Urban Stay adds three developments to its London portfolio

George Sell By George Sell
11 October 2016 | Updated 11 October 2016

UK: Serviced apartment provider Urban Stay has added properties in the City, Monument and Victoria.

The company says it has reached its five-year goal of managing 50 serviced apartments in London in less than three years. Following the acquisition of new blocks at Liverpool Street, Monument, and Victoria Urban Stay now operates 58 serviced apartments under direct management.

London Victoria Apartments comprises one- and two-bedroom serviced apartments; London City Apartments offers studios, one-bedroom corporate accommodation and a two-bedroom loft-style duplex; and two bedroom apartments are available on Lovat Lane at Monument. Lovat Lane Apartments also offer a top floor three-bedroom penthouse with private lift access and a roof terrace with views of the Shard and London City skyline.

James Swift, Urban Stay's director of business development and operations, said: "The London property market is extremely buoyant, and serviced apartments are becoming more and more the business traveller's first choice. New developments are however difficult to come by, especially for such a young company, so Urban Stay is very excited to acquire these new locations."

Jenny Dreiling, Urban Stay's director of finance and marketing, added: "It is a tremendous opportunity for us to expand in these key London locations and we're very pleased to have achieved our long term goal so quickly."

Urban Stay is recruiting for staff in operations and in reservations to help its expansion.

urban-stay.co.uk

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