US Serviced Apartment Market To Reach $44 Billion By 2033

According to a new report by Grand View Research, Inc., the American serviced apartment market size is expected to reach USD 44.03 billion by 2033, driven by strong corporate and relocation demand, rising numbers of digital nomads, and remote workers.

A preference for private, fully equipped accommodation near business hubs further boosts demand, while companies favor direct corporate contracts for convenience and cost efficiency, while wellness and sustainability are key. Eco-friendly measures such as energy efficiency, sustainable materials and waste reduction appeal to health-conscious and environmentally aware American business travellers.

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