The Potters were beaten at the Britannia Stadium on Saturday as Leonardo's Ulloa's second-half goal saw the Foxes snatch the points.
"We can't have any complaints about their game plan because we did the same at Manchester City a couple of weeks ago," Hughes is quoted as saying by BBC Sport.
"You have to give the opposition credit, they defended manfully. We had good chances and on another day we would have taken the game away from them quite comfortably."
Stoke continue their Premier League campaign next Saturday when they face Hughes's former club Queens Park Rangers at Loftus Road.