The Serviced Apartment Sector in Europe 2024 - HVS

Jul 16, 2024 · More than 12,600 rooms are expected to open within the next four years, reflecting the high level of activity in the serviced apartment sector within the industry. Of these, 33% of …

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The Serviced Apartment Sector In Europe 2024 - HVS

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The Serviced Apartment Sector In Europe 2022 – Navigating The …

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Mar 31, 2022 · With more than 13,400 branded serviced apartment units expected to open in Europe in the coming four years, the sector continues to show a very active pipeline. 35% …

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FAQs about The Serviced Apartment Sector in Europe 2024 - HVS Coupon?

How many serviced apartments will open in 2024?

More than 12,600 rooms are expected to open within the next four years, reflecting the high level of activity in the serviced apartment sector within the industry. Of these, 33% of the units (around 4,100) are due to open in the second half of 2024, followed by 45% set to open in 2025, 12% in 2026 and 10% in 2027. ...

What are serviced apartment asset transactions in Europe?

Serviced apartment asset transactions in Europe over the last 18 months included a mix of portfolio- and single-asset transactions. Chart 7 presents details of the recent, single-asset, serviced-apartment transactions that were available in the public domain. ...

What is the outlook for the serviced apartment industry in 2022?

Hans Meyer, Co-Founder Zoku Overall, despite ongoing challenges in 2022 HVS is very optimistic and foresees a positive outlook for the European serviced apartment industry in 2022. ...

What makes a serviced apartment a good investment?

Most organisations in the serviced apartment sector are very young compared to their counterparts in the hotel sector, which means they have been able to react quickly to a changing market environment and shown a great deal of agility in these unprecedented times. ...

How many apartment units does Sonder have in Europe?

The company currently operates more than 2,500 serviced apartment units in European cities, including Berlin, Barcelona, Florence, Frankfurt and Vienna. Additionally, the San Francisco-based hospitality company Sonder officially debuted on the public markets after cutting ties with special purpose acquisition company Gores Metropoulos II. ...

Why is the serviced apartment sector growing so well?

An increase in remote working also means that boundaries between leisure and business are becoming increasingly blurred, which is one of the main reasons why the serviced apartment sector continues to do so well: its products are versatile enough to cater for many different purposes. The new breed of brands tends to put connection at its forefront. ...