The 2024 Global Serviced Apartment Industry Report (GSAIR) produced by ASAP Agent Member Ariosi, shows that Corporate Travel has levelled off following a peak in 2022 and has declined since 2023.
Based on a bespoke survey of around 3,000 travel and mobility managers, agents, relocation and travel management companies, serviced apartment and corporate housing operators, the report deduced 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.
