By Mark Harris
or this year’ s GSAIR we have assembled a group of industry professionals to provide their expert insights into the health of the serviced apartment sector, its associated asset classes, and the trends, challenges and opportunities driving corporate travel and mobility programmes.
In this article, our experts give their views on a wide range of topics, from geopolitics, sustainability, and risk management to the evolving needs of travellers, assignees and relocatees, set in the context of recent data from independent sources.
Supply
Over the next five years, approximately 30 % of Europe’ s branded serviced apartment pipeline will be on UK soil, with London accounting for 15 % of pipeline units. 1
2
87 %
ENGLAND
3 %
WALES
9 %
SCOTLAND
1 %
N. IRELAND
3
4
1 hvs. com
2
Association of Serviced Apartment Providers
3
Ibid
4 savills. co. uk 13