In the annual survey conducted by Boardinghouse Consulting:

  • More than 32% of operators are planning to open new properties
  • 22% plan to expand their existing properties
  • A total of 5,500 new apartments are planned for the German market in the next 4 years
  • Significant increase in demand in the last 14 months has resulted in a minimum price increase of 5% per annum
  • The average length of stay has increased by 5 nights – averaging 31.7 nights more than half

Read more

German-serviced-apartment-sector-expected-to-grow-by-over-30-1