Serviced Apartments in Europe – At the Crossroads Between Niche and Mainstream

During the last 12 months, the serviced apartment sector in Europe gained further momentum with major activity in development, branding and transactions putting the extended-stay market more firmly on the real estate map.

During the last 12 months, the serviced apartment sector in Europe gained further momentum with major activity in development, branding and transactions putting the extended-stay market more firmly on the real estate map. There seems to be a better understanding about the differences in the main underlying business models – aparthotels and corporate housing – which illustrates that the industry is moving ahead.