How Apartment Hotel Market Players have Encountered Temporary Covid-19 Tailwinds; Worth Watching New Growth Cycle

Apartment Hotel Market Latest Edition Published with Forecast to 2030


According to the report, Increasing demand of the people to global tourism is one of the primary growth factors for the market. Increasing urbanization is also expected to contribute significantly to the Apartment Hotel market. Overall, Travelers applications of Apartment Hotel, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.

New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMA’s Analyst on the Global Apartment Hotel market identified that the demand is rising in many different parts of the world as "New technology develops in Apartment hotels. ". Furthermore, some recent industry insights like "In November 2022, Marriott International, Inc., announced its expansion into apartment-style accommodations and launched Apartments by Marriott Bonvoy TM. The company is seizing upon growing consumer interest among families and friends seeking more space for stays, propelled by the blending of work and leisure travel, and the desire among younger travelers for wider accommodations options." which is constantly making the industry very dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Apartment Hotel market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Apartment Hotel market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Apartment Hotel market size is calculated using market estimation process, the Apartment Hotel market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Apartment Hotel market size has been validated using both top-down and bottom-up approaches.

Praveen Kumar

Head & Director of Sales