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 7.4% to $2.47 billion annually.
The corporate housing average rate was 1.3% higher than in 2009, at $115.88 in 2010.
In 2010, the US corporate housing market is estimated at approximately 65,396 units.
Corporate housing provider companies project a 3% increase in units in 2011.
The Washington DC Metropolitan Statistical Area (MSA) remains the largest market with 5,962 estimated units including Washington DC and its sub-markets, followed by Los Angeles, New York and Houston, respectively.
Overall occupancy in the US corporate housing industry increased to 89.2% in 2010, up from 88.1% in 2009.
The average stay in a US corporate housing unit was 83 nights in 2010, down from the all-time high of 92 nights in 2009.

For a complete copy of The 2011 Corporate Housing Industry Report, click here or download an order form. This report is complimentary to media representatives. Statistics in this report included 160 participating companies and 285 operations in North America.