Germany Serviced Apartment Market Size, Share & Trends Analysis Report By Type (Long-term, Short-term), By End-use (Corporate/ Business Traveler, Leisure Traveler), By Booking Mode (Direct Booking, Corporate Contracts), And Segment Forecasts, 2025 - 2033

Germany Serviced Apartment Market Trends

The Germany serviced apartment market size was estimated at USD 2.80 billion in 2024 and is projected to reach USD 5.14 billion by 2033, growing at a CAGR of 7.2% from 2025 to 2033. As global mobility resumes and hybrid work reshapes business travel, serviced apartments are gaining traction in major German cities such as Berlin, Frankfurt, Munich, and Hamburg, as well as rising secondary hubs like Leipzig, Düsseldorf, and Stuttgart. This shift is bolstered by Germany’s strong infrastructure, cross-border connectivity, and investment in digital nomad-friendly policies.

A major growth lever in the German market is the sustained inflow of corporate travelers and project-based professionals, especially in sectors such as automotive, pharmaceuticals, IT, and consulting. Companies with regional and global operations frequently place employees in long-term assignments or rotational roles, creating consistent demand for serviced accommodation. Operators such as Adina Apartment Hotels and Brera Serviced Apartments are expanding their footprint in Frankfurt and Munich to cater to this clientele. Adina’s Berlin Mitte property, for example, blends hotel services with apartment-style living, including kitchens, laundry facilities, and wellness amenities designed for extended work-related stays.

Germany is also witnessing a rise in flexible living among remote professionals, freelancers, and international workers. Cities with robust tech scenes, like Berlin and Cologne, have become hotspots for digital nomads seeking both community and autonomy. Providers such as LimeHome and SMARTments business have adapted to this trend by offering seamless check-ins, high-speed connectivity, workstations, and design-forward interiors. Their fully digital operating model and focus on mid- to long-term rentals appeal to remote-first professionals who value convenience without compromising lifestyle.

Leisure tourism and city breaks are further driving demand, especially from domestic travelers and intra-European visitors. The cultural depth and architectural heritage of cities like Dresden, Nuremberg, and Heidelberg are drawing tourists looking for immersive, multi-day stays. Serviced apartments are proving ideal for families and small groups seeking kitchen access, extra space, and affordability. Brands like Staycity and Numa are capturing this demand by offering well-located properties with flexible booking options, smart room technology, and curated local experiences.

Post-pandemic travel preferences are reshaping guest expectations, with an emphasis on cleanliness, autonomy, and hybrid hospitality. This has led to an uptick in properties offering contactless services, mobile key access, and integrated digital concierge platforms. Eco-consciousness is also becoming a priority: providers such as THE FLAG and ipartment have incorporated green building standards, waste-reduction initiatives, and energy-efficient appliances into their design and operations, aligning with the values of sustainability-minded guests.

With changing workforce mobility patterns, strong domestic tourism, and evolving traveler preferences, Germany’s serviced apartment segment is primed for continued expansion. Operators are increasingly focused on experience design, operational flexibility, and scalability to serve a broadening customer base, from relocating professionals and business commuters to tech workers, weekend explorers, and lifestyle-conscious travelers. As investment continues to flow into this resilient hospitality sub-sector, Germany remains a key growth market for both regional and international serviced apartment brands.

Germany Serviced Apartment Market Report Segmentation

This report forecasts revenue growth at a country level and provides an analysis of the latest trends and opportunities in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the Germany serviced apartment market report based on type, end-use, and booking mode.

• Type Outlook (Revenue, USD Billion, 2021 - 2033)
• Long-term (>30 Nights)
• Short-term (<30 Nights)
• End-use Outlook (Revenue, USD Billion, 2021 - 2033)
• Corporate/Business Traveler
• Leisure Travelers
• Expats and Relocators
• Booking Mode Outlook (Revenue, USD Billion, 2021 - 2033)
• Direct Booking
• Online Travel Agencies
• Corporate Contracts

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