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The Voice of the Serviced Apartment Industry

HVS: European serviced apartments boom as operators head towards new markets

By ASAP Newsdesk On 10th July 2018 · Add Comment · In Adagio (UK), Aparthotel, ASAP Members, Breaking News, Cotels Serviced Apartments, Cuckooz, EMEA, Front Page, Global News, SACO – The Serviced, Staycity Serviced Apartments, Trending News
According to a survey of European serviced apartment operators by global hotel consultancy HVS, The Serviced Apartment Sector in Europe: Alive and Kicking, the sector saw impressive growth in 2017, with increases in RevPAR across the UK and Europe. There are almost 20,000 units planned for the next five years and operators looking to expand [...]
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Modular buildings hitting their stride in hospitality

By ASAP Newsdesk On 12th April 2018 · Add Comment · In Breaking News, Insights, Trending News
Modular, or pre-fabricated, construction was popular in the early 20th century – over 500,000 pre-fab homes were sold from 1910 to 1940, but the method fell out of favour with architects and builders until recently. Now there have been temporary and permanent buildings constructed this way including camps, classrooms, military housing and industrial facilities, as [...]
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Orbis launches Adagio aparthotel brand across Eastern Europe

By ASAP Newsdesk On 31st October 2017 · Add Comment · In Aparthotel, Breaking News, EMEA, Global News
Polish hotel group Orbis, the largest hotel chain in Poland and Central Europe, owns 117 hotels and is the only hotel chain that holds the licenses for all Accor brands in 16 countries in the region under the Sofitel, Pullman, M Gallery, Novotel, Mercure, ibis, ibis Styles and ibis budget brands. It has now signed [...]
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IHG signs first Staybridge Suites hotel in Poland

By ASAP Newsdesk On 25th August 2017 · Add Comment · In Breaking News, EMEA, Global News, Serviced Apartment Openings
InterContinental Hotels Group  has announced the signing of the 190 room Staybridge Suites Warsaw Ursynów, the brand’s eighth Staybridge Suites property in Europe and the first in Poland. Due to open in late 2019, new build hotel will operate under a franchise agreement with WIK Capital. Read more:
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JW Construction to build aparthotel chain in Poland

By ASAP Newsdesk On 1st June 2017 · Add Comment · In Aparthotel, Breaking News, EMEA, Global News
JW Construction has finished the construction of a 115-unit aparthotel in Warsaw, and sale of the apartments is to start in mid-June. It will also operate the aparthotel, which will guarantee a profit of 5% from the rent per year under a 5-year contract, with the option of a further 5-year extension. The hotel will feature lobby, reception, grocery, restaurant, self-service [...]
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Poland’s 79% increase in hotel supply continues to attract global investors

By ASAP Newsdesk On 21st July 2016 · Add Comment · In Breaking News, EMEA, Global News, Hospitality
Christie & Co has published a report on Poland’s hotel market, which shows continuous growth for several years and a 79% increase in hotel supply, especially in 3* hotels, in 2015 compared to 2006. Arrivals and overnight stays are exceeding pre-Credit Crunch levels, and RevPAR in 2015 set new standards. With investment in infrastructure and [...]
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Vision plan to double portfolio with expansion in Basel, Lausanne and Berlin

By ASAP Newsdesk On 23rd June 2016 · Add Comment · In Breaking News, EMEA, Global News, Serviced Apartment Openings
The Swiss business now offers roughly 1,000 furnished apartments in Germany, Austria, Poland and Switzerland, with projects in Geneva, Vevey (100 units beside the railway station) and a 130-unit project in Frankfurt currently under construction or in the pre-opening phase. 113 furnished apartments with fitness and wellness facilities are to be completed in Basel by [...]
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