China Serviced Apartment Market Size, Share & Growth Report By [2034]

China Serviced Apartment Market Size & Outlook, 2026-2034

Last Updated : 27 July, 2026 | Study Period : 2022-2034 | Format : PDF, Excel | Author : Abigail Foster

China Serviced Apartment Market Insights

As highlighted in Deep Market Insights analysis, the China Serviced Apartment Market, worth USD 4394.67 Million in 2025, is forecasted to achieve USD 8797.73 Million by 2034.
The China market is anticipated to grow at a CAGR of 8% during the period 2026–2034.
By 2025, Short-term represented the largest share of the Stay duration market size.
Short-term is expected to remain the key growth driver within Stay duration, registering the fastest CAGR during the forecast period.

Other Key Findings

China accounted for 12.04% of the global Serviced Apartment Market size in 2025.
By 2034, United States is expected to remain the top global market in terms of size.
Within Asia Pacific, China is forecasted to dominate the regional Serviced Apartment Market size by 2034.
Korea will be the fastest-growing market in Asia Pacific, projected to achieve USD 1279.45 Million by 2034.

China Serviced Apartment Market Dynamics

China's serviced apartment market continues expanding through increasing corporate travel, international business activity, urbanization, and rising demand for flexible long-term accommodation. Business travelers, expatriates, relocating professionals, and project-based employees increasingly prefer serviced apartments combining residential comfort with premium hospitality services.
Corporate employers, relocation agencies, online travel platforms, hospitality companies, multinational organizations, and digital booking providers strengthen accessibility through integrated distribution channels. Operators increasingly improve direct booking systems, personalized accommodation packages, and loyalty initiatives to strengthen customer retention and occupancy performance.
Providers invest in premium furnishings, smart building technologies, sustainable property management, wellness facilities, flexible lease arrangements, and digital guest services to strengthen competitive differentiation. Innovation also emphasizes contactless experiences, energy-efficient operations, personalized hospitality, and integrated business amenities supporting evolving traveler expectations.
Serviced apartment operators collaborate with property developers, hospitality technology firms, relocation companies, corporate employers, online travel agencies, and facility management providers to strengthen operational efficiency and service quality. Continued investment in premium accommodation, digital innovation, and sustainability reinforces competitiveness across China's serviced apartment industry.

Key Industry Insights

Corporate relocation drives demand.
Flexible accommodation supports occupancy.
Smart buildings improve guest satisfaction.
Digital booking enhances convenience.

China Serviced Apartment Market Stay duration 2026-2034 (USD Million)

Stay duration	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Short-term	XX.x	XX.x	XX.x	2020.67	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Mid-term	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Long-term	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	4,394.67	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

China Serviced Apartment Market Service level 2026-2034 (USD Million)

Service level	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Furnished	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Luxury serviced	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

China Serviced Apartment Market Customer 2026-2034 (USD Million)

Customer	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Corporate	XX.x	XX.x	XX.x	2056.27	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Leisure	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Relocation	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	4,394.68	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

China Serviced Apartment Market Property type 2026-2034 (USD Million)

Property type	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Studio	XX.x	XX.x	XX.x	2063.3	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
1-bedroom	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Multi-bedroom	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	4,394.67	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Inside This Report

This section examines China's serviced apartment market through evolving travel patterns, accommodation preferences, service innovation, and competitive strategies. It highlights how operators strengthen competitiveness by expanding premium serviced apartment offerings, improving digital guest engagement, and investing in sustainable hospitality solutions.

Country market landscape: Reviews China's serviced apartment ecosystem.
Consumer and purchasing trends: Explores extended-stay preferences.
Service innovation and distribution: Covers flexible accommodation and booking platforms.
Competitive and industry developments: Highlights hospitality innovation and sustainability.

Report Summary

Report Scope	Details
Base Year for Study	2025
Study Period	2022-2034
Historical Period	2022-2024
Forecast Period	2026-2034
Market Size In 2025	USD 4394.67 Million
Market Size In 2034	USD 8797.73 Million
Largest segment	Short-term
Units	Revenue in USD Million
CAGR	8% (2026-2034)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends