Why serviced apartments are the best corporate housing option

November 13, 2024

3 minute read

For Global Mobility managers, travel agencies, and relocation firms, finding the right accommodations for employees on temporary assignments is a constant challenge. Serviced apartments emerge as an ideal solution, offering flexibility, cost optimization, comfort, and the ability to adapt to each company’s and guest’s specific needs. Below, we explore the pros and cons of choosing serviced apartments compared to other accommodation options.

Advantages of serviced apartments for corporate housing

1. Cost optimization

‍Advantage: Compared to hotels, serviced apartments help cut costs, especially for longer stays, as they include services like weekly cleaning, basic supplies, and internet without additional charges. This makes them more economical for extensive projects or multi-month assignments.‍
Other options: Hotels may include some services, but their daily rates can add up significantly for longer stays, making them less cost-effective.

2. Comfort and a home-like experience

‍Advantage: Serviced apartments come fully furnished and equipped, creating a comfortable, home-like environment for employees. With kitchens, workspaces, and living areas, employees can enjoy independence and privacy—important for both their well-being and productivity.‍
Other options: While hotels offer conveniences, they lack the freedom and home-like feel that a fully furnished apartment provides.

3. Flexibility in contracts and duration

‍Advantage: Serviced apartments offer flexibility and can be customized to the specific duration of each project or assignment. Companies don’t have to commit to lengthy leases, as with conventional rentals, and can extend or shorten stays as needed.‍
Other options: Hotels and long-term rentals lack this flexibility, which can be a drawback for projects with shifting timelines.

4. Customized options for each guest

‍Advantage: Serviced apartments can be tailored to meet the specific needs of each employee or project. Companies can select locations, apartment sizes, and additional services based on individual preferences or requirements, improving guest satisfaction.‍
Other options: Hotels and more rigid accommodations don’t allow for such detailed personalization.

5. Centralized management through a technological platform

‍Advantage: Specialized corporate housing platforms, like Apartool, offer a tech solution for managing all aspects of employee accommodations in one place. From viewing options to handling invoices and payments, companies can streamline housing management on a global scale and consolidate all information in a single system.‍
Other options: Hotels or traditional rental properties often lack this level of integration and centralized management.

6. Dedicated account manager and personalized support

‍Advantage: With a dedicated account manager, companies gain direct access to a professional who can resolve questions, handle issues, and provide support throughout the process, ensuring a smooth experience for both the management team and the guest.‍
Other options: Hotels or traditional rental agencies might offer support, but often without the same level of personalized assistance and guidance that a dedicated account manager provides.

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Cons of serviced apartments

1. Limited availability during peak seasons

‍Disadvantage: During high-demand seasons, finding suitable serviced apartments may be challenging, requiring early planning.‍
Alternative: Hotels usually have a larger capacity to handle these variations, though at a higher price.

2. Local regulations and restrictions

‍Disadvantage: Some cities have specific regulations regarding temporary housing, which can limit options or impose minimum stay requirements.‍
Alternative: Hotels aren’t typically subject to these restrictions, making them a simpler choice in certain locations.

3. Initial search and management effort

‍Disadvantage: Comparing and managing multiple serviced apartment options can require an initial investment of time and resources.‍
Alternative: Hotels offer visible rates and simplify booking, but they might not provide the best value for extended stays.

Why serviced apartments are the best solution for global mobility, travel agencies, and relocation companies

Serviced apartments offer a comprehensive solution for managing employee mobility, providing comfort, cost savings, flexibility, and customized options. By working with specialized platforms, companies can centralize the management of accommodations, billing, and support through one system, all while having a dedicated account manager to address any need.

For Global Mobility teams, travel agencies, and relocation firms, serviced apartments provide the ideal combination of operational efficiency and employee satisfaction, allowing for a seamless and efficient global mobility experience.

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Why serviced apartments are the best corporate housing option

Table of contents

Find the apartment you need in the easiest way.

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Unlock better business stays

Why serviced apartments are the best corporate housing option

Table of contents

Find the apartment you need in the easiest way.

Related articles

Unlock better business stays

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