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Event review: 2018 ASAP convention
SAN editor George Sell reports from the 2018 ASAP convention in London.
Cheval’s Greenwood takes chairman role as ASAP reveals new look advisory board
UK: Doug Greenwood, director of sales and marketing at Cheval, has taken the chairman’s role at the Association of Serviced Apartment Providers (ASAP).
ASAP and CHPA to launch global trade body alliance
UK/US: The Association of Serviced Apartment Providers and the Corporate Housing Providers Association are joining forces to create an alliance of like-minded trade bodies.
ASAP to launch Belgian chapter
Belgium: The Association of Serviced Apartment Providers (ASAP) has announced plans to launch a second overseas chapter, this time in Belgium.
UK sees rate growth but occupancy decline in H1
UK: H1 2018 performance data for the serviced apartment sector showed a 0.6 per cent decline in occupancy and a 1.2 per cent rise in ADR.
UK industry sentiment softens but more than third of operators plan to expand
UK: The June 2018 Operator Sentiment Tracker Survey from ASAP and Savills shows a slight fall in optimism compared with November 2017.
Occupancy down but ADR up for UK in Q1 2018
UK: STR’s Q1 results for UK serviced apartments show occupancy for the UK down 1.5 per cent and ADR up 1.9 per cent.
UK market to get more than 2,000 new units in 2018
UK: The UK is set to see an extra 2,000+ serviced apartment units open in 2018, representing a nine per cent increase on current stock.