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Brazil Serviced Apartment Market Size, Share & Trends Analysis Report by Type (Long-Term (>30 Nights), Short-Term (<30 Nights)), End-use (Corporate/Business Traveler, Leisure Travelers), Booking Mode, and Growth Forecasts, 2025-2033

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    Report

  • 90 Pages
  • September 2025
  • Region: Brazil
  • Grand View Research
  • ID: 6176762
The Brazil serviced apartment market size was estimated at USD 6.83 Billion in 2025 and is expected to reach USD 16.73 billion by 2033, expanding at a CAGR of 11.8% from 2025 to 2033. The Brazil serviced apartment sector is experiencing rapid growth, driven by increasing recognition among both business and leisure travelers of the advantages these flexible accommodations provide. Economic recovery, tourism growth, and evolving consumer preferences are some of the factors expected to drive the growth of the Brazil serviced apartment industry during the forecast period.

The Brazil serviced apartment market benefits from its broad appeal, catering to a diverse customer base that includes corporate travelers, relocating professionals, students, vacationing families, and individuals requiring a supportive setup for remote work or online learning. This group also extends to modern “digital nomads” seeking flexibility and convenience. Such adaptability ensures steady demand, even during periods of market uncertainty, as demonstrated during the pandemic.

Mega-events, such as Carnival in Rio de Janeiro and São Paulo’s business fairs, continue to attract both leisure and corporate visitors. Serviced apartments provide a unique value proposition for these leisure and corporate travelers by combining hotel-like services with the comfort of private residences. In addition, lifestyle changes among younger generations, who prefer mobility and experience-driven stays over property ownership, further accelerate demand. The rise of digital booking channels, particularly direct platforms, enhances accessibility, further driving the growth of the Brazil serviced apartment industry.

Brazil has seen a gradual rebound in corporate travel following the pandemic, especially in key commercial hubs such as São Paulo, Rio de Janeiro, and Brasília. These cities host multinational corporations, government institutions, and international events, which generate sustained demand for flexible accommodation solutions. Business travelers and expatriates increasingly favor serviced apartments over traditional hotels because of their affordability, home-like amenities, and suitability for medium- to long-term stays. This shift reflects a growing emphasis on cost efficiency and convenience in corporate housing policies. This rebound in corporate travel drives the growth of the Brazil serviced apartment industry.

With increasingly globalized markets, improved air mobility, new technologies, and the demystification of remote work, the demand for serviced apartments will continue to grow, especially in large urban centers, which in turn will drive the growth of the Brazil serviced apartment market. With the wave of mergers and acquisitions that the large hotel chains have gone through in recent years, and the real need to differentiate and create new products and services, there has been a strong increase in long stay and apart hotel products in Brazil, as a loyalty and growth strategy for these hotel chains, providing a standardization of services and products offered.

Brazil Serviced Apartment Market Report Segmentation

This report forecasts revenue growth at the country level and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2021 to 2033. For the purpose of this study, the analyst has segmented the Brazil serviced apartment market report by type, end use, and booking mode:

Type Outlook (Revenue, USD Million, 2021-2033)

  • Long-Term (>30 Nights)
  • Short-Term (< 30 Nights)

End Use Outlook (Revenue, USD Million, 2021-2033)

  • Corporate/Business Traveler
  • Leisure Travelers
  • Expats & Relocators

Booking Mode Outlook (Revenue, USD Million, 2021-2033)

  • Direct Booking
  • Online Travel Agencies
  • Corporate Contracts

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segmental and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listings for you to stay ahead of the curve

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Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Type & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Outlook
2.3. Competitive Landscape Snapshot
Chapter 3. Brazil Serviced Apartment Market Variables and Trends
3.1. Market Introduction
3.2. Industry Value Chain Analysis
3.2.1. Booking Mode Analysis & Trends
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.3.3. Market Opportunities
3.3.4. Market Challenges
3.4. Industry Analysis Tools
3.4.1. Porter’s Five Forces Analysis
3.5. Market Entry Strategies
Chapter 4. Brazil Serviced Apartment Market: Type Estimates & Trend Analysis
4.1. Brazil Serviced Apartment Market, by Type: Key Takeaways
4.2. Type Movement Analysis & Market Share, 2024 & 2033
4.3. Market Estimates & Forecasts, by Type, 2021-2033 (USD Million)
4.3.1. Long-Term (>30 Nights)
4.3.1.1. Market estimates and forecast, 2021-2033 (USD Million)
4.3.2. Short-Term (< 30 Nights)
4.3.2.1. Market estimates and forecast, 2021-2033 (USD Million)
Chapter 5. Brazil Serviced Apartment Market: End Use Estimates & Trend Analysis
5.1. Brazil Serviced Apartment Market, by End Use: Key Takeaways
5.2. End Use Movement Analysis & Market Share, 2024 & 2033
5.3. Market Estimates & Forecasts, by End Use, 2021-2033 (USD Million)
5.3.1. Corporate/Business Traveler
5.3.1.1. Market estimates and forecast, 2021-2033 (USD Million)
5.3.2. Leisure Travelers
5.3.2.1. Market estimates and forecast, 2021-2033 (USD Million)
5.3.3. Expats and Relocators
5.3.3.1. Market estimates and forecast, 2021-2033 (USD Million)
Chapter 6. Brazil Serviced Apartment Market: Booking Mode Estimates & Trend Analysis
6.1. Brazil Serviced Apartment Market, by Booking Mode: Key Takeaways
6.2. Booking Mode Movement Analysis & Market Share, 2024 & 2033
6.3. Market Estimates & Forecasts, by Booking Mode, 2021-2033 (USD Million)
6.3.1. Direct Booking
6.3.1.1. Market estimates and forecast, 2021-2033 (USD Million)
6.3.2. Online Travel Agencies
6.3.2.1. Market estimates and forecast, 2021-2033 (USD Million)
6.3.3. Corporate Contracts
6.3.3.1. Market estimates and forecast, 2021-2033 (USD Million)
Chapter 7. Brazil Serviced Apartment Market: Competitive Analysis
7.1. Recent Developments & Impact Analysis by Key Market Participants
7.2. Company Categorization
7.3. Participant’s Overview
7.4. Financial Performance
7.5. Service Benchmarking
7.6. Company Market Share Analysis, 2024 (%)
7.7. Company Heat Map Analysis, 2024
7.8. Strategy Mapping
7.9. Company Profiles
7.9.1. Marriott International, Inc.
7.9.1.1. Company Overview
7.9.1.2. Financial Performance
7.9.1.3. Service Portfolios
7.9.1.4. Strategic Initiatives
7.9.2. Casai
7.9.2.1. Company Overview
7.9.2.2. Financial Performance
7.9.2.3. Service Portfolios
7.9.2.4. Strategic Initiatives
7.9.3. Accor
7.9.3.1. Company Overview
7.9.3.2. Financial Performance
7.9.3.3. Service Portfolios
7.9.3.4. Strategic Initiatives
7.9.4. Tabas
7.9.4.1. Company Overview
7.9.4.2. Financial Performance
7.9.4.3. Service Portfolios
7.9.4.4. Strategic Initiatives
7.9.5. Corporate Stays
7.9.5.1. Company Overview
7.9.5.2. Financial Performance
7.9.5.3. Service Portfolios
7.9.5.4. Strategic Initiatives
7.9.6. JFL Realty
7.9.6.1. Company Overview
7.9.6.2. Financial Performance
7.9.6.3. Service Portfolios
7.9.6.4. Strategic Initiatives
7.9.7. Q Apartments
7.9.7.1. Company Overview
7.9.7.2. Financial Performance
7.9.7.3. Service Portfolios
7.9.7.4. Strategic Initiatives
7.9.8. Seaflats
7.9.8.1. Company Overview
7.9.8.2. Financial Performance
7.9.8.3. Service Portfolios
7.9.8.4. Strategic Initiatives
7.9.9. Nomah
7.9.9.1. Company Overview
7.9.9.2. Financial Performance
7.9.9.3. Service Portfolios
7.9.9.4. Strategic Initiatives
7.9.10. Yuca
7.9.10.1. Company Overview
7.9.10.2. Financial Performance
7.9.10.3. Service Portfolios
7.9.10.4. Strategic Initiatives
List of Tables
Table 1 Brazil serviced apartment market: Key market driver analysis
Table 2 Brazil serviced apartment market: Key market restraint analysis
Table 3 Brazil serviced apartment market estimates & forecast, 2021-2033, by type (USD Million)
Table 4 Long-term (>30 nights) serviced apartment market estimates & forecast, 2021-2033 (USD Million)
Table 5 Short-term (< 30 nights) serviced apartment market estimates & forecast, 2021-2033 (USD Million)
Table 6 Brazil serviced apartment market estimates & forecast, 2021-2033, by end use (USD Million)
Table 7 Brazil serviced apartment market estimates & forecast, for corporate/business traveler 2021-2033 (USD Million)
Table 8 Brazil serviced apartment market estimates & forecast, for leisure traveler 2021-2033 (USD Million)
Table 9 Brazil serviced apartment market estimates & forecast, for expats and relocators, 2021-2033 (USD Million)
Table 10 Brazil serviced apartment market estimates & forecast, 2021-2033, by booking mode (USD Million)
Table 11 Brazil serviced apartment market estimates & forecast, through direct booking, 2021-2033 (USD Million)
Table 12 Brazil serviced apartment market estimates & forecast, through online travel agencies, 2021-2033 (USD Million)
Table 13 Brazil serviced apartment market estimates & forecast, through corporate contracts, 2021-2033 (USD Million)
Table 14 Recent developments & impact analysis by key market participants
Table 15 Company market share, 2024 (%)
Table 16 Company heat map analysis, 2024
Table 17 Companies implementing key strategies
List of Figures
Figure 1 Brazil serviced apartment market segmentation
Figure 2 Information procurement
Figure 3 Primary research pattern
Figure 4 Primary research approaches
Figure 5 Primary research process
Figure 6 Market snapshot
Figure 7 Segment snapshot
Figure 8 Competitive landscape Snapshot
Figure 9 Parent industry and Brazil serviced apartment market size, 2024 (USD Million)
Figure 10 Brazil serviced apartment market: Value chain analysis
Figure 11 Brazil serviced apartment market: Dynamics
Figure 12 Brazil serviced apartment market: Porter’s five forces analysis
Figure 13 Brazil serviced apartment market, by type: Key takeaways
Figure 14 Brazil serviced apartment market: Type movement analysis, 2024 & 2033 (%)
Figure 15 Long-term (>30 nights) serviced apartment market estimates & forecast, 2021-2033 (USD Million)
Figure 16 Short-term (< 30 nights) serviced apartment market estimates & forecast, 2021-2033 (USD Million)
Figure 17 Brazil serviced apartment market, by end use: Key takeaways
Figure 18 Brazil serviced apartment market: End Use movement analysis, 2024 & 2033 (%)
Figure 19 Brazil serviced apartment market estimates & forecast, for corporate/business traveler, 2021-2033 (USD Million)
Figure 20 Brazil serviced apartment market estimates & forecast, for leisure traveler, 2021-2033 (USD Million)
Figure 21 Brazil serviced apartment market estimates & forecast, for expats and relocators, 2021-2033 (USD Million)
Figure 22 Brazil serviced apartment market, by booking mode: Key takeaways
Figure 23 Brazil serviced apartment market: Booking mode movement analysis, 2024 & 2033 (%)
Figure 24 Brazil serviced apartment market estimates & forecast, through direct booking, 2021-2033 (USD Million)
Figure 25 Brazil serviced apartment market estimates & forecast, through online travel agencies, 2021-2033 (USD Million)
Figure 26 Brazil serviced apartment market estimates & forecast, through corporate contracts, 2021-2033 (USD Million)
Figure 27 Key company categorization
Figure 28 Company market share analysis, 2024
Figure 29 The strategic framework of the Brazil serviced apartment market

Companies Mentioned

The leading players profiled in this Brazil Serviced Apartment market report include:
  • Marriott International, Inc.
  • Casai
  • Accor
  • Tabas
  • Corporate Stays
  • JFL Realty
  • Q Apartments
  • Seaflats
  • Nomah
  • Yuca

Table Information