SACO to double serviced apartment estate


Serviced apartment operator, SACO has revealed plans to double its portfolio to twelve, including opening new branches in London and Manchester.

Along with three sites earmarked for London and one in Manchester, the company will also open its first aparthotels in Amsterdam and Dublin by 2020.

The six new properties, plus a seventh due to be announced shortly, will incorporate 905 units between them, almost doubling SACO’s footprint of managed units from 980 to 1,885.

The new properties in Manchester, Dublin and one in London on Buckle Street will be operated under new lifestyle aparthotel brand, Locke.

The Amsterdam property will be a SACO Aparthotel, and the two additional properties in London in Fitzrovia and Moorgate will be SACO serviced apartments.

The new locations have been chosen as they are all in major UK and European hub cities, which attract a mix of transient business traveller stays, extended stays and demand from leisure travellers, boosted by growing demand from a number of key sectors including technology, media and creative.