Accommodation, Hospitality & Personal Services

Serviced Apartments: Market Size, Growth & Forecast to 2030

The Serviced Apartments market is valued at about $139.74 billion (2026) and is projected to grow at a 11.9% CAGR through 2030. The largest cost driver is Real estate rent and lease costs (45% of spend).

Market size
$139.7 bn (2026)
CAGR to 2030
+11.9%
Buyer power
Favours buyers
Tracked suppliers
45
Projected market growth (index, 2026 = 100)
Base year 2026
Official data · Claight projectionForecast
Market size index, 2026 = 100, at the 11.9% CAGR.
Forecast
2026
2027
2028
2029
2030
2031
2026 base: 1002031 est: 175

Cost structure

Real estate rent and lease costs
45%
Labor and property management
25%
Utilities and telecom
12%
Maintenance, cleaning, and turnover supplies
10%
Marketing and distribution channel fees
8%

Key suppliers

The Ascott LimitedMarriott International (Marriott Executive Apartments)Frasers HospitalitySonder HoldingsStaycity GroupBridgeStreet Global Hospitality
Read the full Serviced Apartments report →

Claight market analysis of proprietary and public data. Full report: /category-intelligence/serviced-apartments