Serviced Apartment as a concept has grown with the increase in global trade and corresponding increase in business travelers. Just like traditional hotel chains, there are international luxury serviced flat brands that manage properties in cities across the globe. And they are as professionally managed and serviced. For a short term accommodation it definitely offers superior comfort, space and value.
Frasers Hospitality is a London based company that manages high-end serviced apartments on eight great locations across London. They offer their Kensington Suites, a two bedroom flat with a private garden for £1,530 a week. Its location is perfect as it is near the park, the palace and the shops. It has solid wood floors, a full size kitchen, living room and modern furniture. It comes with cooking utensils, silverware, plates, glasses, TV and DVD – in fact, all the comforts of home.
Most serviced apartment buildings, in addition to their fully kitted-out flats, also have fitness centers. Others have restaurants and cafes. Though room service is generally not available there is staff on hand to help when needed. There is a concierge to help you out. If you see the cost benefit ratio, the serviced apartment will score over hotels.