Business and Management

The Rise in Popularity of the Serviced Apartment

Serviced apartments are a comparatively recent phenomenon. They are completely furnished apartments which have comparable amenities to hotel rooms and may be used for long-term or short-term, providing a home kind of experience.

Some of the primary advantages of staying at exclusive hotel apartment rather than a resort are that they provide on average 30 percent more room, more privacy.

Therefore, they are somewhat more cost-effective in relation to there being no additional hidden costs and completely equipped kitchens reduce dinner expenses.

According to The Apartment Service, serviced flats are approximately 15 – 30 percent less expensive than hotel rooms, adding to their appeal to companies as well as the discerning tourist alike.

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Additionally, families can have a preference to remain together and need a different setup to what resorts offer, when it comes to needing to maintain an older relative close, using an office room to catch up on job tasks, or to let older kids more solitude.

As we've mentioned previously, serviced flats are outperforming resort rooms concerning occupancy prices.

On account of their cost-effective temperament, they are getting to be popular with companies sending workers on business trips, and people travelling for leisure that need more flexibility within their lodging than what a resort can provide.