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Expansion expected for 2017 – Savills

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Expansion expected for 2017 – Savills

In just a few weeks, Christmas will be a memory of the past and the New Year will be well under way, but it won’t just be waistlines that have expanded over the festive period.

Statistics from real estate advisor, Savills published on ASAP report that 2017 will see record expansion of extended stay stock expansion – including fully serviced apartments. Perhaps surprisingly, it isn’t the capital, London, which is expected to see the biggest growth – but Manchester, with the north also expected to be among the big gainers.

The same report also notes that more than four-out-of-five (82%) new properties will feature in regional cities – including Newcastle.

It’s more good news for the sector – which includes serviced apartments – after 2016 also showed growth, with serviced apartment news reporting in July that growing demand would see the industry would be worth around $170bn (Approx £136bn) by 2019.

 

newcastle
The north – including Newcastle – is set to see serviced apartment growth in 2017

 

At Week2Week we already have a wide range of prime location, fully serviced apartments in the north east. However we aren’t ones to rest on our laurels, which is why we’re looking for 2017 to be our biggest and best year yet with exciting plans for our own portfolio expansion in the pipeline.

It all means more fully serviced apartments in more prime locations in the north east of England, no matter your reason for travelling to the region.

So, be it work, family or even just a trip away, Week2Week serviced apartments has you covered with apartments available for as long as you need them, be it days, weeks, months or even years.

To find out more about our range of apartments, or to make an enquiry, call us on 0191 281 3129 or drop us an email to info@week2week.co.uk and remember to keep your eyes open on week2week.co.uk for our latest news, including expansion.

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