Business travel buyers boost UK serviced apartment sector

November 30, 2016   |  TravelDaily UK

A poll carried out by the Business Travel Show in collaboration with Association of Serviced Apartment Providers (ASAP) has shown a significant leap in the use of serviced apartments by business travel buyers.

Nearly four in every ten (39 per cent) corporate buyers who took part in the research claim they will have used serviced apartments more in 2016 than 2015. This figure compares to increases of 19 per cent and 13 per cent in 2015 and 2014, respectively. 41 per cent of buyers used fewer five-star hotels. 60 per cent will use more budget range hotels and 87 per cent more mid-range suppliers.

The top five reasons given by buyers for using serviced apartments over alternative accommodation options are:

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