comparing - the real costs

What accommodation choices do you have when staying away from home on business or, perhaps, because of long term work being carried on your home? A hotel is often the obvious choice, but for a longer stay away, leasing a property may also be an alternative.		Here we compare the costs, real and hidden that can be involved when staying in a hotel and leased apartment to being a guest in serviced accommodation.

	Hotel	Serviced Apartment	Leased Apartment
Typical Single Occupancy Rate (per person per night)	£80-150	£70-100	£45-50
Typical Double Occupancy Rate (per person per night)	£80-150+	£40-60 *	£25-35 *
Flexibility	High	Medium	Low
Suitable for stays of	1 – 5 nights	3 nights – 12 months	6-24 months
Minimum level of commitment	1 night	1 night	6 months
Cancellation notice period	1 night	1 week	1 month
Minimum lead time	1 hour	1-3 days	1-2 months
Level of administration	Low	Low	High
Pricing Structure	Night rate + extras	All inclusive	Rent + deposit
Hidden costs / extras	Restaurant & bar bills, taxis, Sky Movies, broadband internet, phone calls	Supermarket groceries, phone calls	Utilities, phone calls & line rental, Broadband, Sky, furnishings

Do you want to find out more about the value of staying in esa serviced apartments compared to hotel accommodation or leased apartments? Contact us today, we’d be delighted to show you our serviced apartments Newbury, Maidenhead, Swindon or Bracknell or answer any questions you might have.

* Rates based on 2 colleagues sharing a 2 bedroom 2 bathroom apartment.

Typical rates quoted exclude VAT