The former Manchester City and Fulham boss was appointed as the west London club's new manager days after Neil Warnock was sacked. Hughes joins the Hoops with the club one point and one place above the Barclays Premier League relegation zone, with investment essential if they are to retain their place in the top flight.
"My last couple of positions haven't lasted as long as I wanted them to so now I'm wanting longevity," said Hughes.
"I've just had my first day at the training ground - I'm certainly not thinking of leaving any time soon."
Of his departure from Fulham, Hughes added: "The situation at the end of last season is one that has happened. I made the decision that was the correct decision and I stand by that.
"This excited me. My thoughts now shouldn't be an issue to them. I'm looking forward and really happy with the decision I've made, very excited of what is ahead of us.
"I needed to get all the facts and understand the story QPR hope to have in the future. They are a club who want to go places and build from the bottom up - and that fitted very, very comfortably with where I feel my career needs to go now."
The 48-year-old would not be drawn on his transfer targets, with Manchester City defender Nedum Onuoha and Blackburn defender Chris Samba among those linked to the west London club.
Hughes said: "If there are quality players available and they're attainable then I'll be delighted - but it's difficult to manage the transfer window carefully."
Source: PA
Source: PA