Serviced apartments are an enduringly popular alternative to traditional hotels.
LORRAINE KARABIN
documents what they mean for the future.
Within the past decade, serviced apartments have flourished into a mainstream accommodation choice. Sitting between hotels and residential housing, they range from short-term aparthotels for business and leisure stays, to long-term corporate housing for business travellers.
Located in major gateway cities, serviced apartments provide more space, flexibility and freedom than traditional hotels, with home-from-home comforts. They are more cost effective, saving up to 50 per cent on hotel costs since pricing is per apartment rather than per room. (
Source: The Ascott and Skyline
).
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Serviced Apartments - A New Way to Stay