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The Voice of the Serviced Apartment Industry

One month to Brexit: UK tourism won’t actually be hardest hit by ‘no deal’

By ASAP Newsdesk On 30th November 2020 · Add Comment · In Breaking News, Brexit, Coronavirus, Covid-19, Trending News, UK News
In what it calls the winter of the Covid-Brexit double whammy, this BBC article discusses how different industries would, and will, be hit by a ‘no-deal’ Brexit at the end of December, including the impact on the hospitality sector. It considers the recent report by the Office for Budget Responsibility, looking at different scenarios for [...]
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Frasers wins serviced apartment categories at ‘Travel Weekly’ World Travel Awards

By ASAP Newsdesk On 30th November 2020 · Add Comment · In Americas, APAC, ASAP Members, Awards, Breaking News, EMEA, Frasers Hospitality, Global News, Trending News
ASAP Member Frasers Hospitality and its Fraser Residence Orchard, Singapore won World’s Leading Serviced Apartment Brand and World’s Leading Serviced Apartments respectively, at the 2020 World Travel Awards, the 27th annual event. Read more: Watch video:
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ONS: EU nationals working in UK down by 16% during COVID-19 pandemic

By ASAP Newsdesk On 30th November 2020 · Add Comment · In Breaking News, Coronavirus, Covid-19, EMEA, Global News, Trending News
According to the ONS, the number of EU nationals working in Britain has fallen by 16% since the start of the pandemic, down around 364,000 to 1.87 between July and September this year compared with last year. The number of overseas workers from outside the EU also fell 5% to 1.29 million. One major factor [...]
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Bill Gates: 50% of business travel will go

By ASAP Newsdesk On 30th November 2020 · Add Comment · In Breaking News, Business Travel, Coronavirus, Corporate Travel, Covid-19, Insights, Microsoft, Recovery, Trending News
Microsoft co-founder Bill Gates has predicted that “over 50% of business travel and over 30% of days in the office will go away”, saying the pandemic had changed things permanently. He also said all five major meetings for his foundation this year had been done virtually, and he hasn’t been to the foundation office or [...]
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London suffers worst fall in job vacancies in Europe

By ASAP Newsdesk On 30th November 2020 · Add Comment · In Breaking News, Coronavirus, Covid-19, lockdown, Trending News, UK News
A report comparing how national capitals have been damaged by Covid-19 shows London has suffered the biggest fall in job opportunities among Europe’s biggest cities, and is also among five of the biggest cities in western Europe – along with Berlin, Madrid, Paris and Rome – that have recorded a larger drop in ads for [...]
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Landlords slash the rent in London – but for how long?

By ASAP Newsdesk On 30th November 2020 · Add Comment · In Airbnb, Breaking News, Coronavirus, Covid-19, London, Sharing Economy, Short-term rentals, Trending News, UK News
Due to a “shift in lifestyles” brought on by the pandemic, landlords in some of London’s most lucrative areas, such as Camden, have begun lowering rents for the first time in years by as much as £400 a month – but private tenants have been warned that the deals might not last long. Landlords are [...]
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New brand Unlimited Collection by Oakwood is unveiled in Singapore

By ASAP Newsdesk On 30th November 2020 · Add Comment · In APAC, ASAP Members, Breaking News, Global News, Oakwood Worldwide, Trending News
ASAP Member Oakwood has launched the Unlimited Collection by Oakwood, a new brand designed to as a collection of independent properties leveraging the hospitality management expertise and distribution network of the parent. Oakwood will manage its first three iconic heritage properties in Singapore, expected to open in Q1 2021. The new brand is aimed at [...]
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US: heed hospitality industry’s screams for help

By ASAP Newsdesk On 27th November 2020 · Add Comment · In Americas, Breaking News, Coronavirus, Covid-19, Global News, Recovery, Trending News
This article considers whether hospitality is unfairly bearing too much of the brunt of the state of Minnisota’s response, and whether its cries for help can be ignored. Bars and restaurants are only connected with 2% of COVID-19 cases, but blanket lockdown rules across the state will cause more businesses to close and more people [...]
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Embassy group launches first co-living centre in Bengaluru, plans 100 facilities by 2021

By ASAP Newsdesk On 27th November 2020 · Add Comment · In APAC, Breaking News, Co-living, Global News, India, Trending News
Embassy group, which only recently entered into the co-living sector, has started its first centre in Bengaluru with plans to reach 100 asset-light facilities by the end of next year via a revenue-share model with building owners. In August, it announced a planned investment of USD 500 million over the next three years to expand [...]
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Quarantine rule change welcomed by UK travel industry

By ASAP Newsdesk On 27th November 2020 · Add Comment · In Accommodation, Breaking News, Coronavirus, Covid-19, Recovery, Trending News, UK News
The UK travel industry has welcomed the forthcoming change in quarantine rules that will allow passengers returning from high-risk countries to reduce the time they self-isolate from 14 to five days, if they can provide a negative Covid test result. The changes will come into effect on 15 December, and passengers will have to book [...]
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