Horwath HTL Special Market Report: Serviced Apartments in Germany
Horwath HTL Germany have produced our latest market report about the serviced apartment market in Germany.
Being a hybrid of the residential apartment sector and the hotel market, serviced apartments have entered the accommodation market recently and shown great potential in Europe, especially in Germany. As business travellers seek alternatives to standard hotel products and as the number of permanent commuters grows, the demand for temporary living is constantly increasing. By 2019, the German market shows growth potential by +40%, which makes serviced apartments an attractive and promising product for the hospitality market.
About Horwath HTL
Horwath HTL is focused one hundred percent on hospitality, tourism, and leisure consulting. Our services cover every aspect of hotel real estate investment, tourism, and leisure development. Our clients choose Horwath HTL because we have earned a reputation for impartial advice that will often mean the difference between failure and success. Each client project is unique, and they rely on us to utilize the experience we have gained throughout our 100-year history to assist them in achieving their goals. Being a global firm with 52 offices in 40 countries, we have successfully carried out over 40,000 assignments for both public and private clients. As part of the Crowe Global network, a top-ten accounting, and financial services network, Horwath HTL is the number one choice for companies and financial institutions looking to invest and develop in the industry.
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