Page 28 - StudyTravel Magazine July/August 2021 Issue
P. 28

SPECIAl REPORT



         The new future of                sions with international agents,   “Because social distancing is likely
         accommodation                    Michele has gauged that the appetite   to remain this will mean that accom-
                                          for youth and study travel is still there.   modation operators will need to make
         Despite the many challenges the sec-  “We are already receiving bookings   a number of ongoing adjustments to
         tor has faced over the last 18 months   for imminent arrivals from countries   maintain this,” he says, adding that
         there is a real air of optimism among   that are currently on the green list and   business will not simply ‘go back to
         student accommodation providers.  have every expectation that demand   normal’. Nonetheless, in the interim,
           Harsha is confident that homestay   for international travel will increase as   Umang hints at plans for more student
         accommodation will become more   soon as restrictions are lifted in vari-  residences as well as expansion
         popular than it was pre-pandemic.   ous countries.”               into Latin America and Europe, “to
         “We still believe and have huge confi-  Luffy at GEC agrees and predicts   actively support agents with student
         dence that homestay accommodation   a V-shaped bounce-back in demand   accommodation to return to a more
         is the safest accommodation and will   post-pandemic. Rather than shared   dynamic market”.
         become even more popular than it was  accommodation, however, she    Meanwhile, Spotahome plans
         before. This is through its safety, flex-  predicts greater demand for single   to expand into 100 cities across
         ibility, for our pledge and guarantees   occupancy accommodation.   Europe and the Middle East this
         on accommodation availability, as well   Looking beyond the immediate   year, says María, and is dedicating
         as quality and safety for international   challenges of Covid-19, Umang cau-  more time and resources to working
         students of all ages.”           tions that the future of the student   with language schools, universities,
           Through online attendance at vari-  accommodation sector still depends   business schools, agents and
         ous events and having had discus-  on when student mobility is restored.   student associations.






         says Umang. European markets     able to expand our business beyond   residents and maintain, on average,
         were particularly keen to travel   the student market at some of our   70 per cent occupancy.”
         again, he adds. Furthermore, with   own sites, allowing them to continue   Spotahome www.spotahome.com,
         the successful roll out of the UK’s   operating,” says Michele.   an online booking platform specialising
         vaccination programme other markets   Like Britannia, Hosts International   in non-vacation home rentals of
         also started to recover. “Within the   also diversified its target audience.   over 30 days, covers nine countries
         last three months, we have found that   “We now attract a lot of younger   and 14 European cities. According to
         bookings have increased further from   students, home-based domestic   International Partnerships Manager,
         Asia Pacific along with CIS Countries,”   students, and different sources not   María Ordovás, it too experienced an
         says Umang. “As the UK vaccine   just from language schools but the   initial wave of cancellations when
         programme has rapidly been rolled   wider industry as well,” notes Harsha.  the pandemic first hit. However,
         out, this has given a lot of parents and   Having a more adaptable business   the market soon adjusted with a
         students the confidence to return to   model worked for GEC www.  significant growth in the number of
         the UK.”                         gecliving.com, the largest off-  properties opting to advertise on its
           Britannia continued to         campus student accommodation     platform and increased interest from
         accommodate students and youth   facility in Vancouver, Canada. When   local and national students. Those
         travellers, as well as offer support   Canadian borders were closed to   studying and/or working remotely
         and quarantine services at its London   new international travellers in   (known as digital nomads) proved a
         and Brighton sites throughout the   March 2020, GEC quickly shifted its   new source market, too, confirms
         pandemic, notes Michele. Being   target demographic to help fill the   María, accounting for 40 per cent of
         flexible with bookings and looking   shortfall in bookings, explains GEC   total rentals.
         outside of the traditional student   Marketing Manager, Luffy Ding. “We   Several accommodation providers
         market has been key to continued   were fortunate enough that all our   made a conscious effort to update
         business. “Britannia has always been   residences were operational during   their policies in response to the
         flexible in outlook, offering short- and   the pandemic. Due to the flexibility   pandemic and in some cases even
         long-term accommodation, all year   in our accommodation, we were   create a blueprint for others
         round. As we operate various property   able to shift our target demographic   in the industry. For example,
         types on a flexible basis, we were   from international students to local   Hosts International was one


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