Serviced apartments: can the sector’s global growth be sustained?
The serviced apartment sector is predicted to grow strongly. Hybrid working, the demand for more home-like accommodation and longer stays are changing the shape of the market, while technology and AI are enhancing the experience. Marianne Curphey explores how it is evolving to meet customers’ needs in different geographies.
The rise of remote and flexible work models has sparked a huge increase in demand for extended-stay accommodation. Now more than ever, travellers seek home comforts such as kitchens and workspaces in addition to traditional hospitality amenities, like gyms and on-site restaurants, says Carrie Hartman, president of global corporate travel and relocation platform, 3Sixty.
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This article is taken from the Autumn 2024 issue of
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