Savills believe Airbnb customers will come over to serviced apartments

Delegates at the Hotel Alternatives Event have been told that alternative accommodation classes are increasingly securing funding at the same pricing as hotels, with consumers’ adoption of Airbnb helping to make alternative sectors more acceptable to investors.

Richard Dawes of Savills looked to the sharing platform to push investment in the serviced apartment sector, believing that Airbnb customers will move towards branded, consolidated serviced apartments and that there is phenomenal income and demand growth from both corporate and leisure going forward into serviced apartments.

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