How extended stay and serviced apartments are here to stay

 width=BridgeStreet’s launch and success as the first technology platform dedicated to business travel have sparked unprecedented growth for the company Ð and new awareness for the sector. The once-curious OTA has quieted naysayers and laid the foundation for all serviced apartments to enter the era of the modern business travellers. This means Corporate Travel Managers can book in real time, Suppliers can access global demand with ease, and technology is evolving to meet those needs to a tailored fit.

Since launching in 2017, BridgeStreet.com has added more than 140,000 serviced apartments, homes and extended-stay hotels around the globe to their platform. BridgeStreet’s accommodation pipeline has enlarged to a whopping 240,000 and the company is on pace to sign on 500 new clients per quarter. This rapid surge is spurring the need for regional expansion Ð and important technology updates Ð to better serve BridgeStreet’s many suppliers. To continue to provide excellent service to clients and guests, BridgeStreet will invest in a 20% increase of regional and local sales and support staff in key growth areas.

Technology and the fundamental focus on how Suppliers and Corporate Travel Managers engage the industry is how BridgeStreet is forecasting the future for Extended Stay and Serviced Apartments. The analytics allows BridgeStreet to listen attentively and make impacting technology changes on a weekly basis. This capacity to respond to feedback and implement change is why Corporate Travel Managers and the Supply Partner world see 2018 as a pivotal year for our industry.

“We’ve made sweeping changes to our business model which actively responds to an industry that demands access, improved user experience, and transparency,” said BridgeStreet CEOÊSean Worker. “It’s taken several years Ð from inception to activation Ð to make BridgeStreet.com a change agent. We’re excitedÊto be thatÊdisruptor knowing that the future of business travel as a whole is reaching more business travelers with ease, interest, and ability.”

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