Mexico - North America Aparthotels, Service Apartments, & Co-Living Market Size & Outlook
The aparthotels, service apartments, & co-living market in Mexico - North America is expected to reach a projected revenue of US$ 2,951.2 million by 2030. A compound annual growth rate of 9.7% is expected of Mexico - North America aparthotels, service apartments, & co-living market from 2025 to 2030.
Mexico aparthotels, service apartments, & co-living market highlights
The Mexico aparthotels, service apartments, & co-living market generated a revenue of USD 1,695.9 million in 2024 and is expected to reach USD 2,951.2 million by 2030.
The Mexico market is expected to grow at a CAGR of 9.7% from 2025 to 2030.
In terms of segment, service apartments was the largest revenue generating type in 2024.
Co-living is the most lucrative type segment registering the fastest growth during the forecast period.
Aparthotels, service apartments, & co-living market data book summary
Market revenue in 2024
USD 1,695.9 million
Market revenue in 2030
USD 2,951.2 million
Growth rate
9.7% (CAGR from 2025 to 2030)
Largest segment
Service apartments
Fastest growing segment
Co-living
Historical data
2018 - 2023
Base year
2024
Forecast period
2025 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Aparthotels, Service Apartments, Co-living
Other key industry trends
In terms of revenue, Mexico accounted for 2.8% of the global aparthotels, service apartments, & co-living market in 2024.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In North America, U.S. aparthotels, service apartments, & co-living market is projected to lead the regional market in terms of revenue in 2030.
Canada is the fastest growing regional market in North America and is projected to reach USD 6,226.6 million by 2030.
Mexico - North America Aparthotels, Service Apartments, & Co-living Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Aparthotels, Service Apartments, & Co-living Market Outlook will help companies and investors design strategic landscapes.
Service Apartments was the largest segment with a revenue share of 82.35% in 2024.
Horizon Databook has segmented the Mexico - North America aparthotels, service apartments, & co-living market based on aparthotels, service apartments, co-living covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico - North America Aparthotels, Service Apartments, & Co-Living Market Type Outlook (Revenue, USD Million , 2018-2030)
Aparthotels
Service Apartments
Co-living
Mexico - North America Aparthotels, Service Apartments, & Co-Living Market End Use Outlook (Revenue, USD Million , 2018-2030)
Corporate/Business Traveler
Leisure Traveler
Expats and Relocators
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico - North America Aparthotels, Service Apartments, & Co-living Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - North America Aparthotels, Service Apartments, & Co-living Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Mexico - North America Aparthotels, Service Apartments, Co-Living Market, 2018-2030 (US$M)