Branded residence development sees 'phenomenal growth' around the world - with more to come
Feature

By PrimeResi Journal

The number of branded residential developments around the world has escalated by 195% in the last decade, reports Savills, and the hotelier-dominated sector is set for more significant growth in the coming years as more lifestyle brands enter the market...

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Main image: Marriott International's W Residences Algarve, Portugal

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The number of "branded residence" developments around the world has jumped by 230% over the last decade, reports Savills, and is expected to nearly double again within five years.
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The global branded residential property sector is changing, reports Knight Frank, as more hotel and lifestyle brands bring new visions and more diverse ambitions
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A burgeoning global crop of luxury 'branded residences' command an average price premium of 31% over non-branded counterparts, according to new research by Savills - but there are significant differences…