The rise of the serviced apartment

Whilst the concept of serviced apartments has been around for a number of years, it wasn’t until the last decade that this kind of accommodation has really taken off. Serviced apartments are now firm favourites with both holidaymakers and business guests alike.

What is a serviced apartment?

A serviced apartment is a fully furnished property available for a short-term or long-term stay. Unlike vacant or even furnished flat rentals, a serviced apartment is more akin to a hotel as it usually contains amenities such as WiFi, laundry (towels, bed linen etc), a washing machine and tumble dryer and a fully equipped kitchen.

The property is well maintained and regularly cleaned in much the same way as a hotel room is, so you can simply check-in, unpack and get to know the area.

Who stays there?

Serviced apartments attract a diverse selection of guests ranging from executives who need a ‘home’ whilst they are working away on business, to holidaymakers who need a complete residence for their family vacation.

In addition, there has been a rise in bookings from individuals who are having work carried out on their homes, or who are moving house and need somewhere temporary to live for a few weeks.

Families enjoy the fact that they can cook their own meals or choose to eat out depending on activities that day. Parents love the fact that they can put their feet up and watch TV in the evenings whilst their children sleep soundly in the next room.

Serviced apartments offer great value for money as you pay for the apartment – and not by the person. This means that you can rent a 2 bed/2 bathroom apartment which sleeps 4 people from as little as £150 per night.

Why are serviced apartments so popular?

Consumers and business visitors alike love the fact that they get so much choice when they book a serviced apartment – it’s just like home but with the facilities, you would expect from a hotel, as well as access to high-speed Wifi and a great selection of satellite TV channels.

With a fully equipped kitchen, you can cook your own meals so eating out is a treat rather than a necessity. So, whether you choose to stay in or go out, your needs are met.

It’s easy to see why there has been a phenomenal rise in the popularity of serviced apartments, and they can now be found in pretty much every town and city across the world.