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
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This report addresses:
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- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
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Table of Contents
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
Report Attribute | Details |
---|---|
No. of Pages | 90 |
Published | September 2025 |
Forecast Period | 2025 - 2033 |
Estimated Market Value ( USD | $ 6.83 Billion |
Forecasted Market Value ( USD | $ 16.73 Billion |
Compound Annual Growth Rate | 11.8% |
Regions Covered | Brazil |
No. of Companies Mentioned | 11 |