Important insights from Katherine Doggrell, editor at ‘Hotel Analyst’, re key reasons for the growth of the serviced apartment sector in the UK, following last week’s announcement of Quest launching its first property outside Australasia, in Liverpool, the start of an aggressive expansion across the UK.

As well as Quest, the article references the forthcoming 51-guestroom Stow-Away in Birmingham, a joint venture between developer Stow Projects and ASAP Quality Accredited Operator Member BridgeStreet Global Hospitality, as well as another Stow-Away to be built from shipping containers with a wine bar and restaurant in London’s Waterloo. It also mentions Brookfield Property Partners reportedly holding talks to acquire ASAP Quality Accredited Operator Member SACO from Oaktree Capital Management.

According to a study from HVS, the UK leads Europe’s pipeline of serviced apartments, accounting for 41% of the 10,000 planned units across London and other regional cities.

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