V Hotel and Serviced Apartment in Happy Valley is an example of a refurbished development targeting the growing serviced apartment market. Photo: Edward Wong

Hotel shortage boosts demand for serviced apartments, prompting office block conversions

Owners are converting underused, non-prime office buildings to tap market for longer-stay accommodation and boost rental incomes

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V Hotel and Serviced Apartment in Happy Valley is an example of a refurbished development targeting the growing serviced apartment market. Photo: Edward Wong
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