For stays of a day, a week, a month or a year, serviced apartments (also known in the sector as Aparthotels, corporate housing or extended stay housing) offer a spacious, flexible and cost effective alternative to restrictive hotel rooms, with an average saving of 15 - 30% on an equivalent standard hotel.

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Rates Analysis

by Bard Vos & Maggy Sainsbury

Global comparison

1-6 nights (nightly rate)
 StudioOne BedroomTwo Bedroom
 Local CurrencyUS$Local CurrencyUS$Local CurrencyUS$
AfricaZAR 590 - 2,50075 - 319ZAR 590 - 3,95075 - 505ZAR 700 - 5,95089 - 760
AsiaUSD 110 - 200110 - 200USD 150 - 220150 - 220USD 200 - 605200 - 605
AustralasiaAUD 80 - 17070 - 149AUD 120 - 250105 - 219AUD 150 - 270131 - 236
Central & South AmericaAUD 57 - 12057 - 120USD 90 - 20090-200USD 120 - 270120 - 270
EuropeEUR 40 - 30059.50 - 446EUR 60 - 50089 - 744EUR 80 - 740119 - 1,102
Indian Sub ContinentINR 2,000 - 3,50046 - 81INR 2,200 - 5,70051 - 132INR 3,500 - 12,00081 - 279
Middle EastAED 265 - 1,62072 - 440AED 395 - 1,815107 - 493AED 450 - 2,000122 - 543
North AmericaUSD 127 - 227127 - 227USD 150 - 485150-485USD 200 - 575200-575


7 nights + (nightly rate)
 StudioOne BedroomTwo Bedroom
 Local CurrencyUS$Local CurrencyUS$Local CurrencyUS$
AfricaZAR 540 - 225069 - 287ZAR 540 - 3,58069 - 457ZAR 630 - 5,50080 - 703
AsiaUSD 100 - 180100 - 180USD 130 - 195130 - 195USD 180 - 550180 - 550
AustralasiaAUD 70 - 15061 - AUD 110 - 22596 - 197AUD 130 - 250113 - 219
Central & South AmericaUSD 52 - 11252 - 112USD 80 - 18080 - 180USD 110 - 250110-250
Europe EUR38 - 27056 - 402EUR 50 - 45074 - 670EUR 75 - 650111 - 968
Indian Sub ContinentINR 1,650 - 3,10038 - 72INR 2,000 - 5,30046 - 123INR 3,300 - 10,00076 - 233
Middle EastAED 260 - 1,55070 - 421AED 360 - 1,60097 - 435AED 405 - 1,700110 - 462
North AmericaUSD 120 - 215120 - 215USD 135 - 440135 - 440USD 180 - 525180 - 525


1 month + (monthly rate)
 StudioOne BedroomTwo Bedroom
 Local CurrencyUS$Local CurrencyUS$Local CurrencyUS$
AfricaZAR 14,500 - 61,5001,853 - 7,800ZAR 16,000 - 65,0002,045 - 8,318ZAR 18,500 - 72,500 2,367 - 9,278
AsiaUSD 2,000 - 3,5002,000 - 3,500USD 2,200 - 4,0002,200 - 4,000USD 2,600 - 4,5002,600 - 4,500
AustralasiaAUD 2,000 - 4,0001,753 - 3,506AUD 2,350 - 4,7502,059 - 4,163AUD 2,700 - 5,300 2,366 - 4,645
Central & South AmericaUSD 1,100 - 2,4001,100 - 2,400USD 1,300 - 2,8501,300 - 2,850USD 1,600 - 3,5001,600 - 3,500
EuropeEUR 1,095 - 3,7001,630 - 5,510EUR 1,520 - 4,5002,263 - 8,191EUR 2,200 - 6,5003,276 - 9,680
Indian Sub ContinentINR 36,950 - 63,000861 - 1,468INR 40,000 - 70,000932 - 1,632INR 43,500 - 78,0001,014 - 1,819
Middle EastAED 7,500 - 30,0002,041 - 8,165AED 7,800 - 40,0002,123 - 10,887AED 8,250 - 53,000 2,245 - 14,425
North AmericaUSD 1,500 - 3,0001,500 - 3,000USD 1,800 - 3,6001,000 - 3,600USD 2,100 - 4,300 2,100 - 4,300

Disclaimer: These rates are average rates and may vary per location, time of year, regional promotions and specific lengths of stays Rates quoted are based on average 4 star extended stay properties and exclude taxes.
Exchange rates used 12 August 2008

Serviced aparmtnet picture
Apartment hotel picture
Corporate housing picture

 
 
 
 
 
 
 
 
 
 
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