No longer the unglamorous hospitality sub-sector, recent years have seen the serviced apartment model blossom into a dynamic, efficient and fun alternative to other forms of lodging that responds to a number of emerging travel trends. What’s more, the economics are highly appealing too.
As the sector evolves, there is a need for greater intelligence and understanding of the nuances of this real estate asset class. WATG has interviewed a cross-section of experts in the serviced apartment sector on the appeal from the perspective of the developer, investor, operator and end-user. This feedback is shared over the following pages, along with a commentary on the role of design, with insight from Wimberley Interiors.
Download the WATG report: Serviced Apartments – checking in for the long term.