Search Results for: Germany

Regional Reports – Europe

The continued weakness of sterling throughout 2009 has also seen costs for assignees coming to the UK fall. Central London has dropped significantly in the cost of living ranking as many Western European and US locations become more costly than the UK. Moscow remains the most expensive city in Europe for expatriates. The Spanish financial …

Global Apartment Listings

by Bard Vos & Maggy Sainsbury Worldwide Apartment Listings Top 15 Global Providers Group Locations Units Marriott Hotels 778 103,659 Extended Stay Hotels 683 77,200 Intercontinental Hotels 318 33,878 Oakwood Corporate Housing 1,922 25,960 Hilton Hotels 223 24,547 Accor Hotels 160 19,359 Ascott International 95 13,287 Wyndham Worldwide – Hawthorn Suites 92 10,000 Choice Hotels …

Industry Benchmark

by Mark Harris Regional Analysis Europe (Excluding UK) Major Extended Stay Brands in Europe Brands Properties Units Locations Accor Suitehotel 20 2,566 Germany, Austria, Switzerland – 6 hotels France – 14 hotels Adagio* 16 2,300 France and Italy Ascott Group Ascott 45 4,944 France – 3,522 units Somerset UK – 851 units Citadines Belgium 322 …

New Horizons – The Rise of the Serviced Apartment

By Charles McCrow, The Apartment Service The corporate market has waited a long time for serviced apartments; just over 20 years in just about every region outside the USA. Serviced apartments, mainly in the form of Extended Stay Hotels, are now proliferating in countries such as Australia, Singapore, Thailand, South Africa, Germany, Brazil, Dubai, France …

Industry Overview

by Mark Harris Apartments are working for corporates because there are more of them, they are cheaper than hotels for long stays. Top internal company assignment destinations: 2007 2006 Country % 1 1 United States 22% 2 3 China 19% 3 2 United Kingdom 15% 4 6 Singapore 4% 5 4 Germany 3% 6 7 …

Industry Overview

by Mark Harris Costs are no longer the sole drivers in corporate accommodation procurement. The work place has changed dramatically in the last 15 years. The workforce is increasingly mobile according to Manpower, more people are living and working away from their home countries than at any other point in history. The Global Expatriate Population …

Regional Report – Europe

Travel and tourism delivered 7.9% of Europe’s entire GDP in 2011, directly employing 10 million people and sustaining 28 million jobs. Employment in the travel industry is predicted to grow by 1.2% per annum over the remainder of the decade, more than any other sector of the economy. Demand The Global Business Travel Association (GBTA) …

Regional Report – Central and South America

South America’s economic growth and increasing stability has created a promising business climate in the region. The development of the main cities has also thrown up compelling investment opportunities. However the picture in each of the region’s countries is not consistent. Whilst nations integrated to the financial markets of South America, Brazil, Chile, Colombia, Peru …

Partner Perspectives – Adagio

The brand Aparthotels Adagio is providing urban accommodation solutions for extended stays in major European cities. The brand has the largest network in Europe with 90 properties and 10.000 apartments. As the No 1 network in Europe, it offers different geographical locations to meet the needs of the extended stay travellers, providing two product ranges: …