Key Take Away

While hotels are hit hard by the lockdown, Serviced Apartments continue to survive on the base of their long-stay guests. Operators like Ascott Limited, highlight this advantage to asset owners and prospective investors

The Ascott Limited is a Singapore company that has grown to be one of the leading international lodging owner-operators.

ET Hospitality World spoke to Supriya Malhotra, Area General Manager of Ascott Chennai cluster to understand the business and how Serviced Apartments are better placed than regular hotels in the Covid-19 crisis.

For More Information:

https://hospitality.economictimes.indiatimes.com/news/hotels/our-serviced-residences-deliver-a-higher-efficiency-in-operations-compared-to-our-peers/75466391