This insight article by John Wagner of ASAP Member Cycas Hospitality, also elected member  on the ASAP Steering Committee, discusses the continuing rise of the extended stay sector, not only in the US where it began, but globally, referencing ten years of Airbnb and the same for the extended stay sector in Europe.

He outlines the predicted growth in supply and demand for serviced apartments and aparthotels among travel managers and TMCs, and how this relatively new brand of accommodation differs according to location and audience, what it offers over traditional hotels, how it is tapping into travel trends, and how it is likely to develop in different regions all around the world.

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