# Luxurious Lodging Extended Stay Apartments By Bianca | Published 2007-09-08 | Art & Design Source: Trend Hunter, https://www.trendhunter.com/trends/extended-stay-apartments References: [forbes](http://www.forbes.com/forbeslife/travel/2007/09/06/travel-lodging-corporate-forbeslife-cx_ls_0907biztravel.html) Travel often? Like living in luxury? You won't need to compromise either anymore thanks to the booming [luxury extended-stay apartment market](https://www.trendhunter.com/trends/bob-w-stockholm). The $2.5 billion niche caters to those who want the space and privacy a hotel can't provide. "Corporate apartments have three times the space of a hotel suite at a third to 50% less cost," Forbes reported. "They are widely used by professionals in the entertainment and fashion industries who want to keep a low profile, as well as government employees, those who need access to local hospitals and people in the process of moving from one city to another." Businessmen would be a lot happier moving to a new city if they knew they'd be staying in a luxury apartment instead of an awkward extended hotel stay. It's just a more livable feeling -- they are intended to be second homes -- but with a lot more service! These luxury apartments can come with [24-hour concierge services](https://www.trendhunter.com/trends/post-hotel-residences), maid, grocery delivery, gyms and personal trainers, on-call chefs, drivers, full kitchens and valet-parking. But the highlight of this type of lodging is the location. Consider La Reserve in Paris, "Home to [duplex and triplex apartments](https://www.trendhunter.com/trends/hotel-de-sagonne), is located in the 16th arrondissement, known for its chic exclusivity and views of the Eiffel Tower." ## Trend Insights (Trend Hunter) - Score: 2.0/10 - Popularity: 34% | Activity: 19% | Freshness: 8% - Audience gender: 50% men, 50% women - Primary generations: Millennial - Top markets: North America, Europe ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Art & Design](https://www.trendhunter.com/artdesign) > [Design](https://www.trendhunter.com/design) ## Key Themes ### What's Driving This Trend - **Booming Luxury Extended-stay Apartment Market:** The luxury extended-stay apartment market is experiencing significant growth, providing an opportunity for disruptive innovation in the hospitality industry. - **Increased Demand for Corporate Apartments:** The demand for corporate apartments is on the rise, creating an opportunity for disruptive innovation in the real estate industry. - **Focus on Personalized Services and Amenities:** Luxury extended-stay apartments are offering personalized services and amenities, opening up opportunities for disruptive innovation in the service industry. ### Who This Affects Most - **Hospitality:** The hospitality industry can capitalize on the growing luxury extended-stay apartment market by providing unique and high-end accommodation options. - **Real Estate:** The real estate industry can tap into the demand for corporate apartments by developing and managing luxury extended-stay properties. - **Service:** The service industry can leverage the trend of personalized services and amenities in luxury extended-stay apartments by offering innovative and customized solutions. ## Related on Trend Hunter - [Anti-Luxury Hotel Designs](https://www.trendhunter.com/trends/chopard-1.md) - [Private Parisian Residences](https://www.trendhunter.com/trends/private-parisian-residences.md) - [Connective Economic Travel](https://www.trendhunter.com/trends/swapper.md) - [Residential-Style Vancouver Stays](https://www.trendhunter.com/trends/smithe-house.md) - [Curated Mountainous Stays](https://www.trendhunter.com/trends/apex-collection.md) - [Sleep-Focused Hotel Offerings](https://www.trendhunter.com/trends/equinox-sleep-lab.md) - [London Urban Stay Concepts](https://www.trendhunter.com/trends/july-london-victoria.md) - [Luxurious Holiday Escapes](https://www.trendhunter.com/trends/escape-packages.md) - [Luxury Travel-Ready Summer Programming](https://www.trendhunter.com/trends/summer-programming.md)