Developers, consultants and operators all agree, that at a
time of fierce competition in the hotel market, it is well worth looking at the
potential of extended stay hotels. Any research there is into this market
doesn't suggest large-scale demand
Analysts however insist that because the extended stay hotel
market in Warsaw is as yet underdeveloped, there is a good chance that any such
undertakings will be successful. Their potential has prompted investors,
including developers and major international operators, (who until recently,
focused primarily on traditional hotels), to look around for locations for
apartment hotels. There's even a rumour that the Radisson SAS, the Marriott and
Warsaw's Hyatt are thinking about entering this new market.
Banks said "Yes"
In another real estate magazine April last year, Michał Kubicki, Vice-President
of PIA Piasecki Inwestycje (now KB Inwestycje), said this about extended stay
hotels: "it's a very particular niché in