HVS, the only global consulting firm focused exclusively on the hospitality industry, has released a report on the serviced apartment sector across Europe.
The report predicts a new and dynamic era for the serviced apartment industry, with its latest Serviced Apartment survey revealing robust performance, adept cost management, and a positive outlook. It states that profitability is being driven by a surge in leisure demand and a booming interest in serviced apartments.
This renewed enthusiasm is drawing significant investor attention, prompting both established brands and new players to expand and innovate, setting the stage for exciting growth and transformation in the industry.
