Self-contained and fully furnished, serviced apartments are designed for short term to medium term stays with all the facilities and fittings you need for an extended trip away from home. In addition, serviced apartments give a more homely feeling because of the space they offer guests, with separate living and sleeping areas.
The cost-effectiveness of serviced apartments attracts corporate clients and is one of the reasons why the market for this type of accommodation is growing steadily. Not only is the rental price for these apartments lower on average than a corporate rate for a hotel, but the incidental business costs are substantially lower too.
With many companies looking to reduce their travel budgets, serviced apartments can offer considerable cost savings compared to stays in traditional hotels. With today’s trend of outsourcing and off shoring business services, offering short-term assignments and fixed term contracts, serviced apartments are a real alternative to hotels for short-term stays for the corporate traveller.
The most notable savings on these extra costs results from the absence of restaurant bills, room service charges and bar tabs. Serviced apartments have a kitchen as standard so that guests can cater for themselves.
Entertaining business clients in a serviced apartment, instead of a hotel restaurant, can also amount to savings for the company, as well as perhaps providing a more informal atmosphere for discussions.
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