With the meteoric growth of Airbnb in particular, most people assume that traditional rental and aparthotel operators, like myself, are concerned about the impact these progressive tech companies will have on their business. In fact, the so-called ‘threat’ of Airbnb to the aparthotel industry is a gross misperception; these disruptors are more friend than foe.
Average rates for serviced apartments in the UK have risen by 3.8 per cent over the last year, according to new figures from the Association of Serviced Apartment Providers (ASAP) and hotel data firm STA.
Airbnb isn't monopolising the homestay market, it's popularised it for a new generation of business travellers | City A.M.
South African billionaire eyes London serviced apartment market - Serviced Apartment News
UK: South African businessman Christo Wiese is planning a move into the London serviced apartment sector.