Corporate Housing in the UK: Market Size, Businesses & Forecast 2026

The corporate housing industry in the United Kingdom comprises professionally managed, fully furnished serviced apartments and temporary residential properties tailored primarily for business travelers, relocating professionals, and corporate assignees. According to an independent study published by the Association of Serviced Apartment Providers (ASAP) in 2024, the UK serviced apartment market represents more than 56,700 accommodation units across the country. The sector serves as a vital component of the broader hospitality and corporate mobility landscape, generating an official total market value of £1.7 billion in 2022, which includes £1.2 billion from professionally-run operations and

Industry snapshot

Key public data points

Historical & forecast

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What does the Corporate Housing in the UK industry cover?

The corporate housing industry provides temporary, turn-key residential accommodation solutions for business travelers, executives, and relocating employees who require extended stays exceeding typical hotel durations. These properties are fully furnished, self-contained units equipped with domestic utilities, integrated kitchens, and high-speed communications infrastructure designed to offer a home-like environment. The scope covers both dedicated serviced apartment blocks and dispersed residential portfolios managed exclusively for corporate contracts.

• •Primary consumer distribution consists of business travelers accounting for 45% of the market share, alongside professionals relocating to the UK at 23% based on 2024 sector metrics.
• •Geographic concentration is heavily weighted toward England, which contains 87% of all available properties, followed by Scotland at 9%.
• •Properties are structurally partitioned by planning definitions, with 71% operating under C1 (Hotels) use class and 26% under C3 (Dwelling houses) use class designations.

Who operates in the industry and how is it structured?

The UK market structure features a mix of branded apartment operators, asset managers, and global corporate housing providers that manage inventory via master leases or direct ownership. Out of the nationwide stock, approximately half of the units are organized under established brands, with trade association members overseeing a significant portion of this institutional supply. Operators rely on high-occupancy corporate agreements combined with direct digital sales to mitigate seasonal tourism fluctuations.

• •Branded inventory represents a distinct subset of 28,566 serviced apartments out of the total national supply documented in 2024.
• •ASAP operator members directly represent 41% of the institutional, branded corporate accommodation asset base.
• •Distribution relies on direct commercial relationships, with direct bookings commanding nearly 48.3% of sector allocation channels.

What drives demand in the industry?

Demand is heavily driven by cross-border corporate relocation, international project deployments, and the evolution of workplace strategies that emphasize extended-stay business trips. Additionally, post-Brexit immigration frameworks have prompted firms to establish formal, structured corporate relocation programs that depend on compliant transitional housing. The domestic corporate workforce also contributes a steady baseline of demand for mid-term accommodation during localized commercial developments.

• •The overall market relies on a blend of geographic source markets, divided between 59% domestic guests and 41% international corporate travelers.
• •Structural workforce mobility shifting toward project-based technical roles acts as a primary catalyst for mid-to-long term corporate bookings.
• •Corporate contracts provide a stable revenue buffer, minimizing the impact of standard leisure tourism downturns.

Who are the notable companies in the industry?

The competitive ecosystem in the UK is highly active, featuring prominent multinational hospitality conglomerates, dedicated corporate housing networks, and specialized property management platforms. Major operators expand their footprints across primary commercial hubs such as London, Birmingham, Manchester, and Edinburgh by securing institutional real estate partnerships. Competition focuses on technological integration, guest app delivery, and operational compliance to satisfy stringent corporate procurement standards.

• •The Ascott Limited (a wholly owned subsidiary of CapitaLand Investment) operates an extensive network of premium corporate residences across key UK metropolitan centers.
• •Staycity Ltd (including its Wilde Aparthotels brand) represents a major regional operator expanding its extended-stay footprint across the UK.
• •National Corporate Housing and Blueground operate as key global corporate housing providers, delivering flexible, turn-key relocation apartments throughout London and the South East.
• •SilverDoor Apartments functions as a dominant global corporate housing agent and marketplace, driving substantial transaction volumes within the UK corporate sector.

What are the recent trends and outlook?

Recent developments are defined by a strong operator pivot toward long-term corporate procurement strategies and integrated digital client portals to reduce reliance on third-party online travel agencies. Sector integration with flexible workspace provisions and sustainable BREEAM-certified environmental standards is increasingly standard for institutional operators. The pipeline remains resilient, supported by steady corporate mobility needs across global finance, technology, and engineering sectors.

• •Long-term bookings exceeding 30 nights are realizing consistent growth trajectory due to workplace structural relocations.
• •Institutional adoption of rigorous third-party building certifications, such as BREEAM In-Use, is advancing among corporate housing assets.
• •Direct API integrations between corporate procurement platforms and property management systems are accelerating operational efficiencies.

How is the industry regulated?

The regulatory framework for UK corporate housing is shifting rapidly as the government implements stricter oversight regarding short-term rentals and property use classifications. Corporate clients mandate absolute compliance with health, safety, and fire safety legislation, making informal rental networks unviable for institutional relocation. Tax alterations have also impacted the broader private rental landscape, reinforcing the value of professional corporate operations.

• •The absolute abolition of the Furnished Holiday Lettings (FHL) tax regime took effect on 6 April 2025, restructuring property tax liabilities for standard short-stay accommodations.
• •The UK government’s statutory consultations on short-term lets regulation are actively driving standardization across planning classes C1 and C3.
• •Making Tax Digital (MTD) for Income Tax introduces mandatory digital record-keeping guidelines impacting operators beginning in April 2026.

Government, statistical and trade sources used for this Claight analysis.

• Association of Serviced Apartment Providers Independent Review 2024 ·
• UK Companies House SIC Code Framework 2026 ·
• HM Revenue & Customs Tax Guidelines 2025