What You Need to Know About Serviced Accommodation

In recent years, serviced accommodation has become an alternative to traditional hotels and apartments. This type of accommodation offers the comforts of home with the convenience of hotel services. It’s no wonder that even more travelers choose serviced accommodation for their stays.

In this article, we’ll explore what serviced accommodation is, its advantages, and what you should consider before booking:

What Serviced Accommodation Is

Serviced accommodation is a type of Short Term Rentals that provides fully furnished apartments, flats, or houses for short-term or long-term stays. This accommodation type is often preferred by business travelers, families, and individuals looking for a home-like experience. Serviced accommodation can range from basic to high-end, depending on the provider, location, and amenities.

Serviced accommodation typically comes with the following features:

Furnished apartments with a living room, bedroom(s), and bathroom(s)
Fully equipped kitchen with basic appliances, utensils, and cookware
Housekeeping services
On-site or nearby laundry facilities
Wi-Fi, cable TV, and other entertainment options
Access to communal facilities like a gym or pool

Serviced Accommodation Example

If you have a standard buy-to-let serviced accommodation unit, its location could allow you to earn around £500 per month. However, if you use it for serviced accommodation, you might be able to charge around £80 per night. While it might not be occupied every night, a 20% monthly occupancy rate would still generate more than £500 per month, the amount earned from a fixed-term rental agreement.

Advantages of Serviced Accommodation

There are many advantages to choosing serviced accommodation over traditional hotels or apartments. Here are some of the top benefits:

1. More Space and Privacy – Serviced accommodation typically offers more space than a hotel room, with separate living areas, bedrooms, and bathrooms. This makes it ideal for families or groups of travelers. Additionally, serviced accommodation provides more privacy than a hotel, as you have your apartment or house.

2. Cost-Effective – Serviced accommodation can be more cost-effective than a hotel, especially for extended stays. You can save money on your meals by cooking your own food in the fully equipped kitchen, and laundry facilities can be a money-saver too.

3. Flexibility – Serviced accommodation offers more flexibility than a hotel, as you can come and go as you please, cook your meals, and have more space to work or relax.

4. Home-Like Experience – Serviced accommodation provides a home-like experience, with comfortable furnishings, a fully equipped kitchen, and housekeeping services. This can be especially beneficial for travelers staying for an extended period.

5. Location – Many serviced accommodation providers are located in desirable areas, like city centers or near business districts. This can be more convenient than a hotel in a less desirable location.

What You Should Consider with Serviced Accommodation

Before booking serviced accommodation, there are a few things to consider:

1. Cost – While serviced accommodation can be cost-effective, it’s important to compare prices with other options to ensure you’re getting a good deal.

2. Amenities – Different providers offer different amenities, so it’s important to choose one that suits your needs. For example, if you need access to a gym, make sure the serviced accommodation you choose has one.

3. Location – Consider the location of the serviced accommodation and whether it’s convenient for your needs. If you’re on a business trip, you may want to be close to your meetings or the airport. If you’re on a leisure trip, you may want to be in a central location with easy access to attractions.

4. Reviews – Read reviews from previous guests to get an idea of the quality of the serviced accommodation and the level of service provided.

Conclusion

Serviced accommodation is a popular option for travelers who are looking for a home-like experience with hotel services. With fully furnished apartments, housekeeping services, and access to amenities, serviced accommodation offers many advantages over traditional hotels or apartments. When choosing serviced accommodation, consider the cost, amenities, location, and reviews to ensure you’re getting the best value for your money.

At Your Night Inn, we offer budget-friendly serviced accommodations and vacation apartment rentals for businesses and individuals across the UK.