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Why are serviced properties cheaper than hotels?
Serviced apartment rates generally reduce according to the length of your stay. This is due to a number of factors including:
• Maid service is normally provided less frequently than in a hotel. The cost savings accrued by the apartment operator in terms of reduced wage bills and less frequent laundering of sheets/towels are reflected in the reduced rate.
• Serviced apartments do not have a restaurant. Hotels without a restaurant wouldn't be a hotel in most people's minds so most hotels are obliged to operate at least one. Not having to supplement the running costs of a restaurant helps keep our serviced apartment rates more competitive.
• Most hotel rates include breakfast. Whether you have breakfast or not, your nightly hotel rate includes around 10 pounds to fund the cost of breakfast. Most people staying in serviced apartments have a choice: prepare your own breakfast or pay to have breakfast in the restaurant, a nearby cafe or on-the-go. The difference is that you're not paying for something you might not use.
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