Mexico Serviced Apartment Market Size & Outlook, 2025-2033
Mexico Serviced Apartment Market Insights
- Based on Deep Market Insights findings, the Mexico Serviced Apartment Market reached USD 1095.17 Million in 2024 and is estimated to attain USD 2146.67 Million by 2033.
- From 2025 to 2033, the Mexico market is expected to grow at a steady CAGR of 7.82%.
- Within the Stay duration category, Short-term dominated in 2024 in terms of market size contribution.
- Over the forecast period, Mid-term is forecasted to deliver the fastest growth, positioning it as the most lucrative Stay duration segment.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- In 2024, Mexico represented 3.32% of the overall global Serviced Apartment Market size.
- United States is projected to lead the global Serviced Apartment Market size by 2033.
- Across LATAM, Brazil is anticipated to hold the dominant position in market size by 2033.
- Brazil is forecasted to expand at the fastest pace in LATAM, attaining USD 2339.56 Million by 2033.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2033 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 1095.17 Million |
| Market Size In 2033 | USD 2146.67 Million |
| Largest segment | Short-term |
| Units | Revenue in USD Million |
| CAGR | 7.82% (2025-2033) |
| Segmnetation Covered | |
| Stay duration |
|
| Service level |
|
| Customer |
|
| Property type |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Mexico Serviced Apartment Market Stay duration 2025-2033 (USD Million)
| Stay duration | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Short-term | XX.x | XX.x | XX.x | 496.99 | 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 | 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.
Mexico Serviced Apartment Market Service level 2025-2033 (USD Million)
| Service level | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Furnished | XX.x | XX.x | XX.x | 709.24 | 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.
Mexico Serviced Apartment Market Customer 2025-2033 (USD Million)
| Customer | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Corporate | XX.x | XX.x | XX.x | 588.88 | 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 | 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.
Mexico Serviced Apartment Market Property type 2025-2033 (USD Million)
| Property type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Studio | XX.x | XX.x | XX.x | 520.98 | 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 | 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.