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 2 to January 9, 2013. 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 studio rates, see our January
2012 Rate Survey, January
2011 Rate Survey, 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 2013 rate survey with the survey conducted in 2012, we see price increases at all chains, ranging
from an average increase of 0.7% at Staybridge Suites to an average increase of 9.2% for Extended Stay America.
The latter chain emerged from bankruptcy in 2012, and rolled out renovations at many of its hotels. These
improvements permitted rates to rise. However, another chain that underwent extensive renovations was Candlewood Suites, and its rate
increase was only 2.7%. This chain,
along with Staybridge Suites (both part of InterContinental Hotels Group) are especially good values compared to
their comparable extended-stay competitors.
Note: Calculations are limited to properties that were included in both surveys.
|Average One-Year Rate Change by Chain|
Broad price increases are due to the improving US economy,
and a continued drop in the rate of new extended-stay hotel construction. Among our surveyed chains, the supply of hotels grew by less than 0.1% in 2012.
2013 survey market results: In all, we checked rates for 2,262 properties in 543 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: