Global Corporate Housing Trends in 2023

In 2023, serviced apartments have established themselves as a favourite choice for companies relocating employees for more than three weeks. With business travel increasing to pre-pandemic levels, these fully furnished apartments offer all the functionalities of a home, with daily or weekly housekeeping, concierge assistance and, often, sports facilities. They therefore suit the lifestyle of today's business traveler, who values comfort, functionality and leisure time while on the move. In addition, the combination of services, quality and price positions them as a competitive alternative to hotels, even in large cities

According to data from Apartool, which in 2023 has provided more than 100,000 nights of accommodation in serviced apartments, the average was 65 nights per booking, for travelers who mainly came from consulting, construction, energy or retail companies. Most of these companies have moved their employees to large cities, especially the major international cities. Paris, Barcelona, London, New York, San Francisco, Madrid and Milan stand out among Western destinations, while Dubai, Abu Dhabi and Riyadh stand out in the Middle East. Among the services most in demand by corporate travelers, in addition to wifi service and work space, is the option to stay with their pets.

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Dates with high demand for 2024

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