NZ Property Investor

SERVICED APARTMENTS BOOKED IN FOR GROWTH

The serviced apartment market in New Zealand is primed for growth with an uptick in occupancy levels in this segment of the commercial accommodation sector, says Wayne Keene, Bayleys hotels, tourism and leisure director. “People are booking well-priced options that allow for a home-away-from-home experience.”

Most serviced apartments include a bedroom or multiple bedrooms, depending on its size, fully equipped kitchen, living area, bathroom or en suite facilities and parking. Some come with access to workspace, a gym and a swimming pool.

“There's a real benefit in having technology-enabled accommodation complete with dedicated kitchen and laundry facilities as travellers and guests are shying away from communal amenities and facilities given

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