Category: Luke Stays Property Franchise
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10 Benefits of Owning A Serviced Accommodation Franchise Business Versus Starting Up On Your Own
Serviced accommodation is becoming increasingly popular as more people opt for short-term rentals over hotels. This trend has opened up a new avenue for business owners and entrepreneurs to invest in the hospitality industry. One way to invest in this growing market is through owning a serviced accommodation franchise business. In this blog, we’ll explore…
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Why Franchises Are the Future of Serviced Accommodation
In recent years, serviced accommodation has emerged as a popular alternative to traditional hotels, providing guests with more space, privacy, and home-like amenities. One of the most significant developments in this sector has been the rise of franchises, which has enabled more entrepreneurs to enter the industry and expand their businesses. In this blog post,…
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What Can Serviced Accommodation Business Owners Learn from the New Madoff Documentary on Netflix?
What Can Serviced Accommodation Business Owners Learn from the New Madoff Documentary on Netflix? Disclaimer: This article contains references to mental health issues, extreme fraud, and suicide. Infamously known as “The Monster of Wall Street”, and the “Financial Serial Killer”, Bernie Madoff executed the biggest Ponzi scheme in history, defrauding thousands of investors…
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Why Serviced Apartments will Wipe the Floor with Hotels in 2023
The change in traveller behaviour since the pandemic of 2020 is likely to be bad news for the hotel industry. Research shows that more and more consumers are opting for serviced apartments over a single bedroom in an overpriced hotel because of the flexibility and personalisation they offer (among many other things). As Gen Z…
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“Stronger Together”: Collaborative Success in the Property Industry
I recently read an insightful article on Forbes that compared teamwork in business to the Thunderbirds program. Essentially, it was trying to explain that businesses (and any kind of business community) function at their best when every team member feels valued and like they’re part of the most elite team in the world. If…