Serviced apartment demand powered by robust FDI inflows
Market“On the back of strong FDI flows, the serviced apartment sector continues to perform well.” – Le Thi Quynh Le, Associate Director, Residential Sales at Savills Vietnam.
Why competition for customers in the serviced apartment is about to be heated?
MarketFor now, the serviced apartments sector is still “safe” from the disruptive effect of short-term lodging brokerage services such as Airbnb. However, as this trend grows, the competition for customers is likely to be heated.
Serviced apartment is the new tempting investment channel
MarketThe serviced apartment is a real estate product aimed mostly at tenants such as expats, long-term visitors and a small proportion of short-term tourists, according to CBRE.
