How Cloud PMS and Self-Service Technology Can Power Growth & Profits for Aparthotels

The aparthotel market is on a rapid growth trajectory, with the global extended-stay hotel sector valued at $54.5 billion in 2023 and projected to reach $166.5 billion by 2033, according to Future Market Insights. This surge is fueled by evolving traveler segments such as remote workers, digital nomads, extended assignment business travelers, and bleisure travelers, all seeking flexible, home-like accommodations. Aparthotels, which offer fully furnished units with kitchens, living areas, and a residential feel, are perfectly positioned to meet these demands. To fully capitalize on this trend, hoteliers need modern cloud-based PMS solutions to streamline operations, offer superior service, and reduce staffing needs. With mobile PMS technology that enables seamless management of both short-term and long-term stays, properties can ensure a high level of guest satisfaction while maintaining operational efficiency, even with minimal staff presence.