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Home Real Estate

The benefits of serviced apartments over traditional hotels

Lewis Muhoro by Lewis Muhoro
November 28, 2024
in Real Estate
Reading Time: 2 mins read

The hospitality industry is witnessing a shift in consumer tastes and preferences, with serviced apartments emerging as a favoured choice over traditional hotels. According to recent research data serviced apartments in Nairobi Metropolitan Area (NMA) recorded an  improvement in performance in terms of occupancy rates and monthly charges by 5.8% points and 4.0%, to 72.2% and Kshs 3,155 per SQM, respectively, in 2024. Here is why the facilities are becoming a go-to option for business travellers, expatriates and leisure seekers.

Serviced apartments often provide better value for money, especially for long-term stays. While hotels charge per night and include additional fees for services such as laundry and meals, serviced apartments offer competitive rates that decrease with the length of stay. Guests can also save money by preparing their own meals in fully-equipped kitchens, a feature absent in most hotel rooms.

One of the most significant advantages of serviced apartments is the “home away from home” experience. These accommodations typically include separate living, sleeping, and dining areas, as well as amenities like washing machines and fully stocked kitchens. This setup is ideal for families, business travellers, and expatriates who value privacy and the ability to maintain their routines while traveling.

Serviced apartments offer more space than traditional hotel rooms, making them ideal for individuals or groups traveling for extended periods. Whether it’s a business executive working remotely or a family on vacation, the extra room allows guests to feel comfortable and at ease.

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For those on business assignments, relocations, or extended vacations, serviced apartments are a preferred option. Unlike hotels, they are specifically designed to accommodate longer stays, providing a cost-effective and comfortable solution. The inclusion of utilities, Wi-Fi, and housekeeping services as part of the package makes them particularly attractive to corporate clients.

Serviced apartments are satisfying a niche in the hospitality sector by addressing the gaps left by traditional hotels. They combine affordability, comfort, and flexibility, making them a practical choice for a diverse range of travellers. As the global travel industry continues to evolve, serviced apartments are likely to solidify their position as a leading accommodation option for both short and long-term stays. For anyone seeking a balance between the luxury of a hotel and the comfort of a home, serviced apartments are undoubtedly worth considering.

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