According to leading travel management company Redfern, British businesses are exploring serviced apartments as an alternative solution for business travel, reporting an increased spend of 25% so far in 2016 based on the same period last year.

The number of serviced apartment room nights booked have increased by 33% and now account for 12% of all overnight rooms in London, a trend backed up by data specialists STR who put UK occupancy for serviced apartments at 77.9%, compared to 72.4% for hotels.

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