Articles tagged “serviced apartments”

The market for long-term serviced apartments is being dragged, thankfully, into the digital era by companies like Homelike. Plus: Funding news for Roomex, FunNow, Vntrip, and Roto Travel.

The serviced apartment sector appears to be thriving, although it faces a challenge from reduced growth among corporations. The bigger threat could be the mainstreaming of homesharing services like Airbnb at a time when serviced apartment providers are in the midst of a building boom.

If you don't know what a serviced apartment is, you're likely not alone. And that's probably one of the biggest problems this lodging sector faces as it tries to grow beyond catering solely to corporate travelers.