Tweet

Global Serviced Apartment Industry Report 2010

Guest post by: Bard Vos

Article Overview: In February 2010 The Apartment Service has published the second Global Serviced Apartment Industry Report, which looks at the worldwide serviced apartment/extended stay and corporate housing sector.

Global Serviced Apartment Industry Report 2010

"The number of Serviced Apartments has grown by over 15% to nearly 524,000 units worldwide in the last year..." ...says

Charles McCrow, MD - The Apartment Service and publisher of the 2010 Global Serviced Apartments Industry Report (GSAIR 2010).

Thesecond Global Serviced Apartment Industry Report has been published. This edition is an update to the report published in September 2008.

"...In comparison withthe last report, the total number of serviced apartments has grown considerably. The number of serviced apartments shows an increase of 11.2%, whilst the corporate housing total has risen by 53.7%. The total apartment listings worldwide, compared to 2008 have grown by 15.9% to 523,922..."

Under the spotlight in the GSAIR 2010, are the major challenges facing the serviced apartment sector around the world in light of the recent economic 2 year downturn and how this has affected the sector in 6 key regions.

The report, which asked over 3,000 operators to contribute, looks at the commercial and structural changes in the sector in these regions, the problems that apartment operators face and the solutions they are developing to grow this sector profitably.

The conclusion of the report is that the serviced apartment sector, as a whole, is optimistic about the future.

Serviced apartments are becoming more and more an essential part of the 'thinking process' on how SME and large corporate clients handle their staff accommodation requirements and this includes Hotel Booking Agents and Travel Management Companies.

Research is continuing for the third report.

Related Articles
  Business Travel and Relocation: Leased Apartment or Serviced Apartment?
  Serviced Apartments - A Smarter Option for the Business Bedouin
  Serviced Apartments are an increasingly attractive cost option for Corporate Travel and Relocation...
  Serviced Apartments – Giving a Whole New Meaning to Corporate Living
  Do you know what to look for when selecting serviced apartments for your business?
  Challenges in Canadian Franchise Financing in 2010
  The Truth About Serviced Offices ...
  How Many Ways Can You Calculate 2010?
  Offshore Banking in Singapore
  Joint Venture Referral Relationships
  The Overwhelming Logic of Sustainable Business
  Franchise Solutions Named a Top 5 Portal for Overall Performance and Lead Quality by Franchise Benchmark
  Growth of BPO Exports
  Write “Thank You!” on All Your Checks
  Do disk based VTLs draw less power than tape?
  Houston Apartment Search Tips - How to Find Low Cost Move in Apartment
  Utilize the Online Apartment Search Service to Identify 5 to 20 Apartment Projects
  Are Multiple Supply Chains Important (Survey Response 1)
  Booming IT Spending in Middle East & Africa
  1.8 References: Economic Report on Africa 2007

Article Tags: apartmentservice, corporate housing, extended stay, hotel alternative, serviced apartments, short term rentals



Related Forum Posts
Re: Time to get rich in real estate? - House prices, like a lot of the economy in Japan, have been pretty stagnant. Hiroshima is no exception, at least on the secondary market; Apartment in new apartment blocks are more attractive to people who buy for residential purposes.
Re: Global Moderators - Hi GT, In my case, I only have the Report Post and the Quote buttons.
seeking investors for global finance opportunity - Phoenix Global Funding, Inc. is a Global Commercial Loan Brokerage, Merchant Bank, and a Business Consulting Firm that can work on commercial deals of all sizes. Our greatest strengths are revealed through our superior internet interface and our extensive private network of lenders and equity partners with which we can service any company on the planet by having the ability to broker and coordinate mergers, acquisitions, and funding of all kinds. As a full service commercial financial conduit we also provide valuation, business management, and profitability consulting. I am offering common stock ownership in Phoenix Global Funding, Inc. It is exciting to be in a position to be able to share not only ownership but profit in this latest project. Our business plan was developed from the oldest, most reliable and the most profitable business model ever created, LENDING. This is all about what the big boys do on Wall Street everyday. We are raising US$1,000,000.00 with share prices starting at $1.00. The exit strategy is in 3 years with a minimum 3 to 1 return on capital, plus a 20% profit share annually.
Re: How Much Is Your Website Worth? - I guess it is for the website as the section which gives the value is called "Site Value Report". What do you think dnscoop is missing when it values your site?
Re: How to promote business online? - I see some good responses, but I don't see enough information from you Are you drop shipping? Local or Global, what kind of supplies, big or small ticket items, why should we buy from you, etc. New company, what is your budget?, if any


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

Setting Goals for your Home Based Business

Top 7 Tips to Real Estate Agents’ Success

Leader's Success Secret: Celebration

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.