Extended-Stay Hotels Post Record Q2 RevPAR and Demand Gains
Extended-stay hotels achieved major performance milestones in Q2 2026, driven by a 4.2% RevPAR gain and a 6% increase in demand. Meanwhile, new room construction dropped 30% year-over-year, pointing to sustained pricing power ahead.
Key Takeaways
1RevPAR grew 4.2% in Q2, marking the segment's highest quarterly gain in 13 quarters.
2Q2 occupancy reached 77.3%, outperforming comparable hotel classes by 11.6 percentage points.
3Rooms under construction fell 30% YoY to 27,553 units, limiting future supply growth.
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