ASAP was delighted to attend yesterday’s launch of the new GSAIR Global Serviced Apartments Industry Report 2018/19 at the new Residence Inn London Kensington, where Charlie McCrow, CEO of The Apartment Service and Jo Layton, MD Group Commercial Sales unveiled the new report.
It was fantastic to have confirmation that the total number of serviced apartments globally is now over 1,022,984 units, up 23.7% from the previous report, 2 years ago.
Speaking at the launch Charlie McCrow confirmed:
‘There is still huge potential for the sector to grow further in many locations around the world as more supply is needed in key locations. However the number one challenge for the sector continues to be around adopting technology which makes serviced apartments easier to book.’