Global Serviced Apartment Market Valued at $112 Billion in 2023, Projected to Reach $249 Billion by 2030
🏠 Grand View Research valued the global serviced apartment market at $112 billion in 2023, projecting growth to $249 billion by 2030, with a 12.7% CAGR. Hilton launches nearly 3,000 units, joining its 10,000 existing stock, with new locations in New York, DC, and Atlanta. Mandarin Oriental expands to 35 homes, adding properties in Italy and Spain. ROOST debuts 59 rooms in Austin, marking its eighth US location. Wilde Aparthotels expands in Europe, focusing on guest wellbeing. Marriott Bonvoy plans 30 new projects worldwide.
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