Trends in Corporate Housing in 2023
In the dynamic landscape of corporate housing, 2023 imparted valuable lessons and witnessed noteworthy achievements. At Apartool, we’ve compiled a brief report on the key trends of 2023 and what’s already scheduled for 2024.
Highlights of 2023
Business travel rebounded significantly, solidifying corporate housing as the preferred choice for business trips, boasting an average stay of 65 nights. Most companies have relocated their employees to major cities, especially prominent international ones. Western destinations such as Paris, Barcelona, London, New York, San Francisco, Madrid, and Milan stand out, while Dubai, Abu Dhabi, and Riyadh shine in the Middle East.
Ready for 2024
The 2024 calendar promises major events, from the Asian Cup in Qatar to the Eurocup in Germany and the Olympic Games in Paris. These events will displace numerous professionals, leading to an increased demand for accommodations. That’s why it’s crucial to stay ahead.