Temporary living - the segment of the future - now more than ever!
The last few weeks have shown in what a unique way the worldwide business and travel life has been brought to a standstill by the pandemic. We have observed that serviced apartment providers in the accommodation sector have been able to keep the majority of their properties open and in March occupancy rates of up to 70 percent were even reached, currently around 30 to 40 per cent.
Many homes currently have longstay business travellers and employees of nearby health and care facilities as guests who are currently looking for a secure and flexible temporary living and home office solution. Serviced apartments score points with their standard kitchenettes, separate living and sleeping areas and mostly contactless access to nearby supply facilities. Added to this are the significantly lower longstay rates than in the classic hotel industry.
In order to be able to provide valid figures and analyses of the current demand and development of the serviced apartment segment, we are currently conducting numerous surveys with operators and presenting the results in our market report, among other things, which will be published in June 2020 with the figures before and during the corona crises and forecasts the possible further development of the segment. On this basis, we will be able to incorporate numerous new and unique primary data and findings in our expert reports and analyses in the coming months, which will enable investors, project developers and operators to make even more reliable estimates of their future projects.
Get in contact with us! We look forward to talking to you!
Warmest regards and stay healhy,
Founder and Owner of Apartmentservice
Long before the segment of serviced apartments was known in the German-speaking regions, Apartmentservice recognised the potential of temporary living and focused on it.
With the dynamic development of the segment we constantly adapt our special knowledge to the new forms of living and give your ideas a sustainable future. Our studies are individual, detailed and constructively critical for the success of your project.
We give advise with a 360-degree perspective and accompany your projects with heart and mind from development to commissioning: with unique market knowledge and surveys, powerful synergies of experience, network and personal commitment to the industry. We see developments long before statistical data is available.
Do you have a concept idea, perhaps also a location, a property? Then find out more about our extensive consulting services. Tailor-made and focused on the future, we accompany your project in every development phase and bring it successfully to its goal.
We want to actively promote the temporary living segment. To this end, we are committed to exchange, uniform standards and terminology and create valuable cooperation. Become part of it. Discover our network!