ASAP Supplier Member Savills has released the latest Serviced Apartment Spotlight, with highlights including: Average annual RevPAR rates between 2021 and 2023 for the UK extended stay sector were 27.5%…
Read More
News and Views
This article reports that leisure demand is starting to wane after years of sustained growth that carried the hotel industry’s recovery from COVID-19, but group and business travel demand are…
ASAP Operator Member The Ascott Limited has more than tripled its portfolio under The Unlimited Collection brand to 11 properties across the EMEA region over the past year, two of…
A plan is in motion to get 21 serviced apartments and three more commercial premises built in central Windsor over two retail units. The 21 serviced apartments would be used…
ASAP Operator Member The Residence Apartments is launching a new aparthotel brand in central London in the summer of 2025. Named Jitaku, meaning ‘one’s home’ in Japanese, the aparthotel will…
The rising popularity of privately let apartments via online platforms and the commercial letting of furnished apartments have led to several European cities facing a housing crisis, through a lack…
This winter, Locke, the apartment hotel brand from ASAP Operator Member edyn, is opening the doors of its first property in France, the group’s 17th property across the UK and…
ASAP wants to extend congratulations to The Labour Party for last week’s election victory. Incoming ministers of note for our sector include Angela Rayner, Deputy Prime Minister, and Secretary of State…
Across the globe, many countries and cities have chosen to implement ‘tourist tax’ levies, charged to visitors in order to fund things like infrastructure and events. Usually, these places are…
Dubai secured 175 international business events in the first half of 2024, a 24% increase from the previous year. This year’s events are expected to attract over 92,000 delegates, suggesting…
