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Serviced Apartment Market Size, Share & Trends Analysis Report By Type (Long-Term, Short-Term), By End-use (Corporate/Business Traveler, Leisure Traveler), By Booking Mode, By Region, And Segment Forecasts, 2024 - 2030

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  • 110 Pages
  • August 2024
  • Region: Global
  • Grand View Research
  • ID: 5998926
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Serviced Apartment Market Growth & Trends

The global serviced apartment market size is anticipated to reach USD 248.92 billion by 2030. The market is projected to grow at a CAGR of 12.7% from 2024 to 2030. Increasing urbanization and the rise of global business travel are driving demand for flexible and convenient accommodation options. Serviced apartments, with their home-like environment, cater to long-term travelers and expatriates by offering a blend of comfort and functionality. They provide a more residential setting compared to traditional hotels, making them an attractive choice for those seeking extended stays and a more personalized living experience while away from home.

The flexibility in rental duration and cost-effectiveness of serviced apartments compared to traditional hotels significantly drive their market growth. For long-term stays, serviced apartments offer a more economical option, providing substantial savings while delivering the convenience of self-catering and additional space. This blend of affordability and comfort appeals to both business and leisure travelers, as it caters to their needs for extended stays with the added benefit of a more home-like environment. This attractiveness to diverse traveler segments helps boost demand and drives the expansion of the market.

The incorporation of smart technology and advanced amenities in modern serviced apartments drives market growth by significantly enhancing the guest experience. Features such as digital check-in/check-out, automated systems, and high-tech entertainment options not only offer added convenience and efficiency but also cater to the tech-savvy preferences of today’s travelers. These innovations improve the overall appeal and functionality of serviced apartments, making them more attractive to both business and leisure guests who seek a seamless and modern living experience, thus boosting demand and expanding the market.

Key players in the serviced apartment industry are embracing several innovations. They are investing in advanced smart technology, such as AI-driven property management systems and IoT-enabled amenities, to enhance operational efficiency and guest comfort. In addition, they are focusing on personalized guest experiences through data analytics, offering tailored services and customization options. Enhancements in sustainability practices, including eco-friendly building materials and energy-efficient systems, are also becoming a priority to attract environmentally conscious travelers. Furthermore, integrating flexible booking options and seamless digital interactions, such as mobile check-in and virtual concierge services, are helping them adapt to evolving consumer expectations and retain their market position.

Serviced Apartment Market Report Highlights

  • The growth of serviced apartments for long-term stays is driven by their cost-effectiveness, flexibility in rental duration, and the combination of home-like amenities with the convenience of hotel services.
  • The demand for serviced apartments among ex-pats and relocators is driven by their need for flexible, comfortable, and fully equipped living spaces that offer a home-like environment with the convenience of professional services during their transition period.
  • The dominance of direct booking for serviced apartments is driven by travelers' desire for better rates, personalized service, and greater control over their reservation details, often resulting in cost savings and enhanced guest experience.
  • North America accounted for a substantial market share in the global market for serviced apartments driven by the high demand for flexible, long-term accommodations from business travelers and expatriates, who value the blend of comfort, space, and home-like amenities. In addition, the growth of major cities and the increasing trend towards remote work and extended business assignments further fuel the popularity of serviced apartments in the region.

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets


This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Materials & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Type Outlook
2.3. End Use Outlook
2.4. Booking Mode Outlook
2.5. Regional Outlook
2.6. Competitive Landscape Snapshot
Chapter 3. Serviced Apartment Market Variables and Trends
3.1. Market Introduction
3.2. Industry Value Chain Analysis
3.2.1. Booking Mode Analysis
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.3.3. Market Opportunities
3.3.4. Market Challenges
3.4. Industry Analysis Tools
3.4.1. Porter’s Five Forces Analysis
3.5. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Demographic Analysis
4.2. Consumer Trends & Preferences
4.3. Factors Affecting Buying Decisions
4.4. Consumer Product Adoption
4.5. Observations & Recommendations
Chapter 5. Serviced Apartment Market: Type Estimates & Trend Analysis
5.1. Serviced Apartment Market, By Type: Key Takeaways
5.2. Type Movement Analysis & Market Share, 2023 & 2030
5.3. Market Estimates & Forecasts, by Type, 2018 - 2030 (USD Billion)
5.3.1. Long-Term (>30 Nights)
5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.2. Short Term (< 30 Nights)
5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 6. Serviced Apartment Market: End Use Estimates & Trend Analysis
6.1. Serviced Apartment Market, By End Use: Key Takeaways
6.2. End Use Movement Analysis & Market Share, 2023 & 2030
6.3. Market Estimates & Forecasts, by End Use, 2018 - 2030 (USD Billion)
6.3.1. Corporate/Business Traveler
6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2. Leisure Traveler
6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3. Expats and Relocators
6.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 7. Serviced Apartment Market: Booking Mode Estimates & Trend Analysis
7.1. Serviced Apartment Market, By Booking Mode: Key Takeaways
7.2. Booking Mode Movement Analysis & Market Share, 2023 & 2030
7.3. Market Estimates & Forecasts, by Booking Mode, 2018 - 2030 (USD Billion)
7.3.1. Direct Booking
7.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2. Online Travel Agencies
7.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3. Corporate Contracts
7.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 8. Serviced Apartment Market: Regional Estimates & Trend Analysis
8.1. Serviced Apartment Market: Regional Outlook
8.2. Regional Marketplaces: Key Takeaways
8.3. Market Estimates & Forecasts, by region, 2018 - 2030 (USD Billion)
8.3.1. North America
8.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.3.1.2. U.S.
8.3.1.2.1. Key country dynamics
8.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.3.1.3. Canada
8.3.1.3.1. Key country dynamics
8.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.3.1.4. Mexico
8.3.1.4.1. Key country dynamics
8.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.3.2. Europe
8.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.3.2.2. UK
8.3.2.2.1. Key country dynamics
8.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.3.2.3. Germany
8.3.2.3.1. Key country dynamics
8.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.3.2.4. France
8.3.2.4.1. Key country dynamics
8.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.3.2.5. Italy
8.3.2.5.1. Key country dynamics
8.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.3.2.6. Spain
8.3.2.6.1. Key country dynamics
8.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.3.3. Asia Pacific
8.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.3.3.2. China
8.3.3.2.1. Key country dynamics
8.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.3.3.3. Japan
8.3.3.3.1. Key country dynamics
8.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.3.3.4. India
8.3.3.4.1. Key country dynamics
8.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.3.4. Central & South America
8.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.3.4.2. Brazil
8.3.4.2.1. Key country dynamics
8.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.3.4.3. Argentina
8.3.4.3.1. Key country dynamics
8.3.4.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.3.5. Middle East & Africa
8.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.3.5.2. South Africa
8.3.5.2.1. Key country dynamics
8.3.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
8.3.5.3. Saudi Arabia
8.3.5.3.1. Key country dynamics
8.3.5.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 9. Serviced Apartment Market: Competitive Analysis
9.1. Recent Developments & Impact Analysis, by Key Market Participants
9.2. Company Categorization
9.3. Participant’s Overview
9.4. Financial Performance
9.5. Product Benchmarking
9.6. Company Market Share Analysis, 2023 (%)
9.7. Company Heat Map Analysis, 2023
9.8. Strategy Mapping
9.9. Company Profiles
9.9.1. The Ascott Limited
9.9.1.1. Company Overview
9.9.1.2. Financial Performance
9.9.1.3. Product Portfolios
9.9.1.4. Strategic Initiatives
9.9.2. Frasers Hospitality
9.9.2.1. Company Overview
9.9.2.2. Financial Performance
9.9.2.3. Product Portfolios
9.9.2.4. Strategic Initiatives
9.9.3. The Serviced Apartment Company
9.9.3.1. Company Overview
9.9.3.2. Financial Performance
9.9.3.3. Product Portfolios
9.9.3.4. Strategic Initiatives
9.9.4. Staycity Ltd
9.9.4.1. Company Overview
9.9.4.2. Financial Performance
9.9.4.3. Product Portfolios
9.9.4.4. Strategic Initiatives
9.9.5. Habicus Group
9.9.5.1. Company Overview
9.9.5.2. Financial Performance
9.9.5.3. Product Portfolios
9.9.5.4. Strategic Initiatives
9.9.6. THE SQUA.RE SERVICED APARTMENTS
9.9.6.1. Company Overview
9.9.6.2. Financial Performance
9.9.6.3. Product Portfolios
9.9.6.4. Strategic Initiatives
9.9.7. adiahotels.com
9.9.7.1. Company Overview
9.9.7.2. Financial Performance
9.9.7.3. Product Portfolios
9.9.7.4. Strategic Initiatives
9.9.8. Viridian Apartments
9.9.8.1. Company Overview
9.9.8.2. Financial Performance
9.9.8.3. Product Portfolios
9.9.8.4. Strategic Initiatives
9.9.9. Adagio
9.9.9.1. Company Overview
9.9.9.2. Financial Performance
9.9.9.3. Product Portfolios
9.9.9.4. Strategic Initiatives
9.9.10. Marriott International, Inc.
9.9.10.1. Company Overview
9.9.10.2. Financial Performance
9.9.10.3. Product Portfolios
9.9.10.4. Strategic Initiatives
List of Tables
Table 1. Serviced apartment market: Key market driver analysis
Table 2. Serviced apartment market: Key market restraint analysis
Table 3. Serviced apartment market estimates & forecast, by type, 2018 - 2030 (USD Billion)
Table 4. Long-term serviced apartment market estimates and forecast, 2018 - 2030 (USD Billion)
Table 5. Short-term serviced apartment market estimates and forecast, 2018 - 2030 (USD Billion)
Table 6. Serviced apartment market estimates & forecast, by end use, 2018 - 2030 (USD Billion)
Table 7. Serviced apartment market estimates & forecasts, for corporate/business traveler, 2018 - 2030 (USD Billion)
Table 8. Serviced apartment market estimates & forecasts, for leisure traveler, 2018 - 2030 (USD Billion)
Table 9. Serviced apartment market estimates & forecasts, for expats and relocators, 2018 - 2030 (USD Billion)
Table 10. Serviced apartment market estimates & forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 11. Serviced apartment market estimates & forecasts, through direct booking, 2018 - 2030 (USD Billion)
Table 12. Serviced apartment market estimates & forecasts, through online travel agencies, 2018 - 2030 (USD Billion)
Table 13. Serviced apartment market estimates & forecasts, through corporate contractors, 2018 - 2030 (USD Billion)
Table 14. Serviced apartment market estimates & forecast, 2018 - 2030, by region (USD Billion)
Table 15. North America serviced apartment market estimates and forecast, 2018 - 2030 (USD Billion)
Table 16. North America serviced apartment market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 17. North America serviced apartment market revenue estimates and forecast, by end use, 2018 - 2030 (USD Billion)
Table 18. North America serviced apartment market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 19. U.S. macro-economic outlay
Table 20. U.S. serviced apartment market estimates and forecast, 2018 - 2030 (USD Billion)
Table 21. U.S. serviced apartment market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 22. U.S. serviced apartment market revenue estimates and forecast, by end use, 2018 - 2030 (USD Billion)
Table 23. U.S. serviced apartment market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 24. Canada macro-economic outlay
Table 25. Canada serviced apartment market estimates and forecast, 2018 - 2030 (USD Billion)
Table 26. Canada serviced apartment market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 27. Canada serviced apartment market revenue estimates and forecast, by end use, 2018 - 2030 (USD Billion)
Table 28. Canada serviced apartment market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 29. Mexico macro-economic outlay
Table 30. Mexico serviced apartment market estimates and forecast, 2018 - 2030 (USD Billion)
Table 31. Mexico serviced apartment market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 32. Mexico serviced apartment market revenue estimates and forecast, by end use, 2018 - 2030 (USD Billion)
Table 33. Mexico serviced apartment market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 34. Europe serviced apartment market estimates and forecast, 2018 - 2030 (USD Billion)
Table 35. Europe serviced apartment market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 36. Europe serviced apartment market revenue estimates and forecast, by end use, 2018 - 2030 (USD Billion)
Table 37. Europe serviced apartment market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 38. UK macro-economic outlay
Table 39. UK serviced apartment market estimates and forecast, 2018 - 2030 (USD Billion)
Table 40. UK serviced apartment market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 41. UK serviced apartment market revenue estimates and forecast, by end use, 2018 - 2030 (USD Billion)
Table 42. UK serviced apartment market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 43. Germany macro-economic outlay
Table 44. Germany serviced apartment market estimates and forecast, 2018 - 2030 (USD Billion)
Table 45. Germany serviced apartment market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 46. Germany serviced apartment market revenue estimates and forecast, by end use, 2018 - 2030 (USD Billion)
Table 47. Germany serviced apartment market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 48. France macro-economic outlay
Table 49. France serviced apartment market estimates and forecast, 2018 - 2030 (USD Billion)
Table 50. France serviced apartment market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 51. France serviced apartment market revenue estimates and forecast, by end use, 2018 - 2030 (USD Billion)
Table 52. France serviced apartment market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 53. Italy macro-economic outlay
Table 54. Italy serviced apartment market estimates and forecast, 2018 - 2030 (USD Billion)
Table 55. Italy serviced apartment market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 56. Italy serviced apartment market revenue estimates and forecast, by end use, 2018 - 2030 (USD Billion)
Table 57. Italy serviced apartment market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 58. Spain macro-economic outlay
Table 59. Spain serviced apartment market estimates and forecast, 2018 - 2030 (USD Billion)
Table 60. Spain serviced apartment market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 61. Spain serviced apartment market revenue estimates and forecast, by end use, 2018 - 2030 (USD Billion)
Table 62. Spain serviced apartment market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 63. Asia Pacific serviced apartment market estimates and forecast, 2018 - 2030 (USD Billion)
Table 64. Asia Pacific serviced apartment market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 65. Asia Pacific serviced apartment market revenue estimates and forecast, by end use, 2018 - 2030 (USD Billion)
Table 66. Asia Pacific serviced apartment market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 67. China macro-economic outlay
Table 68. China serviced apartment market estimates and forecast, 2018 - 2030 (USD Billion)
Table 69. China serviced apartment market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 70. China serviced apartment market revenue estimates and forecast, by end use, 2018 - 2030 (USD Billion)
Table 71. China serviced apartment market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 72. India macro-economic outlay
Table 73. India serviced apartment market estimates and forecast, 2018 - 2030 (USD Billion)
Table 74. India serviced apartment market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 75. India serviced apartment market revenue estimates and forecast, by end use, 2018 - 2030 (USD Billion)
Table 76. India serviced apartment market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 77. Japan macro-economic outlay
Table 78. Japan serviced apartment market estimates and forecast, 2018 - 2030 (USD Billion)
Table 79. Japan serviced apartment market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 80. Japan serviced apartment market revenue estimates and forecast, by end use, 2018 - 2030 (USD Billion)
Table 81. Japan serviced apartment market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 82. Central & South America serviced apartment market estimates and forecast, 2018 - 2030 (USD Billion)
Table 83. Central & South America serviced apartment market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 84. Central & South America serviced apartment market revenue estimates and forecast, by end use, 2018 - 2030 (USD Billion)
Table 85. Central & South America serviced apartment market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 86. Brazil macro-economic outlay
Table 87. Brazil serviced apartment market estimates and forecast, 2018 - 2030 (USD Billion)
Table 88. Brazil serviced apartment market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 89. Brazil serviced apartment market revenue estimates and forecast, by end use, 2018 - 2030 (USD Billion)
Table 90. Brazil serviced apartment market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 91. Argentina macro-economic outlay
Table 92. Argentina serviced apartment market estimates and forecast, 2018 - 2030 (USD Billion)
Table 93. Argentina serviced apartment market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 94. Argentina serviced apartment market revenue estimates and forecast, by end use, 2018 - 2030 (USD Billion)
Table 95. Argentina serviced apartment market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 96. Middle East & Africa serviced apartment market estimates and forecast, 2018 - 2030 (USD Billion)
Table 97. Middle East & Africa serviced apartment market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 98. Middle East & Africa serviced apartment market revenue estimates and forecast, by end use, 2018 - 2030 (USD Billion)
Table 99. Middle East & Africa serviced apartment market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 100. South Africa macro-economic outlay
Table 101. South Africa serviced apartment market estimates and forecast, 2018 - 2030 (USD Billion)
Table 102. South Africa serviced apartment market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 103. South Africa serviced apartment market revenue estimates and forecast, by end use, 2018 - 2030 (USD Billion)
Table 104. South Africa serviced apartment market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 105. Saudi Arabia macro-economic outlay
Table 106. Saudi Arabia serviced apartment market estimates and forecast, 2018 - 2030 (USD Billion)
Table 107. Saudi Arabia serviced apartment market revenue estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 108. Saudi Arabia serviced apartment market revenue estimates and forecast, by end use, 2018 - 2030 (USD Billion)
Table 109. Saudi Arabia serviced apartment market revenue estimates and forecast, by booking mode, 2018 - 2030 (USD Billion)
Table 110. Recent developments & impact analysis, by key market participants
Table 111. Company market share, 2023 (%)
Table 112. Company heat map analysis, 2023
Table 113. Companies implementing key strategies
List of Figures
Fig. 1 Serviced apartment market segmentation
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research approaches
Fig. 5 Primary research process
Fig. 6 Market snapshot
Fig. 7 Segment snapshot
Fig. 8 Regional snapshot
Fig. 9 Competitive landscape Snapshot
Fig. 10 Parent industry and serviced apartment market size, 2023 (USD Billion)
Fig. 11 Serviced apartment market: Value chain analysis
Fig. 12 Serviced apartment market: Dynamics
Fig. 13 Serviced apartment market: Porter’s five forces analysis
Fig. 14 Serviced apartment market, by type: Key takeaways
Fig. 15 Serviced apartment market: Type movement analysis, 2023 & 2030 (%)
Fig. 16 Long-term serviced apartment market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 17 Short-term serviced apartment market estimates and forecast, 2018 - 2030 (USD Billion)
Fig. 18 Serviced apartment market, by end use: Key takeaways
Fig. 19 Serviced apartment market: End use movement analysis, 2023 & 2030 (%)
Fig. 20 Serviced apartment market estimates & forecasts, for corporate/business traveler, 2018 - 2030 (USD Billion)
Fig. 21 Serviced apartment market estimates & forecasts, for leisure traveler, 2018 - 2030 (USD Billion)
Fig. 22 Serviced apartment market estimates & forecasts, for expats and relocators, 2018 - 2030 (USD Billion)
Fig. 23 Serviced apartment market, by booking mode: Key takeaways
Fig. 24 Serviced apartment market: Booking mode movement analysis, 2023 & 2030 (%)
Fig. 25 Serviced apartment market estimates & forecasts, through direct booking, 2018 - 2030 (USD Billion)
Fig. 26 Serviced apartment market estimates & forecasts, through online travel agencies, 2018 - 2030 (USD Billion)
Fig. 27 Serviced apartment market estimates & forecasts, through corporate contracts, 2018 - 2030 (USD Billion)
Fig. 28 Serviced apartment market: Regional outlook, 2023 & 2030, (USD Billion)
Fig. 29 Regional marketplace: Key takeaways
Fig. 30 North America serviced apartment market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 31 U.S. serviced apartment market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 32 Canada serviced apartment market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 33 Mexico serviced apartment market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 34 Europe serviced apartment market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 35 UK serviced apartment market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 36 Germany serviced apartment market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 37 France serviced apartment market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 38 Italy serviced apartment market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 39 Spain serviced apartment market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 40 Asia Pacific serviced apartment market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 41 China serviced apartment market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 42 Japan serviced apartment market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 43 India serviced apartment market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 44 Australia serviced apartment market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 45 Central and South America serviced apartment market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 46 Brazil serviced apartment market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 47 Argentina serviced apartment market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 48 Middle East and Africa serviced apartment market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 49 South Africa serviced apartment market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 50 Saudi Arabia serviced apartment market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 51 Key company categorization
Fig. 52 Company market share analysis, 2023
Fig. 53 Strategic framework of serviced apartment market

Companies Mentioned

  • The Ascott Limited
  • Frasers Hospitality
  • The Serviced Apartment Company
  • Staycity Ltd
  • Habicus Group
  • THE SQUA.RE SERVICED APARTMENTS
  • adiahotels.com
  • Viridian Apartments
  • Adagio
  • Marriott International, Inc.

Methodology

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About the Serviced Apartment Market

Serviced apartments are a type of residential property that provide short-term accommodation for travelers and business people. They are typically furnished and equipped with amenities such as kitchenettes, laundry facilities, and housekeeping services. They are often located in urban areas and offer a more home-like experience than a hotel. Serviced apartments are typically more expensive than traditional hotel rooms, but they offer more space and privacy. Serviced apartments are becoming increasingly popular as an alternative to traditional hotel accommodation. They offer a more home-like experience, with the added convenience of amenities such as housekeeping and laundry services. They are also often located in more desirable areas than hotels, making them attractive to travelers and business people. Some companies in the serviced apartment market include Sonder, Stay Alfred, and Domio. Show Less Read more

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