The Urban Retreat: The Urban Retreat confirms the rise of the Luxury Apartment Market

The Urban Retreat
The Urban Retreat confirms the rise of the Luxury Apartment Market

25-Feb-2025 / 17:37 CET/CEST
The issuer is solely responsible for the content of this announcement.

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The holiday rentals company Urban Retreat confirms luxury serviced apartments in London are now the preferred alternative to hotels.

London - Luxury travellers are increasingly choosing high-end serviced apartments like The Urban Retreat Apartments in Mayfair, which offer exclusivity, comfort, and five-star amenities.

The Changing Landscape of Luxury Travel
Luxury travel has evolved beyond opulence-today's travellers seek privacy, personalised experiences, and a home-away-from-home. Industry reports project the global luxury travel market to grow at a 7.8% CAGR from 2023 to 2030, with rising demand for alternative high-end accommodations.

"Luxury travellers expect more than a lavish hotel suite," says Lorraine Rikie, Property Manager of The Urban Retreat Apartments. "They want a home-like space with top-tier service, exclusivity, and flexibility-something hotels often lack".

Why Luxury Serviced Apartments Are Winning Over Travellers
Luxury serviced apartments blend hotel-style services with the privacy and space of a private residence. Key benefits include:

• Privacy & Security - Ideal for celebrities, executives, and high-net-worth individuals.
• Personalised Services - Concierge, private chefs, and chauffeurs for tailored experiences.
• Spacious Living - Multiple rooms, fully equipped kitchens, and private lounges exceed hotel suites.
• Prime Locations - The Urban Retreat Apartments in Mayfair offer immediate access to London's top attractions.

The Urban Retreat Experience: A Cut Above the Rest
At The Urban Retreat Apartments, guests enjoy bespoke services such as 24/7 concierge support, daily housekeeping, and in-apartment wellness treatments. Whether visiting London for business or leisure, the apartments provide unmatched comfort and sophistication.

"Our guests appreciate the ability to entertain, work in peace, and explore London at their own pace-all while enjoying five-star hospitality," adds Lorraine Rikie.

A Growing Trend with a Promising Future
The rise of luxury serviced apartments marks a shift in how high-end travellers experience global cities like London. With increasing demand from international and domestic guests, industry experts predict continued growth in luxury apartment bookings over the next decade.

For more information on The Urban Retreat Apartments or to book a stay, visit www.urbanretreatapartments.com.

Contact Details:
Lorraine Riki
[e-mail]
[phone]

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Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

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End of Announcement - EQS News Service

2091387 25-Feb-2025