Kalibri’s Exclusive Extended Stay Data
Tap into the premier source of market and submarket data for the Extended Stay Hotel segment.
Find Extended Stay opportunities with advanced Length-of-Stay data
Market data suggests that Extended Stay is a prime hotel investment area.
- Extended Stay properties on average generate higher profit
- There is low risk for oversupply of Extended Stay properties
- In 2023, there was $4B unmet demand for 7-29 nights
No need to guess on LOS demand. And you won't find the data required, but you won’t find the data required to uncover Extended Stay opportunities anywhere else. Why? Unlike legacy real estate reports, only Kalibri offers length of stay (LOS) broken down by:
- 7-14 days
- 15-29 days
- 30+
Allows developer to identify depth of long-term stay demand relative to the supply available in a given market.
Identify areas with extended-stay demand being housed in nonextended stay properties.
Discover untapped markets where extended stay supply gaps create revenue opportunities.
Market
The newest, smartest tool for finding Extended Stay development opportunities.
See the statistically best locations to build based on the length of stay segmentation that matters most to you.
Hummingbird Market harnesses the power of Kalibri Data and ProfitMix AI to allow users drill into target areas via heat maps, then examine the details of the composition of demand - including length-of-stay (LOS). No other opportunity research tool can match it.
See maps at the national, state, market and submarket level.
Legacy data tools have become cumbersome and overpriced. Test drive Hummingbird Market.
Best Market Selection
Segmentation Demand
Identify and target markets/submarkets where your longer length of stay demand is more prevalent.
Extended Stay Properties
Identify extended-stay demand that is absorbed by purpose-built as well as traditional hotels.
Kalibri Length of Stay data reveals opportunity previously hidden by legacy RevPAR data.
Before Kalibri
Kerry Ranson, Partner & President of Operations at Raines, was looking to underwrite on an Extended Stay property.
Based on RevPar data found on legacy data reports, they couldn’t make the numbers work at all.
Conclusion?
Zero opportunity in the market.
After Kalibri
Soon after he was able to look at LOS data on the Kalibri Labs Extended Stay Market Report.
It revealed a very different story.
Kerry realized it was a brilliant opportunity. They built the Extended Stay property.
And while typical ES ramp up periods take 1-2 years to stabilize, the demand was so high they stabilized in 3-6 months.
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