BTN: How well established is
the serviced apartments sector in Doha and the Middle East more generally?
Millennium & Copthorne has revealed it will be moving into the deluxe
serviced apartments sector when it opens a modern and stylish property in the popular Dubai Marina area in the coming six months.
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.
The UK
serviced apartment sector posted strong performance growth in 2017, according to ASAP and STR.
Event organizer, Piers Brown, said: «
The serviced apartment sector is a growing and increasingly valuable sector.
The World Travel Awards is the largest, most comprehensive and prestigious awards which also recognises exemplary achievements in
the serviced apartment sector.
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 standards across the category were phenomenal, so it's a real thrill to have been recognised as a world leader in
the serviced apartment sector.
As
the serviced apartment sector surges around the world, The Ascott Limited continues to set the benchmark for what is possible in the industry.
Has
the serviced apartment sector matured?
BTN: How established is
the service apartment sector in Thailand?
Having identified a niche in the market, Banyan Tree brings its expertise in design and innovation to create an exciting and bold new proposition in
the serviced apartment sector bringing the company's portfolio to three brands.
This is the second time that Frasers Hospitality has been awarded the title, having been chosen as the first ever recipient when the World Travel Awards was extended to include
the serviced apartment sector in 2012.
This is the first time in a 20 - year history that the World Travel Awards has been extended to
the serviced apartment sector.
Not exact matches
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.
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.
BTN: Do you feel
serviced apartments have the potential to grow in the Middle East, which has most lately been associated with the leisure
sector?
Sabreena Jacob, general manager, Marriott Executive
Apartments Sukhumvit Park: With 18,875 Serviced apartments in just Bangkok, it seems fair to say that this sector is very well es
Apartments Sukhumvit Park: With 18,875
Serviced apartments in just Bangkok, it seems fair to say that this sector is very well es
apartments in just Bangkok, it seems fair to say that this
sector is very well established.
The only leadership conference for the
serviced apartment, extended stay hotels / aparthotel, and shoirt term accommodation
sectors.
The only b2b conference for the
serviced apartment, corporate accommodation, extended stay hotel and short - term rental
sectors.
• 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.
ASK4 was founded in Sheffield, UK, in 2000, and partners with universities, private
sector student accommodation providers, residential
apartment developers, and businesses, to provide high speed internet solutions and managed data
services for multi-tenant accommodation.
London, New York, Dubai, Amsterdam About Blog
Serviced Apartment News is the only online news and networking resource for the serviced apartment, extended stay and aparthotel
Serviced Apartment News is the only online news and networking resource for the serviced apartment, extended stay and aparthote
Apartment News is the only online news and networking resource for the
serviced apartment, extended stay and aparthotel
serviced apartment, extended stay and aparthote
apartment, extended stay and aparthotel
sector.
With an exclusive focus on
apartment brokerage
services throughout the Southeast, its seasoned team has extensive experience in the
apartment sector including appraisal, market research, brokerage, advisory, and transaction management.