What Is Serviced Accommodation? A Comprehensive Guide

21 March 2023 | General, Investment, Renting

Choosing the perfect place to stay during your travels is a crucial decision that can make or break your overall experience. Whether you’re jet-setting for work or leisure, it’s important to weigh your options and consider the pros and cons of serviced versus non-serviced accommodation.

By understanding the key differences between the two, you’ll be able to make an informed decision that aligns with your unique preferences and requirements. So, let’s dive in and explore the various factors to consider before booking your next trip.

What is Serviced Accommodation?

Serviced accommodation is an amazing lodging option that provides guests with fully furnished apartments or suites that offer hotel-like amenities and services. Unlike regular hotel rooms, serviced apartments are equipped with a kitchenette or fully equipped kitchen that allows guests to cook their own meals.

Additionally, serviced apartments offer various amenities such as housekeeping, laundry, concierge services, 24-hour reception, and in some cases, access to on-site gyms and swimming pools. These apartments are often rented out for extended periods, and some accommodations offer discounts for long-term stays.

Choosing serviced accommodation means experiencing comfort and convenience at a whole new level. Guests can relish the privacy and space of a fully furnished apartment while enjoying hotel-like services such as housekeeping and concierge services.

With a kitchenette or fully equipped kitchen, guests have the option to prepare their own meals, thus avoiding the need to spend extra money on eating out. Serviced apartments are particularly suitable for families or larger groups as they offer more space and can comfortably accommodate more people than traditional hotel rooms.

What is Non-Serviced Accommodation?

Non-serviced accommodation, or self-catering accommodation, is a great option for those seeking freedom and flexibility on their travels. With a variety of options ranging from charming holiday cottages to spacious villas and cabins, guests can enjoy their own private space without worrying about housekeeping or set meal times.

The beauty of non-serviced accommodation lies in its affordability and homely feel. Families and larger groups can take advantage of the extra space and create a cozy home-away-from-home atmosphere, while travelers on a budget can save money by preparing their own meals instead of dining out.

What’s more, guests can fully immerse themselves in their surroundings and experience the local culture in a more authentic way. From cooking with fresh, local ingredients to discovering hidden gems in the surrounding area, non-serviced accommodation offers a unique and personalized travel experience.

While it may not offer the same level of services and amenities as traditional hotels, non-serviced accommodation allows guests to break free from the routine and enjoy complete independence.

Whether you’re looking for a peaceful countryside retreat or a beachfront oasis, non-serviced accommodation has something to suit every taste and budget. So why not ditch the hotel and embrace the freedom of self-catering on your next adventure?

Which is Right For You?

When you’re deciding between serviced and non-serviced accommodation for your next trip, it’s important to take several factors into account. Your own preferences and requirements, as well as the nature of your journey, will all influence which type of lodging is best for you.

If you prize solitude and independence above all else, then non-serviced accommodation might be the ideal option. On the other hand, if you’re looking for access to the sorts of amenities that you’d find in a hotel, then serviced accommodation could be a better fit.

There are a range of circumstances where serviced accommodation could be the most practical choice. For instance, if you’re traveling for work and need access to things like conference spaces or fitness centers, then a serviced apartment may be the way to go.

Alternatively, if you’re traveling with young children and want the convenience of having your room cleaned every day, or the assistance of a concierge, then serviced accommodation is likely to be a better choice.

However, there are also many cases where non-serviced accommodation is the better fit. If you’re planning to stay for a longer period of time and would like the freedom to cook for yourself and wash your clothes, then non-serviced accommodation is likely to be more cost-effective.

Additionally, if you’re seeking complete privacy and independence on a romantic retreat or a trip with friends, then a self-catering cottage or villa is likely to be the best bet. Ultimately, your choice of serviced or non-serviced accommodation will depend on your unique preferences and requirements, as well as the purpose of your trip.

What are the benefits of serviced accommodation for landlords?

As the property market continues to evolve, landlords and property owners are looking for ways to maximise their returns. Serviced accommodation is increasingly becoming a popular option for landlords looking to achieve higher yields on their rental properties.

The main advantage of offering serviced accommodation is the flexibility it provides. Unlike traditional buy-to-let properties, landlords can offer their property for short-term rentals, in addition to longer lets. This means landlords can target a range of tenants, from those looking for a weekend getaway to business travellers seeking a temporary home away from home.

What are the benefits of serviced accommodation for landlords?

Another benefit of offering serviced accommodation is the potential for higher rental income. While a tenant on an AST agreement will typically pay rent on a monthly basis, guests staying in serviced accommodation are likely to pay a premium for the convenience and flexibility of short-term rentals. This can result in a higher total rental income over time.

Additionally, serviced accommodation can provide an easier exit strategy for landlords. With no tenant on a long-term lease, it can be easier and quicker to sell a short-term rental property. This can provide landlords with greater flexibility and more options when it comes to managing their property portfolio.

In summary, serviced accommodation provides greater flexibility, higher rental income potential, and an easier exit strategy for landlords. By offering this type of accommodation, landlords can appeal to a wider range of tenants and maximise their rental returns.

What should be included in serviced accommodation?

When it comes to serviced accommodation, guests expect the best of both worlds: the comfort and convenience of a hotel, combined with the homely atmosphere of a fully furnished apartment. To meet these expectations, landlords should ensure that their serviced accommodation offers everything that a guest could need for a comfortable stay.

At a minimum, serviced accommodation should include a fully equipped kitchen with all the necessary appliances, as well as a separate bedroom or dedicated sleeping area for studio apartments. A well-maintained bathroom, furnished living area with comfortable seating, and free WiFi and TV are also essential.

In addition to these basics, landlords should aim to provide all utilities, such as water and electricity, within the rental price. This not only makes it easier for guests to budget their stay but also helps to eliminate any unexpected costs.

To ensure a high level of comfort and cleanliness, landlords should also provide a regular housekeeping service, either weekly or more frequently, depending on the length of the guest’s stay.

This will help to keep the accommodation looking and feeling fresh, and make guests feel more at home during their stay.

Who typically stays in serviced accommodation?

Serviced accommodation caters to a wide range of guests, offering a flexible and convenient option for those looking for short or long-term stays. Tourists often opt for serviced apartments as a home-away-from-home experience, providing more space and amenities compared to traditional hotel rooms.

Business travelers also appreciate the benefits of serviced accommodation, as it offers a more comfortable and private environment for extended stays. Companies can also benefit from block-booking apartments for their staff, whether it’s for training programs or working away from their usual base.

Who typically stays in serviced accommodation?

Additionally, those who are between house moves or undergoing renovations can take advantage of serviced accommodation as a temporary solution. With the flexibility of renting for short or extended periods, serviced accommodation is a practical choice for various needs.

Landlords can also negotiate different rates depending on the length of stay, making it a versatile option for guests and a profitable opportunity for property owners.

Are serviced apartments a worthwhile investment?

Investing in serviced apartments can be a smart move, especially with the rapid growth of this sector in the UK rental market. However, as with any investment, there are always risks to consider. The key to success lies in choosing the right location and understanding the level of demand for serviced accommodation in the area.

Conducting thorough research and due diligence is essential before committing your money to any property investment. By doing so, you can make an informed decision and increase your chances of generating solid returns on your investment.

Do you need planning permission for serviced accommodation?

Planning permission can be a tricky area when it comes to turning a property into a serviced apartment. It all depends on how the local authority views the change in use from residential to something akin to a hotel or guest house. Some councils have taken a stricter stance, with concerns about the impact on neighbours and the availability of long-term rental properties.

It’s important to remember that there’s currently no specific planning designation for serviced accommodation, so seeking advice from your local authority is crucial.

It can be frustrating when regulations get in the way of a potential investment, but it’s essential to follow the proper procedures to avoid any legal issues down the line. In short, it’s not worth cutting corners when it comes to planning permission – doing things properly and by the book is always the best course of action.

What types of properties are best suited for serviced accommodation?

If you’re considering investing in serviced accommodation, you might want to consider looking for one or two bedroom apartments in busy urban areas. Not only are they generally less expensive and easier to maintain than larger properties, they also tend to attract a wider range of guests.

From business travelers to holidaymakers, couples, and solo adventurers, city apartments are ideal for those who want to experience all that the city has to offer.

Plus, with the rise of staycations, apartments in city centers are likely to be popular all year round. So, if you’re looking for a property that will generate consistent income and be in high demand, then a one or two bedroom apartment in a bustling urban area could be just what you need.

 

Written by Danielle

She has been writing professionally for 8 years, with articles published in various print and online publications. She is an avid researcher and strives to bring her readers the most up-to-date information and insights on the topics she covers. Danielle is also an expert on home renovation, interior design and construction, and she loves helping homeowners turn their dreams into realities. When she’s not writing or editing, Danielle enjoys spending time with her family, gardening and exploring nature.

Author

  • Danielle Stone

    She has been writing professionally for 8 years, with articles published in various print and online publications. She is an avid researcher and strives to bring her readers the most up-to-date information and insights on the topics she covers. Danielle is also an expert on home renovation, interior design and construction, and she loves helping homeowners turn their dreams into realities. When she’s not writing or editing, Danielle enjoys spending time with her family, gardening and exploring nature.

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