Brand differentiation comes down to the services you offer. Full, medium or light service – the key to brand differentiation of serviced apartments is driven by giving consumers a choice. These options can range from the luxury class requiring in-room silver service to the budget sector with vending machines. Oftentimes it’s the space in the…
Going Green or Being Cheap – Customers favour businesses with sustainable development programs, make sure they understand yours. Being green is more significant today than ever before. Unfortunately, most attempts to deliver the message have been confused. Guests often perceive that a company’s attempt at reducing its carbon footprint is just a thinly veiled attempt…
The MRP Group are proud to announce that Project Fleet in Liverpool is now Live to the market, and looking for an operator. Located within walking distance of Central Station in the Ropewalks Quarter, this is a 52 unit boutique Aparthotel, consisting of artfully furnished studios and terraced penthouses. Additionally, the Aparthotel will have a…
On our recent away day, part of the agenda was to establish a clear statement that was core to The MRP Group’s objectives. Something that defined our mission and what we brought to the industry. After a lot of deliberation, we decided that Catalysers, Initiators, Market Creators was the message that defined us the best.…
Variety of room size is key to sector growth, and if the consumer is willing to adapt, so should brands. Over the last two years, I have been invited to see many new prototypes of proposed rooms within the sector; these range from 20m2 to 60m2. A question that I’m often asked is at what…
The MRP Group are excited to announce that Project 1919, a luxury Serviced Apartment building in Leicester has signed Heads of Terms. This is a 120 unit Aparthotel in the cultural hub of Leicester, the site will benefit from additional commercial space at the back of the property. The Serviced Apartment will encompass a range…
On Friday 28th June, The MRP Group attended a gathering for PFC Ethiopia at the Bel and Dragon in Cookham. We got to meet all the fantastic Junior PFC Ethiopia Ambassadors raising money for Gende Tesfa Breakfast Club. The Junior Ambassadors were shocked to learn that their friends in Gende Tesfa were going to school…
The MRP Group are happy to announce the reveal of the upcoming Project Fleet in Liverpool. Located within walking distance of Central Station in the Ropewalks Quarter, this is a 52 unit boutique aparthotel, consisting of artfully furnished studios and terraced penthouses. Additionally, the aparthotel will have a private resident’s gym, café and restaurant. The…
With today’s technology, the operators’ ability to gain data on the consumer is significant; however, too many operators fail to capitalise on this information. In the past year, I have travelled extensively with over 150 flights and over 100 nights in diverse hospitality offerings. Having engaged fully with the brands utilising their digital presence and…
The MRP Group and Saxbury are consulting with Glenwell Group on their recent acquisition of a prime Asset in London with huge redevelopment potential. Situated on the edge of the square mile, Project Vogue at 92 Middlesex Street has recently obtained C1 planning approval and will soon be redeveloped to provide circa 93 units, with associated amenity space…
The MRP Group are pleased to announce that Project Eden, a boutique serviced apartment and aparthotel development site is now under offer. Located in a central position of the Falmouth, Project Eden will be developed to provide 19 units featuring a mix of one and two bedroom apartments alongside ground floor office space. The MRP…
Lack of investment in workforce training and development will leave a massive gap in meeting hospitality labour requirements. Let’s face it; the UK hasn’t got the best track record in the service elements of many industries, in particular, the hospitality sector. The last stats I read suggest that over 60% of the UK’s hospitality workforce…
The MRP Group are happy to announce the release of Project Tay in Dundee to the market. Located at 5 Whitehall Crescent, this is a 35 unit aparthotel, consisting of a mix of studios, one and two beds with area for a ground floor restaurant and back of house space, two off-street parking spaces and…
The MRP Group are pleased to announce the release of Project Echo in Liverpool to the market. Project Echo is a converted Grade II listed building encompassing 33 units of serviced apartments in Liverpool’s city centre. Located in a sought-after cosmopolitan area of the city, the site is surrounded by an array of bars and…
The MRP Group are pleased to announce the release of Maiden House in Maidenhead to the market. Maiden House is a converted office building with serviced apartment accommodation in the prominent business area of Maidenhead, in a short distance of the town centre and the new CrossRail station. The accommodation has the opportunity for 46…
Transportation House on the Island of Jersey has been sold. The MRP Group acting jointly with global real estate advisors, CBRE advised on the sale. Transportation House has been formerly exchanged and the acquisition has been completed this month, to include the 63-room aparthotel, which will continue to be operated by BridgeStreet and the first-floor…
Our CEO Max Thorne is delighted to announce the Promotion of Narup Chana to Associate Director. Having joined The MRP Group over a year ago, and was quickly promoted to Senior Analyst, after an exceptional first 6 months. Narup quickly made his mark within the company and in the sector. Narup was recently nominated for…
All-inclusive or buy-the-bed and add on? This type of proposition was mass delivered to market initially by the budget airlines. The premise of this was “buy what you want, and do not pay for services that you don’t need or won’t use”. For the airlines, this meant asking fliers if they didn’t mind a middle…
The digital economy has upended our traditional perceptions of customer behaviour — and some in our sector are still waking up to the economics of this new reality. Today, it’s not enough for a company to sell products or services. Customers want end-to-end experiences and companies have to offer tangible solutions that are helpful and…
Future-Proof Accommodations. Research suggests that investors should future-proof developments because consumer behaviour, which is disrupting multiple verticals, signals that products that can act in all accommodation sectors are in demand and it is forcing legislation to think differently. New generations of renters and travellers think differently about how they visit, live, and work in cities.…