The UK serviced apartment sector enjoyed strong growth throughout 2017, according to new figures from ASAP and STR. Based on STR’s year-end performance figures, UK serviced apartments recorded an actual occupancy level of 81.7 per cent, a 0.2 per cent increase over 2016. Meanwhile, average daily rate (ADR) spiked by 5.4 per cent to £148.48. […]
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