What is a Serviced Apartment and How Do They Differ Over Your Standard Hotel Room? It is very apparent that service apartments/aparthotels are on the rise, but have you ever wondered what they are and how they compare to the hotels we all know and love? Below we will discuss the key differences along with…Details
With over 30 years of experience in the hospitality and property industries, The MRP Group is a leading consultant to the extended-stay market focusing on Serviced Apartments and Aparthotels.
The Group focuses, and has extensive experience in advising, structuring, and transacting business agreements in the Serviced Apartment and Aparthotels industry. We have successfully completed contracts in the UK, Europe, Middle East and Asia.
We have successfully advised multiple companies, individuals, owners, operators, investors and banks on all aspects of the Serviced Apartment and Aparthotel Sector.
Collectively, Max and The MRP Group have significant experience attractions in the industry including for one of the largest Serviced Apartment transactions in 2018 between Oaktree Capital Management and Brookfield Asset Management.
The MRP Group have successfully run multiple operator searches for lease and management agreements, delivering record breaking returns per room/key.
The MRP Group is highly skilled at projects; from full top to bottom review to specialist implementation projects. We have undertaken multiple projects, delivering significant savings to our clients.
One-to-one mentoring to the Business Leader or identified succession planning of employees is a bespoke service that The MRP Group offer, enabling today’s dynamic market place disrupters to benefit from Max’s experience in the sector which has exceeded 30 years.
As part of The MRP Group’s services, Max is often asked to consult for Businesses
in or aligned to the sector. This role is typically approached in the capacity as a Board Senior Advisor or can evolve to a Non-Executive board appointment.
An interview with the CEO
Max Thorne, Founder and Chief Executive of The MRP Group, has over 30 years of experience within the Serviced Apartments and Aparthotels industry. Having successfully sold three operating companies, each for an industry record amount, Max is now focused on providing his knowledge & experience to benefit others. Click here to view the interview & learn more about the team.
What our customers say about us
Max and The MRP Group have successfully advised a number of operators and investors including the sale of SACO to Bridgestreet Asset Management for an industry-record value. The MRP Group have also successfully transacted on a number of properties with operators. Click here to view what our clients have said about us.
Jurny Enters European Serviced Apartment and Aparthotel Market with New London Location Jurny, Inc., a hospitality tech company pioneering the next generation of tech-first, on-demand accommodations, today announced its expansion into the European serviced apartment and aparthotel market with its first location in London. Through strategic partnerships with industry-leading consultancy firm The MRP Group and London-based Clockwork…Details
How Is Technology Changing The Construction Industry The construction industry has evolved significantly since the start of the century and continues to be a highly competitive industry. However, with material and labour costs increasing as a result of macroeconomic events such as Brexit and Covid-19, and with the addition of new regulations such as energy…Details