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What is Serviced Accommodation? Explained

Serviced accommodation, often hailed as a cornerstone of modern travel and housing solutions, embodies a versatile and luxurious living option for those seeking the comforts of home coupled with the amenities of a hotel. 

This hybrid accommodation type has surged in popularity, offering a bespoke solution for travellers, business professionals, and even locals desiring a temporary abode that caters to their nuanced needs.

What is Serviced Accommodation?

Serviced accommodation refers to fully furnished apartments or houses available for short- or long-term stays, which include a range of hotel-like amenities and services. These accommodations are designed to provide guests with a home-away-from-home experience, featuring facilities such as a fully equipped kitchen, living and sleeping areas, and often additional perks like Wi-Fi, on-site laundry, and cleaning services. 

Unlike traditional rental agreements, serviced accommodations offer flexibility in booking durations, from a few nights to several months, catering to the diverse needs of its occupants without the commitment of long-term leases.

Who Stays in Serviced Accommodation?

Serviced accommodations cater to a broad spectrum of occupants, ranging from business travellers embarking on extended trips, families seeking spacious holiday lodgings, to individuals undergoing home renovations requiring a temporary residence. 

Additionally, they are a favoured choice among those relocating for work or personal reasons, offering a seamless transition without the permanence of traditional leasing agreements. This flexibility makes serviced accommodations a preferred choice for many, heralding a new era in tailored travel and living solutions.

What is the Difference Between Serviced and Non-Serviced Accommodation?

The distinction between serviced and non-serviced accommodation lies primarily in the range of amenities and services offered. Serviced accommodations are fully furnished apartments available for short or long stays, providing amenities such as cleaning services, a fully equipped kitchen, and often a concierge service, akin to what one might find in a hotel. 


Non-serviced accommodations, conversely, typically refer to traditional rental properties that do not offer these additional services, thereby requiring tenants to cater to their own needs in terms of cleaning, cooking, and other daily tasks.

What Are the Benefits of a Serviced Apartment?

Serviced apartments proffer a myriad of advantages, underpinning their growing appeal. Firstly, they offer more space and privacy than standard hotel rooms, making them ideal for those travelling in groups or with family. The inclusion of a kitchen enables guests to prepare their own meals, fostering a sense of home and potentially offering cost savings. 


The flexibility in terms of duration of stay, from a few nights to several months, coupled with the professional cleaning and maintenance services, ensures a hassle-free living experience. 


Moreover, the presence of amenities such as Wi-Fi, laundry facilities, and sometimes leisure facilities like gyms and pools, enhances the overall value proposition, blending the comfort of home with the luxuries of hotel-like services.

What is the Difference Between a Hotel and a Serviced Apartment?

While hotels and serviced apartments both offer accommodation solutions, their offerings diverge significantly. Hotels are typically characterised by their provision of daily housekeeping, room service, and on-site dining options, catering predominantly to short-term stays


Serviced apartments, on the other hand, offer a more residential experience, providing guests with a fully furnished apartment that includes a kitchen, living area, and separate bedrooms. 


This setup is particularly conducive to longer stays, offering a home-like environment with the flexibility to self-cater, whilst still availing of certain hotel-like amenities such as cleaning and maintenance services.

What are the Tax Benefits for Serviced Accommodation Owners?

Owners of serviced accommodations can avail themselves of various tax benefits, further maximising their returns. Depending on the jurisdiction, these benefits may include deductions for operating expenses, depreciation, and even reduced tax rates on rental income. 


It is essential for property owners to stay informed about the tax implications of their serviced accommodation business and seek professional advice to optimise their tax position.

Looking for a great place to stay? Explore our website for an array of options!  From fancy apartments in the city to cosy spots in quiet places. Whether you’re on a work trip, a family vacation, or just need a temporary place to call home, we’ve got something for you. Find your perfect spot now and make your next stay a good one.

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