Global Workforce Mobility Fueling Serviced Apartment Demand

Sandra Taylor21 Jul, 2025Business

Global Serviced Apartment Market Analysis & Forecast (2024–2034) The Serviced Apartment Market is witnessing dynamic growth driven by increasing demand for flexible, comfortable, and affordable accommodation. As an experienced market research analyst, I observe a structural shift in both corporate and leisure travel that is reinforcing the appeal of serviced apartments worldwide. This sector is well-positioned for future expansion, especially as travelers prioritize longer stays, convenience, and value over traditional hotel alternatives. The market size is expected to be worth around USD 186.9 Billion by 2034, up from USD 95.9 Billion in 2024, growing at a compound annual growth rate (CAGR) of 6.9% during the forecast period from 2025 to 2034.