Reading Time: 7 minutes • Which countries and regions do you think will be the ones where Ascott will see the most growth over the next three to five years? “We focus on key gateway cities in markets such as Singapore, China, Australia, capital cities in south-east Asia, Seoul, Tokyo, Paris, London, key cities
Reading Time: 2 minutes Germany: A report by Horwath HTL says the German serviced apartment sector is set to grow 40 per cent by 2019.
Reading Time: 2 minutes US: The All Suites brands by Hilton has reached its 800th property milestone with the opening of the Homewood Suites by Hilton New Orleans French Quarter.
Reading Time: 4 minutes The sharing economy slides downhill in developed countries Despite the sharing economy’s contribution to worldwide GDP and some bold forecasts up to 2025 from PWC, the percentage growth rate is slowing in developed countries as Airbnb and Uber, two of the most popular contributors grapple with increased legislation and numerous regulatory clamp downs.
Reading Time: 4 minutes Around 170 delegates attended the third annual So! Apart conference last week, at the Best Western Premier Hotel MOA Berlin. The audience was made up of around 30 per cent investors and project developers, 45 per cent operators, with the remainder made up of service providers and press. Event organiser Anett Gregorius
Reading Time: 3 minutes Serviced Apartment News talks to Ascott’s CEO about the sharing economy, new brands and strategic partnerships. • Do you think “sharing economy” platforms such as Airbnb and Tujia will become increasingly important for serviced apartment distribution? Will they take market share from traditional OTAs and other distribution channels? “The growth
Reading Time: 3 minutes Singapore: The Ascott Limited has achieved its target of 40,000 apartment units under management globally ahead of its planned schedule of the end of 2015.