Vietnam, Nigeria, and Colombia: The New Frontiers for Serviced Apartment Market Players

Category: Business

Vietnam, Nigeria, and Colombia are the fastest growing demand hubs within the $143.1 billion Serviced Apartment market and expected to grow with a CAGR range of 12.5% and 16.7% for the period of 2025 to 2030. Extended stay provisioning and corporate housing are major application areas for Serviced Apartment and market competition is fierce in these applications. The corporate housing industry heavily relies upon serviced apartments to provide cozy lodging options for employees relocatin gor embarking upon lengthy business travels. They provide an convenient setting that fosters productivity for working professionals while also allowing them to unwind. Oakwood and BridgeStreet are known companies, in the market that offer top notch corporate housing services worldwide. Leading players in such as Ascott Limited, Bridgestreet, Frasers Hospitality, Quest Apartment Hotels, Oakwood Worldwide, Citadines, Homelike, iQ Student Accommodation, SilverDoor Apartments, Synergy Global Housing, TheSqua.re and Treetop Development are pushing the boundaries of innovation and forging strategic partnerships to capture larger market share. Check detailed insights here - https://datastringconsulting.com/industry-analysis/serviced-apartment-market-research-report