Forenom has once again shared our learnings and market perspectives as the biggest serviced apartment operator in the Nordic countries to the Global Serviced Apartment Industry Report 2023.
Forenom operates an extensive portfolio of 9,000 units, comprising serviced apartments, aparthotels, hostels, corporate housing, and a flexible project housing section. We also have our own agency across Europe, providing our customers project accommodation throughout Europe but also giving it a comprehensive view across the sector.
GSAIR: Half of business travellers would consider using a Co-living space with shared facilities
According to the 2023 GSAIR survey, corporate usage of alternative accommodation models such as home stay and co-living are growing as corporates evaluate the potential cost savings and traveler preferences. Our corporate housing expert opened in the report especially growth and development of usage of alternative accommodation models.
”The Nordic serviced living market has witnessed a significant increase in new capacity, the mainstream serviced apartment category, which includes a wide range of options from corporate housing to co-living, has experienced substantial growth in the Nordics”, he states in the report.
He shares in the report that Forenom and similar brands added collectively added 2,700 new units across the region in just a year. In the same timeframe, other brand than Forenom added around 500 new units were as pure co-living solutions, that feature shared apartments. It’s also seen, that home share has rebounded in 2023, surpassing previous levels, with the Nordic capitals boasting a total of 26,000 Airbnb listings.
”The serviced living sector is expected to expand significantly, especially flexible concepts which are able to accommodate stays from short-term to over a year. However, pure co-living with shared apartments is only expected to grow modestly due to travelers’ privacy needs”, he states.
Download the full report below and read more!
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Forenom
Forenom operates an extensive portfolio of 9,000 units, comprising serviced apartments, aparthotels, hostels, corporate housing, and a flexible project housing section. The company also has its own agency across Europe, giving it a comprehensive view across the sector.