What is a Serviced Apartment?
Learn Everything You Need to Know About Serviced Apartments and Corporate Housing
What is a serviced apartment?
A serviced apartment is an all-inclusive fully furnished apartment that is available for short-term or long-term rental of one month or more. Unlike a traditional apartment, a serviced apartment includes all utilities, cable, and internet costs and is managed by a professional company that also provides cleaning and maintenance. Serviced apartments are often used by business travelers, military personnel, and those who want the convenience and flexibility of having a home-like space while they are away from home.
Are serviced apartments cheaper than hotels and Airbnbs?
Serviced apartments are 30-50% less than traditional hotels for extended stays, and 15-30% less than Airbnbs for stays of one month or more. Additionally, serviced apartments have all-inclusive pricing whereas Airbnbs tack on cleaning fees and service fees after quoting your initial price. For longer stays of 3 months or more, serviced apartments can easily save clients hundreds or thousands of dollars. Compare the cost of other temporary housing accommodations and learn “how much does corporate housing cost in 2023?”
What is serviced housing on Airbnb?
On Airbnb, a serviced apartment is a listing that is managed by a professional company rather than an individual host. Airbnb serviced housing is fully furnished and equipped with amenities such as a kitchen, laundry facilities, and housekeeping services. Like other types of Airbnb rentals, serviced apartments can be booked for short-term or longer-term stays and include cleaning fees and service fees. However, Airbnb serviced apartments are typically the best option for travelers who are staying in a location for under-a-month, and who want the convenience and comfort of a hotel, but with the added benefits of a community space, gym, amenities, and privacy of a home or apartment. If you are staying for more than 30 days, month to month furnished apartments typically offer the same conveniences with better cost savings.
What is the difference between a serviced apartment and a hotel?
The main difference between a serviced apartment and a hotel is the amount of space and the length of stay that each provides. Also called corporate housing, serviced apartments are typically larger than hotel rooms and offer more living space, including a separate bedroom, a full kitchen, and a dining or living area. Many serviced apartments are a good option for travelers who are staying in a location for one month or more because the cost of corporate housing is less, and travelers can create a home away from home. In contrast, hotel rooms are typically smaller and more compact, with just a bed and a bathroom, and can be very expensive for stays beyond a few days or weeks.
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