Adagio to double number of properties by 2023

George Sell George Sell Uploaded 31 May 2020

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France: Aparthotels Adagio is set to double the size of its portfolio by 2023 and reopen 90 per cent of its existing properties by the end of June.

The company says: "Despite a challenging 2020, the brand’s good economic health pre-COVID-19 and strong growth and performance in recent years has safeguarded its expansion plans."

Throughout the crisis, 28 Aparthotel Adagio sites have remained open across Europe, hosting 4,800 overnight stays for front-line nursing staff.

Aparthotels Adagio hopes to have 90 per cent of its properties reopened by the end of June, with the UK properties set to reopen their doors to guests in July, in accordance with government guidelines. It currently operates 116 aparthotels and 13,000 apartments located in 13 countries.

Click here to listed to our recent podcast interview with Adagio CEO Karim Malak.

 

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