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Topics - CTG

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Questions about Service Apartments / Less interests in service apartments
« on: December 16, 2016, 09:06:38 PM »
With the advent of AirBnB. I think there is a drop in interest in service apartments as tourist and visitors tend to stay in homes or private apartments. I know for sure hotel occupancy has dropped and some of the hotels are in a semi-panicked mode. For foreigners, many of them are staying in my apartment blocks for a few weeks. Just to experience what life is at a local level. Many people including myself are not very keen to open up apartments to visitors on a short term basis. Security will be poor.

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