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The Voice of the Serviced Apartment Industry

Airbnb outsourcer Hostmaker scrambles for new investors

By ASAP Newsdesk On 27th February 2020 · Add Comment · In Airbnb, Breaking News, homestay, Insights
Hostmaker, the start-up that manages short-term property lettings on sites such as Airbnb and offers cleaning, concierge and photography services for listings, is facing a cash crunch. The company was has lost more than £20m in the past three years. Read more:
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Kuoni Business Travel using Acomodeo’s digital solution and services

By ASAP Newsdesk On 27th February 2020 · Add Comment · In Acomodeo, ASAP Business Partners, Breaking News, Insights, technology
Kuoni Business Travel has integrated ASAP Business Partner Acomodeo’s digital serviced apartment booking platform into its travel management services, offering users potential savings and a more efficient online booking process, especially for long stay business trips. This offers customers of Kuoni access to over 548,000 professionally operated serviced apartments worldwide which can be booked online [...]
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Airbnb is offering surveillance devices to its hosts to detect party houses

By ASAP Newsdesk On 26th February 2020 · Add Comment · In Airbnb, Breaking News, guest safety, Insights
In an effort to curb party houses in Airbnb properties, which have led to local disturbances and even deaths in properties, the company is promoting new surveillance devices at a low cost, hoping that hosts will install them in their rented space. It is promoting three levels of devices costing from $109, the basic noise-detecting “Minut”, [...]
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India: coliving, coworking and student housing offering 7-11% higher rental yields

By ASAP Newsdesk On 26th February 2020 · Add Comment · In Alternative accommodation, APAC, Breaking News, Co-living, Coworking, Global News, India, Trending News
Changing demographics, entrepreneurship, digitisation and demand from millennials are boosting some alternate real estate categories with significantly higher rental yields. The latest CII-ANAROCK report ‘Emerging Asset Classes: The Future Looks Promising’ shows that coliving, student housing and coworking have rental yields between 7-11%, much higher than the 3% national average rental yield of traditional housing. [...]
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Aparthotel plans to transform Grade II-listed building in Liverpool

By ASAP Newsdesk On 26th February 2020 · Add Comment · In Aparthotel, Breaking News, UK News
The transformation of a Grade II-listed former office building on Castle Street in Liverpool into 33 boutique hotel apartments offering a mix of studios and one-bedroom rooms, complete with cooking facilities and a shared communal lounge area, has been given the go-ahead. It is expected to open in early Q2 2021. Read more:
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20-storey coliving tower, popular in Malaysia

By ASAP Newsdesk On 26th February 2020 · Add Comment · In APAC, Breaking News, Co-living, Coworking, flexible living, Global News, Trending News
Recent research shows that lonely millennials are twice as likely to experience depression or anxiety, and coliving offers one solution. One of the first companies in Malaysia, Co-Living @ Damai Residence, has operated for more than a year, and this article examines what has changed about their coliving model and what tenants think. It examines [...]
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Convido Corporate Housing recommits to the Rainforest Trust

By ASAP Newsdesk On 25th February 2020 · Add Comment · In Americas, APAC, ASAP Members, Breaking News, climate change, Convido Corporate Housing, EMEA, Front Page, Global News, sustainability, Trending News
ASAP Member Convido Corporate Housing, Australia’s leading corporate accommodation provider, has reaffirmed its commitment to the global Rainforest Trust, the not-for-profit organisation founded to purchase and protect threatened tropical forests all over the world. This is the third year Convido has worked with the Rainforest Trust, and in that time it has helped to save [...]
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The Guardian: the areas in the UK with one Airbnb for every four homes

By ASAP Newsdesk On 25th February 2020 · Add Comment · In Airbnb, Breaking News, Edinburgh, London, Sharing Economy, Short-term rentals, Trending News, UK News
Airbnb has questioned research that shows it is now so prevalent in Great Britain that some parts of the country have one listing for every four properties. The company says many listings are of a type that wouldn’t be used for housing, such as caravans or large manor houses. This rapid expansion in short-term lets [...]
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Ascott sweeps three accolades at ET NOW Awards

By ASAP Newsdesk On 24th February 2020 · Add Comment · In APAC, ASAP Members, Awards, Breaking News, China, Front Page, Global News, The Ascott Ltd, Trending News
ASAP Member Ascott won the top serviced residence awards  at three consecutive award ceremonies organised by ET Now in association with Stars Of The Industry Group. Citadines OMR Chennai won ‘Best Hotel Apartment of the Year’ at the ET Now Business Leader of the Year Awards, the only hospitality brand to be awarded in this [...]
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Skift Travel Megatrends 2020 report on short-term rentals

By ASAP Newsdesk On 24th February 2020 · Add Comment · In Airbnb, booking.com, Breaking News, China, Insights, Short-term rentals, Tripadvisor
Skift’s latest report on the short-term rental sector has been released, estimating that global gross bookings of short-term rental properties were up 7% in 2019, totalling $115 billion. Airbnb, Booking Group, Expedia Group, TripAdvisor and Tujia between them registered almost three-quarters of all bookings in the sector. But with millions of independent hosts, 100,000-plus property [...]
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