Serviced Apartment Sector Surges In Pandemic

Category: Real estate, Posted:16 Apr 2021 | 10:41 am

Probably the best performing tier of accommodation in the pandemic has been serviced apartments and extended stay.

Much has to do with the spacious unit sizes and kitchens for work from home guests. Additionally they have limited, less crowed facilities so there is less of a fear factor versus larger hotels.

In Thailand, during the rise of mass tourism the segment drifted into transient leisure business as that’s were the numbers were.

Now, the shift has moved back to a more traditional model of long-stay.

So what’s next?

Serviced Apartment News will host 4 free webinars on the subject in May and all focused content on this segment.

For more details click on the following link:

servicedapartmentnews.com

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