With the recent news that the serviced apartment industry is set to double in size over the next two years, there’ll be plenty of people who’ll be staying in an apartments for the first time when they’re on their travels. If you’re one of them, here’s a few things you may not know about serviced apartments.
With hotel rooms, you pay the same rate per night whether you book for one night or ninety nights. With serviced apartments, the longer your stay the less you’ll have to pay per night. This is down to two factors. Firstly, operators value longer stays as they provide an assurance of occupancy for extended periods and, therefore, they offer attractive rates to encourage longer stays. Secondly, reduced rates are stimulated by the fact that VAT reduces from 20% to just 4% when stays surpass 28 days in length.
They’re not as expensive as you’d think
Regardless of whether you can take advantage of a reduction in rate, serviced apartments are not as expensive as you may think. In central London it can be difficult to find an adequate hotel room for £100 a night but there are plenty of serviced apartment options which provide more room and better facilities at a similar price point.
You can find them pretty much anywhere
Wherever you require temporary accommodation for business you can be pretty sure that there are serviced apartments available. The industry has been growing rapidly over the past few years and operators are springing up in new locations around the world all the time. We work with property partners in more than 400 cities around the world, but, if you need a serviced apartment in a location we don’t currently cover, we’ll do our best to find a solution.
Bring your pets
If you’re relocating to a new city, the likelihood is that you’ll be bringing your family with you and, for many people, that includes the family pet(s). It’s comforting for pet owners to know that there are many serviced apartment operators that allow your fluffy friend to stay too, but, be prepared to pay a small charge for the extra cleaning required at the end of your stay.
Serviced apartments offer all the home comforts that you’d want when staying away for any length of time. Many have full premium television subscriptions such as Sky while others have smart TVs that allow you to login to Netflix and super-fast Wi-Fi.
If you’re completely new to the concept of serviced apartments, take a look at our beginners guide to get up-to-speed and understand some of the main benefits of upgrading your temporary accommodation experience.