Industry Statistics

The corporate housing industry has been a significant growth segment of the lodging industry for the past 20 years.

By the Numbers

Revenues increased by approximately 9.5% to $2.49 billion annually.
The overall average daily rate in the United States grew 6.8% to $123.81 in 2011.
In 2011, the US corporate housing market is estimated at approximately 62,204 units.
Corporate housing provider companies project a 2.7% increase in units in 2012.
Los Angeles became the largest MSA, with 5,223 units, followed by Washington, DC, New York, and Houston, respectively.
Overall occupancy in the US corporate housing was 88.6%, nearly flat over the last four years.
The average stay in the US corporate housing market was 86 nights in 2011, up from 83 nights in 2010.

For a complete copy of the Corporate Housing Industry Report - 2012, download an order form. This report is complimentary to media representatives. This report is based on 143 companies in the US and Canada that responded to the survey. This is an estimated 52% participation rate. This report summarizes a total of fifty-five US markets and five markets in Canada. Each market is specifically and individually highlighted.