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The Voice of the Serviced Apartment Industry

Airbnb faces worldwide opposition, so plans a movement to rise up in its defence

By ASAP Newsdesk On 1st November 2016 · Add Comment · In Airbnb, Breaking News, Insights, Sharing Economy
In an effort to galvanise local support, homesharing clubs made up of Airbnb hosts have begun meeting up regularly in 100 cities around the world as part of a fightback by the company against authorities seeking to curb their expansion. It is held that some cities will become cheap places to stay for tourists and [...]
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London’s The Squa.re turns one-bed flat into $multi-million company

By ASAP Newsdesk On 15th October 2016 · Add Comment · In Americas, ASAP Members, Breaking News, EMEA, Front Page, Global News
Eight years after first renting out his London apartment, Sid Narang finds himself founder and CEO of The Squa.re, offering serviced apartments to clients all over London, Dublin, New York and Paris. From just a single property, The Squa.re Serviced Apartments grew its portfolio to 25 properties over a matter of months, and now has [...]
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BridgeStreet Global Hospitality partners with onefinestay

By ASAP Newsdesk On 6th October 2016 · Add Comment · In Americas, APAC, ASAP Members, Breaking News, Bridgestreet Global Hospitality, EMEA, Front Page, Global News
ASAP member BridgeStreet Global Hospitality has announced a new collaboration with onefinestay, a leader in luxury home stays in the travel market, and will list onefinestay’s vetted homes on BridgeStreet’s website from November. This will give onefinestay access to BridgeStreet’s established base of corporate clients, while allowing BridgeStreet to offer an elite level of hospitality [...]
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Want to book an Airbnb ‘Room’ on a plane? Lufthansa makes it possible

By ASAP Newsdesk On 1st August 2016 · Add Comment · In Airbnb, Breaking News, Insights
In an unusual marketing move, Lufthansa is listing premium economy seats between Frankfurt and New York as a “couch” in what it calls a “shared room,” with access to four bathrooms, on Airbnb. Under ‘amenities’, Lufthansa lists perks including heating and air conditioning, WiFi and television. The minimum stay is four days, maximum a month, [...]
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Airbnb loses a fight in New York as Legislature passes strict advertising law

By ASAP Newsdesk On 21st June 2016 · Add Comment · In Airbnb, Americas, Breaking News, Global News, Sharing Economy
New York State legislators have passed a bill to fine hosts on Airbnb and other short-term rental site heavily, for allowing listings by hosts of rentals that violate the state’s short-term rental laws. The bill moved quickly through the State Senate in the closing days of session, and awaits the governor’s signature. Renting full-unit properties [...]
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Yotel forgets millennials, as they’re ‘so last year’

By ASAP Newsdesk On 13th June 2016 · Add Comment · In Breaking News, Insights, technology, Trending News
Yotel, one of the world’s fastest-growing hotel chains, builds quirky capsule hotels targeted at “digital naturals” who are always online; but says that as there’s nothing about their customer profile that is age specific, the brand is not chasing ‘millennials’ as such. Describing most of the hotel industry as “a generation behind” airlines in its [...]
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YOTEL Breaks Ground on First Hotel in Dubai

By ASAP Newsdesk On 23rd May 2016 · Add Comment · In Breaking News, Insights, Trending News
YOTEL, an affiliate company of Kuwait-listed IFA Hotels & Resorts KSCC, have broken ground on their first property in the Middle East, expected to open in 2018. This will be YOTEL’s Middle Eastern flagship, boasting 582 cabins and serviced apartments plus gym and pool deck, a few minutes from Downtown Dubai. YOTEL offers small, technology- and [...]
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Firmdale Hotels brand installs Kube Systems at two hotels

By ASAP Newsdesk On 11th May 2016 · Add Comment · In Breaking News, Insights, technology
Reacting to customers’ requirement for charging mobile devices on the go, the Firmdale Hotels group, with nine luxury boutique hotels in London and New York, now offers Kube Systems’ KS Portable wireless docking station at two hotels. The Kubes are available from the concierge the Crosby Street Hotel in New York and the Ham Yard [...]
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Airbnb, HomeAway watch: Goldman Sachs finds strong adoption by travelers

By ASAP Newsdesk On 20th February 2016 · Add Comment · In Airbnb, booking.com, Breaking News, Expedia, Insights, Sharing Economy, Tripadvisor
Last month, Goldman Sachs downgraded the stocks of Priceline Group and TripAdvisor in light of their belief that travelers are increasingly opting for property-sharing services like Airbnb, HomeAway, and TripAdvisor-owned FlipKey as alternatives to traditional hotel bookings. This week, their global equity research team has released the results of a US consumer survey that backs [...]
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Airbnb users spent $2.4 billion on lodging in the U.S. over past year

By ASAP Newsdesk On 4th February 2016 · Add Comment · In Airbnb, Insights, Sharing Economy
CBRE Hotels have released a report outlining the competition posed by Airbnb to traditional hospitality across the US, by reflecting the spend across 12 months to September 2015, which was $2.4bn, and compiling results in an Airbnb ‘Competition Index’. Comparisons include room price, scale and activity across different states, and identified New York at greatest [...]
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    • Serviced apartment sector continues to grow as new properties join HotelREZ
    • Apprenticeship levy ‘causing confusion and frustration’
    • Feathering their Nest: Cuckooz Nest interview
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    • New booking platform will ease the accommodation hunt for business travellers
 
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