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 January 3 to January 11, 2010. 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 suites, see our 2007
One-Bedroom Suite Rate Survey and
Two-Bedroom Suite Rate Survey.
For past rates, see our January
2010 Rate Survey, January
2009 Rate Survey, December
2007 Rate Survey, December
2006 Rate Survey, December
2005 Rate Survey, June
2005 Rate Survey or our December
2004 Rate Survey.
Comparing the 2011 rate survey with the survey conducted in 2010, we see diverging price changes, ranging
from an increase of 2.8% at Residence Inn to a steep 11.9% drop at StudioPLUS. (As a result, we have moved several
StudioPLUS properties from the directory's "Mid-priced" category to "Economy").
Note: Calculations are limited to properties that were included in both surveys.
|Average One-Year Rate Change by Chain|
The fact that we are starting to see price increases is evidence of the improving US economy,
and also a drop in the rate of new extended-stay hotel construction. Among our surveyed chains, the supply of hotels grew by just 3.2% in 2010, versus
an 8.5% rise in 2009.
2010 survey market results: In all, we checked rates for 2,152 properties in 497 US market
areas. (For rates in Canada, please see the Canadian Extended Stay Rate Survey.) Click the links below for rates in cities
in each state: