Friday 26 June, 2020 TOP STORY Sonder raises $170 million in Series E round US: Apartment rental company Sonder has raised US$170 million in a Series E round, LATEST NEWS If you missed our last newsletter....check out the stories below
Trio team up for €1 billion Paris venture FEATURES VIDEOS/PODCASTS EDITOR'S COMMENT
• Could it be time for a change in focus, at least temporarily, for the UK serviced apartment sector towards targeting domestic leisure guests as its primary audience? There has been a lot of debate about how willing people will be to travel as lockdown restrictions ease. The answer appears to be that they are desperate to get out and about, certainly if the scenes at beaches on the south coast yesterday are anything to go by.
A survey by recruitment site Caterer.com has found that 58 per cent of Brits have saved money during lockdown, and 36 per cent are planning to spend this on taking a holiday in the UK, with an average spend of £960 per household.
While business travel is likely to make a slow and steady return, serviced apartment operators in locations which appeal to staycationers and city-breakers have a golden opportunity to tap in to this pent up demand by emphasising the self-contained, low touch nature of the product, not to mention the value it often offers when compared with hotels.
Some creative marketing could see the sector bounce back much more quickly than many other hospitality offers.
• Don't forget to register for the next in our Urban Living webinar series, which takes place on July 1st, at 14:00 BST when we will be discussing hotel funding and investment.
Joining me for the discussion will be:
Click here to register for the no cost webinar.
Future topics include:
If you are interested in being a guest speaker in any of the webinars, please contact george@internationalhositality.media
George Sell, editor For more information and sponsorship/advertising Katie Houghton
Group head of sales: +44 (0)7535 135 116
Our events:
International Hospitality Media is the premier specialist in online publishing; conference, exhibition and events, and advisory services for growth sectors of the hospitality industry. The company publishes three industry-leading b2b websites - BoutiqueHotelNews.com and ServicedApartmentNews.com and ShortTermRentalz.com which keep their respective sectors up to speed with news, comment and opinion.
Our conference experience spans four continents and covers high growth segments including boutique, lifestyle and hybrid hotels, serviced apartments / aparthotels and extended stay, and vacation rental. Our events are renowned for their intense focus and attract quality industry leaders, brands and independents, providing unparalleled networking and learning opportunities. We also organise bespoke educational events and investor breakfasts to bring owners, investors, operators, and suppliers together. 'Providing an inspirational community to connect people through world class online platforms and events' © 2020 International Hospitality Media. All Rights Reserved.
Confirmation of your subscription opts you in to receive future updates on the newsletter listed above, in addition to relevant communications from our partners. You can opt out at any time.
|