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Serviced Apartments – ‘The Green Option?’

Serviced Apartments – ‘The Green Option?’

Submitted by • July 16, 2020

To many, serviced accommodation is an unfamiliar term and this perhaps owes to the fact that within the hospitality industry, it is a fairly recent concept. (the first serviced apartments appeared in the capital in the 80's). If someone were to tell you, instead of a hotel room you could have a whole apartment for the same cost, you may think they were scamming you. But this is the reality of serviced letting. The industry grew up around private owners letting to holiday makers wanting that little bit more freedom and flexibility. A home away from home. The corporate sector soon cottoned on to the idea and an industry was born. Now with 60% of corporate businesses having travel and relocation policies in place, 73% of companies worldwide use apartments instead of hotels ( for stays of 7 nights or more) for their travelling employees.

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Voted by woolibeach

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