How serviced apartments help cut long-stay business travel spend

Serviced apartments have gained popularity over the past decade and are now recognised for their unique features and ‘home-from-home’ qualities – more space, privacy and fully-equipped kitchen with laundry facilities. For the corporate travel manager looking to cut the cost of their business travel budgets, serviced apartments are an option well worth considering for short to long-term stays.

Business travel budgets incur the greatest costs from air-travel, accommodation and restaurant bills.

A fully equipped kitchen gives guests the option to cook a meal and savour the flavours while seated comfortably at the apartment dining-room table. There is room to share with a college or friends too.

Staying in a serviced apartment does offer a means of cutting the cost of restaurant bills and room service charges. The longer your stay, so the hefty restaurant bills start to add up. With the availability of a fully equipped kitchen, cooking-in will reduce business travel food bills by at least 50%. Serviced apartments located in towns and cities have easy access to shops and super markets many of which ‘home’ deliver at a small additional cost. This service provides a convenient way of stocking-up on necessary ingredients.

Serviced apartment kitchen with all the appliances needed to store food and to rustle-up a hearty meal

A third reason why a serviced apartment can help to cut the cost of business travel is that the rates decrease the longer you stay. Apartments are roughly the same nightly rate as a hotel room of equivalent standard. Apartments are booked at a set rate irrespective of whether one or two people have booked to share. So, if travelling with a colleague this is also a good cost cutting tip even when booking into a two bedroom apartment. Tax also drops after 28 days – so the longer the business travel booking, the less your stay will cost.

Two bedroom serviced apartment with twin bed options – ideal for business travel colleagues sharing

Letting accommodation is another option considered by business travel managers however, the booking process is a time consuming one involving the signing of a lot of paperwork  including tenancy agreements to protect the property.

Cotels have serviced apartments located in Milton Keynes, Luton and Northampton – all close to major travel links. Booking into our serviced apartments is a quick and easy process with no lengthy paperwork required.