Whether it’s for a short period before finding a permanent home in a new country, a shorter stay for a project or for even an extended stay for a long-term work assignment, business travellers need at least some of the comfort that a home provides for their stay abroad.

Serviced accommodations are integral for business professionals and the companies that employ them.  Companies prefer to accommodate their employees in serviced accommodations to keep their employees comfortable and happy. This can improve work quality and productivity. In other words, serviced apartments aid in having an improved work-life balance.

An increasing amount of companies and professionals are opting for serviced accommodations as opposed to hotels with a growth of about 7% in comparison, and an expected increase of 23,000 serviced apartments by the year 2022 in Europe alone. According to ones’ demands and needs, there is a wide range of different types of serviced accommodations available, especially in the past decade a significant increase has been parallel to the rising amount of global nomads that need a place to stay abroad.

But what type of serviced accommodations are offered by providers? 

The range of accommodations provided have a minimum requirement that fit the demands of professionals abroad. Basic serviced accommodations come with furniture, an equipped kitchen, bathroom and toilets. Along with that, there are certain amenities provided similar to that of a hotel such as towels, toiletries, housekeeping services and a reception.

The three types of serviced accommodations being offered are aparthotel rooms, serviced apartments and corporate housing.

  • Aparthotels, are the most identical to a regular hotel. Aparthotels are literally what the name implies: A combination of an apartment and a hotel. This type of serviced accommodation has almost the same services as a hotel and are in designated buildings. An aparthotel provider of Short Stay Citizens, Citadines, offer services such as a 24-hour-reception, housekeeping, room service, meeting rooms, laundry and dry-cleaning, babysitting and more. Depending on the location and provider, some aparthotels might offer more or fewer services. The biggest difference is that the rooms are a bit bigger than the regular hotel rooms but smaller than your average one-bedroom or studio serviced apartment. Aparthotels typically include kitchenettes with limited kitchenware. This type of serviced accommodation, usually, does not have minimum stay requirements such as other types of serviced apartment or corporate housing.

  • Serviced apartments are typically in residential buildings however there are some in designated buildings. For instance, The Ascott Residence in Beijing, also offered by Short Stay Citizens, has buildings around the world offering serviced apartments. Some have a front desk, room service, fitness centre, a business centre, swimming pools, babysitting and more.

  • Serviced apartments in residential buildings, such as Stayci in The Hague, have fewer services but most of them do have housekeeping services and have a washer and dryer in the apartments or in the building. These types of serviced apartments don’t have a reception on site: Guests need to check-in at a designated office for check-in, or the concierge will meet the guests at the apartment to hand over the keys, or self-service check-in is also possible. These serviced apartments are bigger than aparthotel rooms, fully furnished and fully equipped. Most providers have a minimum stay requirement of 7 or 14 days. However, depending on availability, some serviced apartment providers might also provide short stays of less than a week.

  • Corporate housing is an apartment or a house that is fully furnished and equipped. Corporate housing is also sometimes referred to as serviced apartments. Although very similar to serviced apartments, they do not have the same amenities. For example, some only have cleaning services and high-speed internet. It also, usually, has the largest living space compared to aparthotels and serviced apartments. This type of housing has the least similarities with a hotel. For instance, they do not have a front desk, room service, gym, car hiring service, etc. Most corporate housing also has a minimum stay of 14 days or one month. Companies that send their employees frequently abroad to the same location, or for an extended period of time, generally prefer corporate housing.

Corporate housing and serviced apartments can be privately owned or professionally managed.  Privately owned apartments are owned by people who want to rent it out. These types of apartments can be rented for a longer period of time than professionally managed apartments and are often cheaper than other serviced accommodations. However, they offer fewer services and the quality are often not guaranteed. The professionally managed serviced accommodations include more services similar to a hotel and quality is guaranteed. Serviced accommodations are generally less expensive than hotels depending on the length of stay. However, some serviced accommodations might be more expensive due to their location. However, the living spaces are bigger and it has better amenities, therefore, making the stay worth every penny.

For more information check our blog about “The difference between professionally managed serviced apartments, privately owned apartments and hotel rooms”.

Every individual has its own housing preference depending on their needs, wants and budget. Contact Short Stay Citizens to find the serviced accommodation that is best for you!

By Sahar Tahib

 

Sources:

Dwellworks Blog, 2017

Globetrender, 2018

Buying Business Travel, 2019

Gethppy, 2019

National Corporate Housing