Global Serviced Apartments Market

Global Serviced Apartments Market by Player, Region, Type, Application and Sales Channel

Global Serviced Apartments Market

Global Serviced Apartments Market by Player, Region, Type, Application and Sales Channel

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The Serviced Apartments market, estimated at $$60 Billion billion in , is set for substantial growth, driven by an anticipated compound annual growth rate (CAGR) of 6.2% from 2025 to .

The latest comprehensive report on the Serviced Apartments market covers various industry organizations from different geographies to develop a 107+ page report. The study is a perfect mix of qualitative and quantitative information, highlighting key market developments, challenges that the industry and competition are facing, along with gap analysis, and new opportunities available. It may trend in Serviced Apartments market. The report bridges the historical data from 2020 to 2024 and forecasts till , the product outline, the organization’s required raw materials, and other growth factors. This report provides an in-depth analysis of the market segmentation that includes products, applications, and geographical analysis. Serviced Apartments market report delivers a close watch on leading competitors with strategic analysis, micro and macro market trends and scenarios, pricing analysis, and a complete overview of the industry situation during the forecast period.

Serviced Apartments Market Overview
Serviced apartments offer fully furnished rental units with hotel-like amenities. The market is expanding due to increased business travel, demand for flexible housing, and the rise of remote work.

The Serviced Apartments market is driven by several factors, including:



2025 Emerging Trends in Serviced Apartments Industry
Digital booking platforms

Driving Forces: What's Propelling the Serviced Apartments Industry
Rise in corporate housing



Growth Opportunities in the Serviced Apartments Market for 2025
Smart apartments & IoT integration

Key Challenges Facing the Serviced Apartments Market in 2025
Competition from hotels

Serviced Apartments Market Segmentation
By Types, Serviced Apartments Market is segmented as:
  • Luxury
  • Standard
  • Extended Stay
  • Corporate
  • Vacation Rentals

By Applications, the Serviced Apartments Market is segmented as:
  • Business Travel
  • Relocations
  • Tourism
  • Remote Work

Serviced Apartments , by Region
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The segment is expected to secure a significant share of the industry in the coming years, driven by its increasing adoption and strategic advantages. Meanwhile, the North America region is projected to lead the market, fueled by rapid industrial growth, technological advancements, and expanding investments. This growth is further supported by favorable government policies and rising demand across key industries. Additionally, increasing collaborations and market expansions by leading players continue to strengthen the competitive landscape.

Competitive Landscape


Key Companies Profiled
  • Ascott
  • Marriott Executive Apartments
  • Fraser Suites
  • Oakwood
  • Extended Stay America
  • Adagio Aparthotels
  • Staybridge Suites
  • AKA
  • Blueground
  • Quest Apartment Hotels
  • Bridgestreet
  • Cheval Collection
  • Synergy Global Housing
  • The Apartment Service
  • Roomspace
  • National Corporate Housing
  • SACO Apartments
  • Corporate Stays
  • SilverDoor
  • Zoku

These companies are undertaking various expansion strategies, such as new product development, partnerships, and acquisitions, to improve their market share and cater to the growing demand for Serviced Apartments across the globe.


Chapter 1: Introduction of Serviced Apartments Market
  • 1.1 Research Objective
  • 1.2 Scope of the Study
  • 1.3 Definition
  • 1.4 Assumptions & Limitations

Chapter 2: Executive Summary
  • 2.1 Market Snapshot

Chapter 3: Market Dynamics Analysis and Trends
  • 3.1 Market Dynamics
    • 3.1.1 Market Growth Drivers
    • 3.1.2 Market Restraints
    • 3.1.3 Available Market Opportunities
    • 3.1.4 Influencing Trends

Chapter 4: Market Factor Analysis
  • 4.1 Porter’s Five Forces Analysis
  • 4.2 Bargaining power of suppliers
  • 4.3 Bargaining power of buyers
  • 4.4 Threat of substitute
  • 4.5 Threat of new entrants
  • 4.6 Porter's Five Forces Analysis
  • 4.7 Value Chain Analysis
  • 4.8 Market Impact Analysis
  • 4.9 Regional Impact
  • 4.10 Pricing Analysis
  • 4.11 Import-Export Analysis

Chapter 5: Competitive Landscape
  • 5.1 Company Market Share/Positioning Analysis
  • 5.2 Key Strategies Adopted by Players
  • 5.3 Vendor Landscape
    • 5.3.1 List of Suppliers
    • 5.3.2 List of Buyers

Chapter 6: Serviced Apartments Market Company Profiles
  • 6.1 Competitive Landscape
    • 6.1.1 Competitive Benchmarking
    • 6.1.2 Serviced Apartments Market Share by Manufacturer (2023)
    • 6.1.3 Industry BCG Matrix
    • 6.1.4 Heat Map Analysis
    • 6.1.5 Mergers and Acquisitions
  • 6.2 Ascott, Marriott Executive Apartments, Fraser Suites, Oakwood, Extended Stay America, Adagio Aparthotels, Staybridge Suites, AKA, Blueground, Quest Apartment Hotels, Bridgestreet, Cheval Collection, Synergy Global Housing, The Apartment Service, Roomspace, National Corporate Housing, SACO Apartments, Corporate Stays, SilverDoor, Zoku
    • 6.2.1 Company Overview
    • 6.2.2 Product/ Services Offerings
    • 6.2.3 SWOT Analysis
    • 6.2.4 Financial Performance
    • 6.2.5 KEY Strategies
    • 6.2.6 Key Strategic Moves and Recent Initiatives

Chapter 7: Serviced Apartments Market, By Type
  • 7.1 Overview
    • 7.1.1 Market size and forecast
  • 7.2 Luxury, Standard, Extended Stay, Corporate, Vacation Rentals
    • 7.2.1 Key market trends, factors driving growth, and opportunities
    • 7.2.2 Market Size Estimates and Forecasts to 2032, by region
    • 7.2.3 Market analysis by country

Chapter 8: Serviced Apartments Market, By Application
  • 8.1 Overview
    • 8.1.1 Market size and forecast
  • 8.2 Business Travel, Relocations, Tourism, Remote Work
    • 8.2.1 Key market trends, factors driving growth, and opportunities
    • 8.2.2 Market Size Estimates and Forecasts to 2032, by region
    • 8.2.3 Market analysis by country

Chapter 9: Analyst Viewpoint and Conclusion
  • 9.1 Recommendations and Concluding Analysis
  • 9.2 Potential Market Strategies

Chapter 10: RESEARCH METHODOLOGY
  • 10.1 Overview
  • 10.2 Data Mining
  • 10.3 Secondary Research
  • 10.4 Primary Research
    • 10.4.1 Primary Interviews and Information Gathering Process
    • 10.4.2 Breakdown of Primary Respondents
  • 10.5 Forecasting Model
  • 10.6 Market Size Estimation
    • 10.6.1 Bottom-Up Approach
    • 10.6.2 Top-Down Approach
  • 10.7 Data Triangulation
  • 10.8 Validation

Tables & Figures:
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Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Serviced Apartments Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
Why is the Serviced Apartments Market trending toward high growth trajectories?
A dynamic process in the Serviced Apartments Market is initiated by new entrants, including competitors from unrelated industries, in addition to the established players like Ascott, Marriott Executive Apartments, Fraser Suites, Oakwood, Extended Stay America, Adagio Aparthotels, Staybridge Suites, AKA, Blueground, Quest Apartment Hotels, Bridgestreet, Cheval Collection, Synergy Global Housing, The Apartment Service, Roomspace, National Corporate Housing, SACO Apartments, Corporate Stays, SilverDoor, Zoku.
What is the Serviced Apartments Market really preparing for?
Companies in the Serviced Apartments Industry will need to adapt swiftly to the behavioral changes that are reshaping consumer decision journeys.
Who are the significant end-users in the Serviced Apartments Market?
The key end-users in the Serviced Apartments Market are Business Travel, Relocations, Tourism, Remote Work
What years are taken into account in the Serviced Apartments Market study?
The Serviced Apartments Market study evaluates the year spans as follows: Historical year: 2019 to 2024; Base year: 2024; Forecast period**: 2025 to 2030 [** unless otherwise stated]
What is really changing the Serviced Apartments Market behavior?
Consumer behavior changes will reshape the entire decision-making process and companies in the Serviced Apartments Industry will need to adapt quickly.
What makes the latest Serviced Apartments Market study unique?
The latest version of the Serviced Apartments Market study includes a market size breakdown by relevant business segments, applications, and geography, as well as qualitative insights such as Patent Analysis*, Market Entropy, Key Development Activities, Market Dynamics, PEST and PORTER models, and more.