Market Overview & Key Trends 

• Global business travel is projected to reach $1.57 trillion in 2026.
• APAC is forecast to account for over 40% of global business travel spend, driven by rapid expansion in manufacturing, technology, and cross-border trade.
• Serviced apartments are projected to grow at a 16.9% CAGR through 2033, while average stay length remains steady at 37 nights.
• Middle East instability is adding complexity across global travel.
• Extended-stay hotels and serviced apartments are becoming core components of corporate travel programmes, increasingly used even for stays as short as four days.