The concept of serviced apartments has gained great relevance in recent years. This type of establishment is one of the favorites of travelers for work reasons, but more and more leisure travelers are opting for this type of accommodation.
What are Serviced Apartments?
Serviced apartments are fully furnished accommodations available for short-term or long-term stays.
These apartments offer amenities and services similar to hotels but provide more space, privacy, and flexibility. Typically, they come with a fully equipped kitchen, living area, bedroom(s), and bathroom(s).
These accommodations cater to travelers, business professionals, and families seeking a home-like environment during their stay.
Benefits of Serviced Apartments
- Space and Comfort. This setup is particularly beneficial for families and extended stays, offering a more comfortable and homely atmosphere.
- Cost-Effective. For longer stays, these type of apartments often have lower nightly rates, especially for extended bookings, and the ability to cook your own meals can significantly reduce dining expenses.
- Flexibility and Convenience. These apartments often include fully equipped kitchen, washing machines and housekeeping services.
- Privacy and Security. Serviced apartments provide a higher level of privacy compared to hotels, making them ideal for business travelers, students and families.
- Amenities and Services. Many of these apartments come with amenities such as gyms, swimming pools, and business centers.
Tips for Running a Successful Serviced Apartment Business
- Location is Key. Choose a location with proximity to business districts, tourist attractions, public transportation, and dining options.
- Offer High-Quality Furnishings.
- Provide Excellent Customer Service. Address any issues or requests promptly.
- Maintain Cleanliness.
- Leverage Technology. Use technology to streamline operations and enhance the guest experience. Solutions to share content with TV, secure and quality WiFi, digital key, online booking systems, mobile check-ins… These features can make the stay more convenient for guests and improve operational efficiency and there companies like ZAFIRO that provide these hospitality technologies.
- Offer Competitive Pricing. Research the local market to set competitive pricing for your serviced apartments. Consider offering discounts for extended stays or promotional rates during off-peak seasons to attract more guests.