The serviced apartment industry continues to show healthy performance across the UK. According to accom­modation data specialist STR Global, in a growing serviced apartment sector, revenue per available room is up 4.7%.

And Business Travel Show’s research shows that of 182 European travel managers polled, 19% booked more serviced apartment accommodation in 2015 than in 2014, and 48% actually insist travellers stay in serviced apartments when their trip exceeds a certain duration.

With this robust backdrop, ASAP membership continues to grow, and applications for accreditation through partners CHPA have been received from US companies representing nearly 1,000 units.

Read more about developments, challenges and growth across the sector:

 

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