U.S. Takes the Lead While UK and Australia Follow in Serviced Apartment Market


Posted February 6, 2025 by Datastring

U.S., UK and Australia are the major demand hubs within the $143.1 billion Serviced Apartment market and expected to grow with CAGR ranging from 12.5% to 16.7% for the period of 2025 and 2030.

 
U.S., UK and Australia are the major demand hubs within the $143.1 billion Serviced Apartment market and expected to grow with CAGR ranging from 12.5% to 16.7% for the period of 2025 and 2030. Moreover, the key opportunities, such as serviced apartment market meets millennials and gen z, customized living experience and serviced apartments for the remote work culture, are anticipated to create opportunistic revenue pockets.

The Serviced Apartment market is intensely competitive in few application areas. Leading players such as Ascott Limited, Bridgestreet, Frasers Hospitality, Quest Apartment Hotels, Oakwood Worldwide, Citadines, Homelike, iQ Student Accommodation, SilverDoor Apartments, Synergy Global Housing, TheSqua.re and Treetop Development are pushing the boundaries of innovation & technological advancements and forging strategic partnerships.

Check detailed insights here - ๐ก๐ญ๐ญ๐ฉ๐ฌ://๐๐š๐ญ๐š๐ฌ๐ญ๐ซ๐ข๐ง๐ ๐œ๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ .๐œ๐จ๐ฆ/๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ-๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ/๐ฌ๐ž๐ซ๐ฏ๐ข๐œ๐ž๐-๐š๐ฉ๐š๐ซ๐ญ๐ฆ๐ž๐ง๐ญ-๐ฆ๐š๐ซ๐ค๐ž๐ญ-๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก-๐ซ๐ž๐ฉ๐จ๐ซ๐ญ

Research Study analyse the new revenue pockets, emerging markets, competition landscape, opportunities & niche insights for Stay duration (Short-term stay, Medium-term stay, Long-term stay), Accommodation type (Studio apartments, One-bedroom apartments, Multi-bedroom apartments) and Package offerings (Basic services, executive services).

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ญ๐ซ๐š๐ง๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐ข๐ญ๐ฌ ๐ข๐ฆ๐ฉ๐š๐œ๐ญ

Industry transition including "rise of the digital nomad and emergence of eco-friendly initiatives, are transforming the eco system of Serviced Apartment market. The industry of serviced apartments is embracing sustainability as consumer awareness grows in this area prompting providers to adopt eco practices such as energy efficient settings, with green amenities and recycling initiatives aimed at reducing water usage.

๐€๐›๐จ๐ฎ๐ญ ๐ƒ๐š๐ญ๐š๐’๐ญ๐ซ๐ข๐ง๐  ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ 

DataString Consulting offers complete range of market research and business intelligence solutions for both B2C and B2B markets all under one roof. DataStringโ€™s leadership team has more than 30 years of combined experience in Market & business research and strategy advisory across the world. Our Industry experts and data aggregators continuously track & monitor high growth segments within more than 15 industries and 60 sub-industries.

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Last Updated February 6, 2025