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.

More News & Views

by Becky Hoyle • 16 September 2026
New data from revenue management platform PriceLabs shows that Europe's heatwave summer did less to disrupt travel patterns than many expected. The biggest shift is that the summer high season is extending into September. Bookings for this month jumped across almost every market analysed, from Murcia in Spain to Bergen in Norway, as travellers seek cooler weather and fewer crowds rather than avoiding the season altogether. Read more
by Becky Hoyle • 8 September 2026
European serviced apartment operator, ASAP Operator Member Cityus has established a dedicated French corporate entity and expanded its central serviced apartment portfolio in Paris to meet growing corporate demand across European business hubs. Alongside this legal structuring, Cityus has added newly furnished studio and one-bedroom apartments across prime business districts, specifically the 7th, 8th and 17th Arrondissements, with a continuous pipeline of additional central properties planned for delivery throughout the coming year. Download press release
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by Becky Hoyle • 16 September 2026
New data from revenue management platform PriceLabs shows that Europe's heatwave summer did less to disrupt travel patterns than many expected. The biggest shift is that the summer high season is extending into September. Bookings for this month jumped across almost every market analysed, from Murcia in Spain to Bergen in Norway, as travellers seek cooler weather and fewer crowds rather than avoiding the season altogether. Read more
by Becky Hoyle • 8 September 2026
European serviced apartment operator, ASAP Operator Member Cityus has established a dedicated French corporate entity and expanded its central serviced apartment portfolio in Paris to meet growing corporate demand across European business hubs. Alongside this legal structuring, Cityus has added newly furnished studio and one-bedroom apartments across prime business districts, specifically the 7th, 8th and 17th Arrondissements, with a continuous pipeline of additional central properties planned for delivery throughout the coming year. Download press release

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