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Serviced Apartment Market Size, Share and Forecast 2026-2036

The global serviced apartment market is worth USD 45.6 bn in 2026 and is forecast to reach USD 81.6 bn by 2036, growing at a 6.0% CAGR. United States is the largest country market and Long stay (over 30 nights) is the largest by length of stay segment.

USD 45.6 bnMarket size 2026
USD 81.6 bnForecast 2036
6.0%CAGR 2026-2036
United StatesLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

Market overview

The global serviced apartment market is worth USD 45.6 bn in 2026 and is forecast to reach USD 81.6 bn by 2036, growing at a 6.0% CAGR. United States is the largest country market and Long stay (over 30 nights) is the largest by length of stay segment.

ScopeRevenue from serviced apartments: furnished self-catering apartments with hotel-style services, rented for short, medium and long stays.
IndustryTravel and Tourism
Value 2025USD 43.0 bn
Value 2026USD 45.6 bn
Value 2036USD 81.6 bn
CAGR 2026-20366.0%
Volume 2026309 million apartment nights
Volume 2036411 million apartment nights
Average price 2026USD 148 per apartment night
Report priceStarts from USD 1,999
PublishedNovember 2026

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Serviced Apartment market size and forecast, 2026-2036

Exhibit 1The global serviced apartment market is forecast to grow from USD 45.6 bn in 2026 to USD 81.6 bn by 2036, a rise of 79%Global market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 6.0%
Serviced Apartment market value, 2025 to 2036Market value by year. 2025: USD 43.0 bn; 2026: USD 45.6 bn; 2027: USD 48.3 bn; 2028: USD 51.2 bn; 2029: USD 54.3 bn; 2030: USD 57.5 bn; 2031: USD 61.0 bn; 2032: USD 64.7 bn; 2033: USD 68.5 bn; 2034: USD 72.6 bn; 2035: USD 77.0 bn; 2036: USD 81.6 bn. Compound annual growth rate 2026 to 2036: 6.0%.202545.6 bn202661.0 bn203181.6 bn20366.0% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 45.6 bn
2027USD 48.3 bn
2028USD 51.2 bn
2029USD 54.3 bn
2030USD 57.5 bn
2031USD 61.0 bn
2032USD 64.7 bn
2033USD 68.5 bn
2034USD 72.6 bn
2035USD 77.0 bn
2036USD 81.6 bn

Serviced Apartment market segmentation

By length of stay

Exhibit 2Long stay (over 30 nights) is the largest segment by length of stay, with 35.0% of 2026 revenueEstimated share of 2026 global revenue, by length of stay
Serviced Apartment market share by length of stay, 2026Share of 2026 revenue by length of stay. Long stay (over 30 nights): 35.0%; Short stay (up to 7 nights): 34.0%; Medium stay (8 to 30 nights): 31.0%.Long stay (over 30 nights)35.0%Short stay (up to 7 nights)34.0%Medium stay (8 to 30 nights)31.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Short stay (up to 7 nights)34.0%30.8%USD 15.5 bn5.0%
Medium stay (8 to 30 nights)31.0%30.9%USD 14.1 bn6.0%
Long stay (over 30 nights)35.0%38.3%USD 16.0 bn7.0%

By class

Exhibit 3Upscale adds the most revenue by class, growing from USD 14.6 bn in 2026 to USD 26.1 bn by 2036Estimated revenue in USD by class, 2026 and 2036 forecast
Serviced Apartment market by class, 2026 and 2036Revenue by class in 2026 and 2036. Upscale: USD 14.6 bn in 2026, USD 26.1 bn in 2036, change +79%; Midscale: USD 13.7 bn in 2026, USD 24.5 bn in 2036, change +79%; Economy: USD 9.1 bn in 2026, USD 15.6 bn in 2036, change +71%; Luxury: USD 8.2 bn in 2026, USD 15.4 bn in 2036, change +88%.20262036 forecastChangeUpscale+79%14.6 bn26.1 bnMidscale+79%13.7 bn24.5 bnEconomy+71%9.1 bn15.6 bnLuxury+88%8.2 bn15.4 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Luxury18.0%18.9%USD 8.2 bn6.5%
Upscale32.0%32.0%USD 14.6 bn6.0%
Midscale30.0%30.0%USD 13.7 bn6.0%
Economy20.0%19.1%USD 9.1 bn5.5%

By operator type

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Hotel-brand serviced residences32.0%35.0%USD 14.6 bn7.0%
Specialist operators30.0%30.0%USD 13.7 bn6.0%
Independent and owner-run26.0%23.0%USD 11.9 bn4.7%
Platform-managed apartments12.0%12.0%USD 5.5 bn6.0%

By guest type

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Corporate relocation34.0%31.0%USD 15.5 bn5.0%
Project and contract workers18.0%17.0%USD 8.2 bn5.4%
Leisure and family24.0%27.0%USD 10.9 bn7.3%
Insurance and temporary housing12.0%12.0%USD 5.5 bn6.0%
Medical and education stays12.0%13.0%USD 5.5 bn6.8%

By unit size

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Studio34.0%32.0%USD 15.5 bn5.4%
1-bedroom36.0%35.0%USD 16.4 bn5.7%
2-bedroom20.0%21.0%USD 9.1 bn6.5%
3-bedroom and larger10.0%12.0%USD 4.6 bn8.0%

Top 25 countries for serviced apartment by revenue

Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 78.5% of 2026 revenue and the 25 countries below together hold 94.4%.

Exhibit 4United States is the largest country market at USD 15.0 bn in 2026, and the three largest countries hold 50.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Serviced Apartment market, ten largest countries in 2026Ten largest countries by 2026 revenue. United States: USD 15.0 bn, 33.0%; China: USD 4.1 bn, 9.0%; United Kingdom: USD 3.6 bn, 8.0%; Australia: USD 2.3 bn, 5.0%; Japan: USD 2.3 bn, 5.0%; Germany: USD 2.3 bn, 5.0%; France: USD 1.8 bn, 4.0%; United Arab Emirates: USD 1.6 bn, 3.5%; Singapore: USD 1.4 bn, 3.0%; Spain: USD 1.4 bn, 3.0%.United States15.0 bn 33.0%China4.1 bn 9.0%United Kingdom3.6 bn 8.0%Australia2.3 bn 5.0%Japan2.3 bn 5.0%Germany2.3 bn 5.0%France1.8 bn 4.0%United Arab Emirates1.6 bn 3.5%Singapore1.4 bn 3.0%Spain1.4 bn 3.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1United StatesUSD 15.0 bn33.0%USD 25.0 bn5.2%
2ChinaUSD 4.1 bn9.0%USD 9.5 bn8.7%
3United KingdomUSD 3.6 bn8.0%USD 6.0 bn5.2%
4AustraliaUSD 2.3 bn5.0%USD 3.8 bn5.1%
5JapanUSD 2.3 bn5.0%USD 4.2 bn6.2%
6GermanyUSD 2.3 bn5.0%USD 4.0 bn5.8%
7FranceUSD 1.8 bn4.0%USD 3.2 bn5.7%
8United Arab EmiratesUSD 1.6 bn3.5%USD 3.3 bn7.7%
9SingaporeUSD 1.4 bn3.0%USD 2.4 bn5.6%
10SpainUSD 1.4 bn3.0%USD 2.5 bn6.3%
11CanadaUSD 1.3 bn2.8%USD 2.3 bn6.1%
12IndiaUSD 1.1 bn2.3%USD 2.0 bn6.8%
13South KoreaUSD 884 mn1.9%USD 1.6 bn6.1%
14NetherlandsUSD 743 mn1.6%USD 1.2 bn5.3%
15ItalyUSD 624 mn1.4%USD 1.1 bn5.4%
16SwitzerlandUSD 524 mn1.1%USD 882 mn5.3%
17Saudi ArabiaUSD 438 mn1.0%USD 857 mn7.0%
18Hong KongUSD 369 mn0.8%USD 669 mn6.1%
19ThailandUSD 310 mn0.7%USD 604 mn6.9%
20MalaysiaUSD 260 mn0.6%USD 506 mn6.9%
21IrelandUSD 219 mn0.5%USD 400 mn6.2%
22QatarUSD 182 mn0.4%USD 359 mn7.0%
23BrazilUSD 155 mn0.3%USD 278 mn6.0%
24IndonesiaUSD 128 mn0.3%USD 253 mn7.1%
25VietnamUSD 109 mn0.2%USD 212 mn6.8%
Rest of worldUSD 2.5 bn5.6%USD 4.6 bn6.0%
Exhibit 5United States and China account for 42% of the USD 36.0 bn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Serviced Apartment market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 45.6 bn. United States: +USD 9.9 bn; China: +USD 5.4 bn; United Kingdom: +USD 2.4 bn; Japan: +USD 1.9 bn; United Arab Emirates: +USD 1.8 bn; 20 other countries: +USD 12.7 bn; Rest of world: +USD 2.0 bn. Market value 2036: USD 81.6 bn.Market value 202645.6 bnUnited States+9.9 bnChina+5.4 bnUnited Kingdom+2.4 bnJapan+1.9 bnUnited Arab Emirates+1.8 bn20 other countries+12.7 bnRest of world+2.0 bnMarket value 203681.6 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

Competitive landscape

Group 1: Global leaders

  • Ascott
  • Marriott International
  • Hilton
  • Extended Stay America
  • Frasers Hospitality
  • Accor

Group 2: Regional and specialist players

  • Oakwood Worldwide
  • TFE Hotels
  • Staycity
  • Adagio
  • Quest Apartment Hotels
  • Meriton Suites
  • Oaks Hotels & Resorts
  • Lanson Place

Group 3: Emerging and niche players

  • Zoku
  • Cheval Collection
  • Saco
  • Blueground
  • Mint House
  • limehome
  • Numa

Research methodology

Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the serviced apartment market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.

The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 6.0% is calculated from the resulting values.

The market is divided by length of stay, by class, by operator type, by guest type, by unit size. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.

Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.

Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.

Read the full research methodology

Frequently asked questions

How big is the serviced apartment market?

The global serviced apartment market is estimated at USD 43.0 bn in 2025 and USD 45.6 bn in 2026.

How fast will the serviced apartment market grow?

It is forecast to reach USD 81.6 bn by 2036, a compound annual growth rate of 6.0% from 2026, an increase of USD 36.0 bn.

Which country is the largest market for serviced apartment?

United States is the largest market by revenue at USD 15.0 bn in 2026, 33.0% of the global total. The three largest countries together hold 50.0%.

Which country is growing fastest?

Among the ten largest markets, China is growing fastest at 8.7% a year from 2026 to 2036.

Which serviced apartment segment is largest?

In the by length of stay split, Long stay (over 30 nights) is the largest segment with 35.0% of 2026 revenue.

Who are the leading serviced apartment companies?

Global leaders include Ascott, Marriott International, Hilton, Extended Stay America.

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