Sentences with phrase «of the serviced apartment sector»
Breaking Travel News speaks to Guustaaf Bakker, chief executive, EMEA, Frasers Hospitality, about what it takes to stay at the top of the serviced apartments sector as the brand is recognised by the World Travel Awards.
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Buying a 60m2 (650 sqft) apartment exceeds the budget of people who earn the average annual income in the highly skilled service sector in most world cities.
Responding to demand, extra sessions on OTAs and online marketing are being added to a comprehensive agenda which features seminars on investment, extended stay hotels, mixed - use developments, and future prospects for the sector, as well as a case study, cocktail party and tour of local serviced apartment developments.
James Foice, chief executive of the not - for - profit trade body, ASAP, commented: «It's fantastic to see such strong confidence in our serviced apartment sector with so many significant new openings by our members this year including a number of sizeable aparthotels.
The Association of Serviced Apartment Providers has revealed the strong growth of the sector is set to continue this year with a record 2,600 new units set to open in the UK in 2017.
• 484,594 serviced apartments in 6,426 locations across The Americas and Canada, together with 70,300 corporate housing units • US accounts for 25 per cent of the $ 100 billion global vacation rental sector, which is expected to be worth $ 170 billion by 2019 • Region accounts for region accounts for 58.61 per cent of the global serviced apartment inventory • US corporate housing Average Daily Rate was $ 150 in 2016 • 800 extended stay hotels in Hilton portfolio, with more than 500 in the pipeline, representing 15 per cent of the Hilton portfolio • 1 serviced apartment, branded residence, aparthotel, corporate accommodation and short - term rental conference and exhibition for the Americas • US corporate housing inventory is estimated at 66,863 units • Around 7,700 serviced apartments in 95 locations across LATAM region • US corporate housing revenues increased 10.2 %, to $ 3.2 billion in 2016 • Canadian corporate housing revenue is an estimated $ 278 million.