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5 Considerations Before Starting A Service Apartment
Submitted as: Paras
Serviced apartments have significantly redefined corporate stays in recent years. With a growth rate of over 15% per annum, serviced apartment sector is the most buoyant segment of hospitality industry. While it is growing at a phenomenal rate, there is still a supply-demand gap which can be gauged by the fact that over 20% of hotel stays are due to the lack of serviced apartments. Many apartment owners are converting their properties into serviced apartments, lured by the attractive returns. However, there are some vital points that need to be considered before starting a service apartment.(read
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Category : Travel