A decade of extended stay in Europe

The real opportunity for co-living

The term co-living is a misunderstood one - although there are operators out there with an international product aimed at high income global nomads, this demographic is unlikely to be big enough to support a fast-growing industry.

A decade of extended stay in Europe

The circle of life

• Although it has been described as London's ugliest hotel, there is something slightly poignant about the fate of the Holiday Inn London Kensington Forum.

A decade of extended stay in Europe

Building synergies

You won't see many clearer examples of the synergistic relationship between the extended stay and serviced apartment sector and corporate business than two of the US stories we have covered this week.

A decade of extended stay in Europe

ESA goes "asset-right"

Extended Stay America is now just over half way through its five year ESA 2.0 plan to transform the business through the selling, building and franchising of assets.

A decade of extended stay in Europe

Prime Position

The prime central London residential market has had a well-documented tough time of it recently - Spring review figures from Knight Frank show that there is still no growth in terms of sales and prices, while sales were down by 15 per cent year-on-year in 2018 and prices down 4.4 per cent.

A decade of extended stay in Europe

Developing value

Staycity's acquisition of a development company is an interesting twist on the Opco Propco equation.

A decade of extended stay in Europe

Doing the business

It's hugely encouraging to see increased use of serviced apartments by corporate travel buyers again this year. According to a Business Travel Show survey, just under a third of buyers booked more serviced apartments in 2018 compared to 2017, and serviced apartments was was the only accommodation category to see an increase in use over the last 12 months.

A decade of extended stay in Europe

A growing attraction

It's great to see top talent from hospitality and other industries looking to contribute their knowledge and expertise to our sector - in recent weeks we've covered the moves of senior hotel industry figures across to prominent roles at SACO and Ascott, and this week there is another clear indication that serviced apartments have well and truly entered the mainstream.

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