This article in Hotels Magazine discusses the rise of apartment hotels with operators targeting the millennial mindset with communal kitchens and shared workspaces, gaining new ground in the space opened up by home-sharing services.

The article quotes ASAP members Staycity, Ascott, The Apartment Service and Frasers Hospitality, amongst others, and contrasts the established extended-stay hotel model in the US – with more than 6,500 extended-stay locations and nearly 500,000 units in the Americas and Canada – with Europe, nearly 2,000 locations and around 100,000 units, and Asia, with less than 1,000 locations and fewer than 100,000 units.

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