Accommodation, Hospitality & Personal Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Serviced Apartments
Overview
Market size
$145.0B
global, USD
CAGR
7.2%
base to forecast
Buyer power
-1.8
supplier-favoured
Suppliers
6
tracked players
Signals
12
monitored
Market outlook
2031$205.3B
What changed
Demand by region
North America demand38%
Europe demand28%
Asia Pacific demand24%
Rest of world demand10%
share of global demandtotal 100%
Cost drivers
Real estate rent and lease costs45%
Labor and property management25%
Utilities and telecom12%
Maintenance, cleaning, and turnover supplies10%
Marketing and distribution channel fees8%
share of delivered cost (analyst estimate)