Franchised accommodation business Quest Serviced Apartments has achieved revenue growth of more than 10 percent for the 2009-10 financial year, and is predicting a positive year ahead.

Nick Suriano, general manager of Quest, said the difficult times in the leisure market had not been reflected across the business travel sector.

“Our clients have been loyal with our average occupancy rates remaining buoyant, at around 80 per cent. Our growth, year on year, is the result of a continued focus and commitment to the business traveller, and our proven strategy of choosing property locations where business and industry is expected to boom,” he said.

Upcoming openings include accommodation in Palmerston, Northern Territory, an area benefiting from the mining and defence sectors and infrastructure projects.

The franchise business now has more than 125 serviced apartments in central business districts, suburban and regional areas and plans to open another seven properties over the next 12 months.