Aparthotels Adagio has announced major plans for UK expansion, with plans to quadruple its UK portfolio over the next four years…
Aparthotels Adagio will strengthen its presence in central locations across the UK, with a new opening planned in Leicester by the end of 2019. Other openings in the planning stages include a complex of 136 apartments in Stratford, London scheduled to open in 2020 and a 162 apartment premise in Saint Enoch, Glasgow in 2021.
The brands latest signing will be located in Whitechapel, London in the heart of the historic East End and will open its doors in 2021.
Adagio Whitechapel will have 147 apartments; made up of 112 studios and 35 apartments comprised of two connecting rooms, all featuring a modern and innovative design. For optimal comfort, the new communal areas will benefit from one of the latest Adagio concept “The Circle”, which transforms the public spaces based on customer desire and usage.
“The market for aparthotels in the UK and Ireland is booming, both from an investor and a customer perspective,” said Karim Malak, CEO of Adagio. “Consolidating Adagio Aparthotel’s growing position in the region is key in our ambitious global development strategy. To achieve our goal of quadrupling the number of aparthotels by 2023, we have hired new talent locally.”
The planned expansion reflects the strengthening of Aparthotels Adagio’s presence in Europe and worldwide. By the end of 2019 the brand will have 115 aparthotels worldwide, representing more than 13,000 apartments in 13 countries. By 2023, the brand plans to manage a total of 220 assets, consolidating its leading position in the aparthotels sector.
Main image credit: Adagio