
areas, there was more than
one hotel of a particular brand. When these hotels charged different rates, we provide a price range. When there is no vacancy for the particular
suite type, this is indicated by "nv". Clicking on the state and city links below will access a list of all extended stay options at the location,
including those that make up our survey. Detailed information and online
reservations are available. Note that many chains offer lower rates for month stays (30 days or longer).
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