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ASAP Independent Review of the Role and Value of Serviced Apartments in the UK

First release 10am 11 April 2024, now available to view below

In response to the UK government’s consultation on short-term lets regulation, we initiated an independent study from BONARD, a research and advisory firm specialising in global rental asset classes, to define the role and value of service departments in the UK for the first time.

The study brings to light new insights on market dynamics, customer profiles, their underlying motivations, and the sector’s substantial role in both the UK economy and local communities, providing policy makers with a comprehensive view to guide regulatory decisions.

This report was initially shared only with financial contributors, without whose help we could not have finished the work. Now you can view the Report as a PDF, by clicking the image (right).

Without these supporters’ generosity we could not have completed the report to quantify the role, scale and economic importance of the sector, and our thanks once again go to:

abodebed      AltoVita      Cheval Collection Ltd.      City Apartments Ltd

edyn      House of Fisher      Lamington Group      Madison Hill London

Mansley Travel      PREMIER SUITES      The Residence Apartments

Roomspace      Situ      STAY      Staycity Group

Supercity Aparthotels      The Ascott Limited      Viridian Apartments

Your Space Apartments and supported by VisitEngland.

You would like to find out more about joining us as an ASAP Operator, Agent or Supplier Member, please contact membership director Kim Ashmore. If you are ready to start the process of joining the ASAP Community and benefiting from building relationships with Members and accessing the ASAP Marketing Suite, please contact any of the team for an application form – we look forward to welcoming you on board!