Global Serviced Apartment Market Growth (Status and Outlook) 2024-2030

Global Serviced Apartment Market Growth (Status and Outlook) 2024-2030

A serviced apartment is a type of accommodation that combines the features of both a hotel and a residential apartment. It is designed to offer the comfort and convenience of home with the added services typically found in hotels. Serviced apartments offer a versatile accommodation option that blends the benefits of hotel services with the comfort and flexibility of a residential setting.

The global Serviced Apartment market size is projected to grow from US$ 105500 million in 2024 to US$ 207460 million in 2030; it is expected to grow at a CAGR of 11.9% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Serviced Apartment Industry Forecast” looks at past sales and reviews total world Serviced Apartment sales in 2022, providing a comprehensive analysis by region and market sector of projected Serviced Apartment sales for 2023 through 2029. With Serviced Apartment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Serviced Apartment industry.

This Insight Report provides a comprehensive analysis of the global Serviced Apartment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Serviced Apartment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Serviced Apartment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Serviced Apartment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Serviced Apartment.

United States market for Serviced Apartment is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Serviced Apartment is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Serviced Apartment is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Serviced Apartment players cover The Ascott Limited, Frasers Hospitality, The Serviced Apartment Company, Staycity Ltd, Habicus Group, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Serviced Apartment market by product type, application, key players and key regions and countries.

Segmentation by Type:
Long-Term (>30 Nights)
Short-Term (<30 Nights)

Segmentation by Application:
Corporate/Business Traveler
Leisure Traveler
Expats and Relocators

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Long-Term (>30 Nights)
Short-Term (<30 Nights)

Segmentation by Application:
Corporate/Business Traveler
Leisure Traveler
Expats and Relocators

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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.

Please note: The report will take approximately 2 business days to prepare and deliver.