
As the global recovery moves ahead, the UK’s fast-growing serviced accommodation industry is meeting the needs of companies relocating employees around the UK or sending assignees overseas.
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Business Travel Magazine looks at the rapid growth of the serviced apartment sector, currently creating stiff competition for the hotel industry. Analysing the pros and cons of this type of accommodation, the article features our very own Carol Harwood discussing the rise of companies turning to serviced apartments as cost-efficient alternatives to corporate hotels.
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Demand for serviced apartments in London has been steadily increasing since 2009. Rising demand is fuelled by a growing number of corporates mandating the use of serviced apartments and the growing profile of the sector amongst leisure travellers.
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