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.
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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.
