For stays of a day, a week, a month or a year, serviced apartments (also known in the sector as Aparthotels, corporate housing or extended stay housing) offer a spacious, flexible and cost effective alternative to restrictive hotel rooms, with an average saving of 15 - 30% on an equivalent standard hotel.    more

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The Apartment
Service Blog

September 21, 2008

TAS Industry benchmark by Mark Harris

"The Apartment Service estimates that worldwide, in 2008, there are around 452,000 serviced apartments operating in over 7,000 locations, typically with around 60 units per property. Based on average achieved sector occupancy levels, the annual size of the global serviced apartment sector is over USD $18.5 billion. ."

Read the full feature here: TAS Industry Benchmark

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