Serviced apartment report reveals key trends
“Corporate travel has levelled off following a peak in 2022 and has declined since 2023, according to the 2024 Global Serviced Apartment Industry Report (GSAIR).” says Bev Fearis
in The Business Travel Magazine
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Press
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“Corporate travel has levelled off following a peak in 2022 and has declined since 2023, according to the 2024 Global Serviced Apartment Industry Report (GSAIR).
The report, based on a bespoke survey of around 3,000 travel and mobility managers, agents, relocation and travel management companies, plus serviced apartment and corporate housing operators, found there are now fewer but longer stays.
It concluded that this is due to reviews of post-pandemic travel programmes, growing corporate commitment to sustainability and the adoption of purposeful travel.
“2024 should be seen as the new normal,” the report said.”…