2024 GSAIR: Corporate demand stabilises and other trends
“For the second year, Ariosi Group Limited has released the findings from the annual GSAIR survey, compiled by Travel Intelligence Network.” says Eloise Hanson
in the Serviced Apartment News
“Worldwide: Serviced apartment consultants Ariosi has published the 2024 Global Serviced Apartment Industry Report (GSAIR).
For the second year, Ariosi Group Limited has released the findings from the annual GSAIR survey, compiled by Travel Intelligence Network.
The majority of the report is based on data from a survey conducted during March and April 2024 amongst 3,000 corporate buyers, serviced apartment operators and agents. Findings were then presented and discussed in a series of interviews with buyers, agents and operators.
Key findings from the 2024 report include:
Stabilised corporate demand
- Corporate travel has levelled off following a peak in 2022 and has declined since 2023, down by 11.18 per cent from 73.68 per cent last year.
- Corporates booking serviced apartments for assignment or project work has increased to 63 per cent, up from 58 per cent in 2023…”