Market spotlight: Germany

Anett Gregorius of apartmentservice.de tells SAN about the challenges and opportunities for the German serviced apartment sector.

• How is the German serviced apartment market performing?

The market is performing very well. Compared with 2016 we have seen a 22 per cent increase in the number of units, to around 32,600 units in Germany. As the segment is growing we can see even more diversity of concepts. Micro apartments for example are a huge trend in Germany at the moment.

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(Serviced Apartments News, Piers Brown, 28.11.2017)