New research shows that the serviced apartment industry is about to add around 2,000 apartments in 2020 alone. Because of this, you can anticipate a lot of people will be staying in this accommodations this year and beyond. If you happen to be one of those people, you may want to continue reading. Here are some things you may not know about serviced apartments.
Things You May Not Know
Reducing the Rates
When it comes to hotel rooms, you pay a fixed rate. No matter how many days you book the room for, you can anticipate paying the same each night. When it comes to serviced apartments, that is not the case. Typically, the longer you end up staying, the more you will be able to save on a per night basis. This ultimately comes down to two different factors. For one, operators tend to value the longer stays due to the ability to avoid having vacancies down the road. Because of this, they are willing and able to offer a discount for the assurance that you will be paying for the room for a set period of time. Secondly, any reduction in rates also comes from the fact that the total VAT reduces from a very significant 20% to only 4% when you are staying a minimum of 28 days.
They Are Not as Expensive as You May Have Assumed
No matter if you are able to find a serviced apartment that gives you a great discount or not, you will be able to get one for a very affordable price. They aren’t nearly as expensive as you may assume. In fact, in central London, you can be hard-pressed to find a hotel room for under £100 per night. On the other hand, there are all kinds of different serviced apartments for that same price that you will find offer better amenities and facilities in total.
You Can Find Them Everywhere
You should be able to find a serviced apartment nearly anywhere you need one. Because the industry has grown so fast over the past 5 years or so, you will find operators popping up left and right. This means you will have no difficulties finding someone with a serviced apartment available in the location where you need accommodation.
You Can Bring Your Pets
Perhaps best of all, you are going to be able to bring your family and your pets along for the ride. This can be especially helpful if you are relocating to a new city and you will be staying in one for a while. A lot of aparthotels and serviced apartments accept pets. However, like apartments, you should be prepared to pay extra for the added inconvenience a pet causes.
A serviced apartment is going to be a much more comfortable form of accommodation because it offers a lot of the home comforts that you may want. Not only do some offer premium TV subscriptions including Netflix, but you may find some offer premium channels.
If you are brand new to the concept of a serviced apartment, you should be looking to take a good look at our beginners’ guide in order to familiarise yourself with it and find out why you should consider staying in one during your next trip.